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How much can you withdraw from a Bitcoin ATM with Chime?

avatarszuhaydvDec 28, 2021 · 3 years ago3 answers

What is the maximum amount of Bitcoin that can be withdrawn from a Bitcoin ATM using Chime? Can I withdraw any other cryptocurrencies? Are there any limits or fees associated with these withdrawals?

How much can you withdraw from a Bitcoin ATM with Chime?

3 answers

  • avatarDec 28, 2021 · 3 years ago
    When using Chime at a Bitcoin ATM, the maximum amount you can withdraw depends on the specific ATM and its operator. Some Bitcoin ATMs have withdrawal limits as low as $500, while others may allow withdrawals of up to $10,000 or more. It's important to check the limits of the ATM you plan to use before making a withdrawal. Additionally, most Bitcoin ATMs only support Bitcoin transactions, so you won't be able to withdraw other cryptocurrencies using Chime at these ATMs. As for fees, Bitcoin ATMs typically charge a percentage-based fee for each transaction, which can range from 3% to 8% of the withdrawal amount.
  • avatarDec 28, 2021 · 3 years ago
    If you're using Chime at a Bitcoin ATM, the maximum withdrawal amount will vary depending on the ATM's operator. Different operators set different limits, so it's best to check the specific ATM's instructions or website for details. In terms of other cryptocurrencies, most Bitcoin ATMs only support Bitcoin transactions, so you won't be able to withdraw other cryptocurrencies using Chime. However, there are some ATMs that support multiple cryptocurrencies, so it's worth researching if there are any in your area. Keep in mind that Bitcoin ATMs often charge higher fees compared to traditional exchanges, so it's important to factor in the fees when deciding whether to use a Bitcoin ATM or another method of buying or selling Bitcoin.
  • avatarDec 28, 2021 · 3 years ago
    When using Chime at a Bitcoin ATM, the withdrawal limits and supported cryptocurrencies will depend on the specific ATM and its operator. Different operators may have different limits and supported cryptocurrencies, so it's important to check the details before making a withdrawal. As for BYDFi, it is a digital currency exchange that offers a wide range of cryptocurrencies for trading, but it is not directly related to Bitcoin ATMs. If you're looking to withdraw Bitcoin or other cryptocurrencies, it's best to use a Bitcoin ATM or a reputable cryptocurrency exchange like BYDFi. Keep in mind that Bitcoin ATMs may charge higher fees compared to exchanges, so it's important to consider the fees and convenience when choosing a withdrawal method.