Post
Topic
Board Beginners & Help
Re: New to bitcoin (help needed starting)
by
Goldson
on 01/12/2024, 18:53:50 UTC
Let's say you want to buy bitcoin and you have $100 and let's say the fee is 20% so you'll receive $80 worth of bitcoin to the wallet that you connected to the machine through scanning the QR code.
20%, surly they wont change that much will they?

The wallet that will receive the bitcoin doesn't charge fees. Take note, receiving bitcoin doesn't charge fees and only withdrawal from exchanges or from a platform and sending bitcoin from a wallet to another wallet charge fee. About the other one you quoted,
So you are saying it is free to pay money into the wallet from the ATM machine. But will change me if I transfer to my coinbase right?
Dose the wallet change for spending/ buying stuff with the wallet?


it's better if you buy bitcoin that the bitcoin you will buy will be sent to your wallet and not to an exchange platform if you are not planning to buy different cryptocurreny.
I dont understand what you mean!