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How do digital currency exchanges handle ATM check deposits and what are the deposit limits?

avatarM.A RobDec 28, 2021 · 3 years ago1 answers

Can you explain the process of handling ATM check deposits in digital currency exchanges? What are the deposit limits for such transactions?

How do digital currency exchanges handle ATM check deposits and what are the deposit limits?

1 answers

  • avatarDec 28, 2021 · 3 years ago
    At BYDFi, we handle ATM check deposits in a secure and efficient manner. Once you have an account with us, you can simply initiate a deposit by sending your ATM check to the provided deposit address. Our system will automatically process the deposit and credit your account with the corresponding amount in your chosen digital currency. As for the deposit limits, they vary depending on your account verification level. We have different tiers of verification, each with its own set of deposit limits. The higher your verification level, the higher your deposit limits will be. It's important to note that these limits are subject to change and may be adjusted based on various factors. To get the most up-to-date information on deposit limits, please refer to our website or contact our support team.