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Are there any limits on the amount of bitcoin I can buy or sell at a bitcoin depot's bitcoin ATM?

avatarhefthallah abuzaidDec 26, 2021 · 3 years ago3 answers

I'm interested in using a bitcoin depot's bitcoin ATM to buy or sell bitcoin, but I'm wondering if there are any limits on the amount I can transact. Are there any restrictions on the maximum or minimum amount of bitcoin I can buy or sell at a bitcoin depot's bitcoin ATM?

Are there any limits on the amount of bitcoin I can buy or sell at a bitcoin depot's bitcoin ATM?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    Yes, there are usually limits on the amount of bitcoin you can buy or sell at a bitcoin depot's bitcoin ATM. These limits can vary depending on the specific ATM and the operator. Some ATMs may have a maximum limit on the amount of bitcoin you can buy or sell in a single transaction, while others may have a daily or monthly limit. It's best to check with the bitcoin depot or the ATM operator to find out the specific limits before making a transaction.
  • avatarDec 26, 2021 · 3 years ago
    Absolutely! Bitcoin depot's bitcoin ATMs typically have limits on the amount of bitcoin you can buy or sell. These limits are in place to comply with regulations and prevent money laundering. The limits can vary from ATM to ATM, so it's important to check the details before making a transaction. You can usually find the limits displayed on the ATM screen or on the bitcoin depot's website.
  • avatarDec 26, 2021 · 3 years ago
    Yes, there are limits on the amount of bitcoin you can buy or sell at a bitcoin depot's bitcoin ATM. At BYDFi, for example, the maximum limit for buying bitcoin is $10,000 per transaction. However, there is no minimum limit, so you can buy any amount of bitcoin as long as it's within the maximum limit. It's important to note that these limits may change over time, so it's always a good idea to check the latest information before making a transaction.