ATM Fees
Transparent fees for your bitcoin transactions
At Capitalize Bitcoin ATM Holdings, LP, we believe in clear and upfront pricing. Understand every aspect of your transaction costs when using our 100 Bitcoin ATM machines located in Wellford, South Carolina, and beyond.
Understanding our ATM fees
We want to ensure every customer understands the costs associated with using our Bitcoin ATMs. Here's a breakdown of the fees you might encounter:
| Fee type | Description |
|---|---|
| Transaction fee | A percentage-based fee applied to the total amount of Bitcoin bought or sold. This covers the operational costs of the ATM, including maintenance, security, and transaction processing. |
| Network fee (miner fee) | This is a variable fee paid to the Bitcoin network to process and confirm your transaction. It is not set by Capitalize Bitcoin ATM Holdings, LP and can fluctuate based on network congestion. |
| Exchange rate spread | The difference between the market price of Bitcoin and the price offered at our ATMs. This spread helps us cover operational expenses, liquidity provision, and market volatility risks. |
| Potential third-party fees | While rare, your bank or other payment processor might charge their own fees for cash withdrawals or debit card transactions at our ATMs. Please check with your financial institution for details. |
Why these fees exist
Our fees enable Capitalize Bitcoin ATM Holdings, LP to provide a reliable and secure service. They cover:
- Operational costs: Maintaining 100 Bitcoin ATM machines, including regular servicing, software updates, and physical security.
- Regulatory compliance: Adhering to strict financial regulations and anti-money laundering (AML) policies to ensure a safe and legal service.
- Customer support: Providing assistance for any issues or questions you might have regarding your transactions.
- Technological infrastructure: Investing in robust and secure systems to ensure smooth and efficient Bitcoin transactions.
- Liquidity provision: Ensuring we always have enough Bitcoin or cash available for your transactions, which involves managing market risks and exchange operations.
How we compare to other Bitcoin ATM providers
We strive to offer competitive rates while maintaining high service standards. While fees can vary greatly across the industry, Capitalize Bitcoin ATM Holdings, LP generally positions itself:
- Industry average to slightly lower: We aim to keep our transaction fees and exchange rate spreads competitive, often aligning with or being slightly below the industry average, especially for the robust network of 100 ATMs we operate.
- Transparency: Our commitment to clear fee disclosure is paramount, ensuring you always know what you're paying.
- Value for service: Our fees reflect the high availability, reliability, and security of our machines, backed by Capitalize Bitcoin ATM Holdings, LP's dedication to quality.
We encourage users to compare our rates with other providers, but also to consider the convenience, reliability, and security that Capitalize Bitcoin ATM Holdings, LP offers with its extensive network of ATMs.