Bitcoin ATMs in poland - fees and commissions

In this article you will find out what is the price of exchanging cash for bitcoin at Bitcoin ATM in Poland, especially in Warsaw. You will review what currency the withdrawal is in, the average commissions, and which bitcoinomat has the lowest fees.

‍ Inwhat currency does Bitcoin ATM payout in Poland?

Withdrawal at Bitcoin ATM in Poland is in PLN currency. When buying cryptocurrencies, you can put EUR, GBP, PLN, USD into Bitcoin ATM . When selling, you get Polish zloty. In Bitcoin ATM in other countries, the payout is in the currency of the country - usually EUR. For example, in Spain, you can buy with CHF, EUR, GBP, HUF, RON, USD, and sell with EUR.

Of course, everything also depends on the operator. For example, in Poland Shitcoins Club offers EUR, PLN, USD and GBP, when other operators USD, PLN and EUR. In Italy, this operator offers to buy with CAD, CHF, EUR, HUF, RON, USD, and sell with EUR. Other operators offer other sets of currencies for withdrawal at Bitcoin ATM.

An example of a device that offers withdrawals in PLN is, for example, Bitcoin ATM at Europlex in Mokotow, Warsaw.

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Bitcoin ATM and ATMs, cash in pln currency in envelope — Payment at Bitcoin ATM in Poland is in Polish zlotys - PLN, and in Europe - usually in EUR.

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How much does it cost to send Bitcoin?

According to coinatmradar's August 16, 2021 survey, the average fee for buying bitcoin from vending machines worldwide is 8.4%, and for selling bitcoin for cash is 5.4%. According to bitinfocharts, the average daily transaction fee on the bitcoin network this year has ranged from $1.78 to $62. For Ethereum, the average fee ranged from $1.59 to $70.

In Poland, operator Shitcoins.club offers regular promotions on commissions, during which sending Bitcoin is free, or you get extra value for free. Outside of promotions, operators such as Shitcoins Club or Flying Atom offer between 3-7% commission on Bitcoin ATMs.

As you can see, the price of exchanging cash for Bitcoin at Bitcoin ATM is quite variable, but the "no commission" promotions at ShitcoinsClub and the ability to exchange directly for cash, often without identity verification (up to a limit) makes up for the above difficulties.

Now that you know how much it costs to send Bitcoin, see where you can buy cryptocurrencies in Warsaw.

Which bitcoin ATM in Poland has the lowest fees?

In Poland, Bitcoin ATM with the lowest fees is Shitcoins Club due to promotions of 0% or +3% against exchanges, i.e. extra cash or BTC. However, such fees do not last forever.

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Bitcoin ATMs in America have higher commissions. Both CoinFlip and Coinsource boast the lowest transaction fees in the US market. CoinFlip ATMs, of which there are more than 1,000 in 45 states, have a transaction fee of 6.99% above the purchase price and 3.99% below the sale price - some of the lowest BTM fees in the US.

Bitcoin ATMs in Poland - exchange rates

Although some Bitcoin ATMs are simply traditional ATMs with modified software, they do not require a bank account or debit card. On average, transaction fees are 10-20%, but can go up to 25%, but also 6.5% or 0% (during promotions that take place on social media).

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Bitcoin ATMs - What is the amount of money in the machine?

The amount of money in the vending machine depends on the device. You will check how much money is in Bitcoin ATM in the table in Map Bitcoin ATMs.

Of the many types of Bitcoin ATMs, the most popular only allow you to buy Bitcoin, although some also allow you to sell. Bitcoin ATMs usually have a withdrawal limit of $1,000 to $10,000. Those in Poland have a limit without verification of up to €1,000. If you're curious what this "limit" is after which you have to confirm your identity, read about it in the article Regulations Bitcoin ATMs Bitcoin and KYC in 2022.

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Do bitcoin ATMs give you cash?

Bitcoin ATMs are machines that dispense bitcoin in exchange for cash. While every Bitcoin ATM is capable of accepting cash and buying cryptocurrency, only some are able to sell cryptocurrency, allowing you to withdraw cash.

All Bitcoin ATMs on this site allow both selling and buying.

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How much is Bitcoin ATMs?

Bitcoin ATMs In the world - how many are there?

At the beginning of 2021, some 14,000 Bitcoin ATMs were installed worldwide. That number rose to 34,000 by the end of 2021, an increase of about 20,000 Bitcoin ATMs in 12 months.

The United States has the largest number of Bitcoin ATMs in the world, with 30,123 available in the country.

Bitcoin ATMs In Poland - how many are there?

In Poland, as of March 12, 2022, there are 174 Bitcoin ATMs. There are 50 in Warsaw, 15 in Wroclaw, 13 in Gdansk, 12 in Katowice, 27 in Krakow, 8 in Lodz and 6 in Szczecin. Other cities have 1-3 Bitcoin ATMs. Shitcoins.club has 24 Bitcoin ATMs in Poland and 150 in Europe, while FlyingAtom has 52 in Poland.

How long is the payout at Bitcoin ATM?

After using the "Sell cryptocurrency and withdraw money at ATM" button on Shitcoins.club, you don't have to rush, because there is no time limit for withdrawal at Bitcoin ATM. You can come to Bitcoin ATM even in a month!

If you start to enter the private key while standing at the device, but don't finish, or if you scan the QR code but don't confirm it with the button because you're preoccupied with an unexpected phone call, for example, then the screen will turn off after a while to protect you from having your funds stolen. In other words, it works just like a traditional ATM. Therefore, it can be said that you have about 30 seconds from the last time you clicked on the touch screen to withdraw at Bitcoin ATM . Don't worry though - you won't lose your funds this way.

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commission for miners set on screen Bitcoin ATM — A low set fee for miners can significantly delay your transaction. In the case of extremely low fees, you will have to wait more than 24 hours or even be forced to use tools to speed up the transaction.

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Once the transaction is confirmed on the blockchain network, you can collect the cash. This usually happens in 20 minutes to an hour, and the waiting time depends on the traffic on the blockchain network and the fee set for miners. All bitcoin operators charge a fee for using a bitcoin ATM to buy or sell bitcoin.

Interestingly, the length of the transaction is also affected by the number of confirmations needed online. Bitcoin ATMs in Poland, which offer 6 confirmations are the safest despite the fact that the transfer can take up to an hour.

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Bitcoin ATMs - opening hours in the city of Warsaw

For information on opening hours in Warsaw, see the dedicated article on Opening Hours Bitcoin ATMs in Warsaw. The map Bitcoin ATMs located there allows you to compare opening hours at a glance, because instead of addresses, the map legend shows the opening hours. This allows for an efficient comparison and a quick overview without having to click through multiple tabs and pages.