common-close-0
BYDFi
Trade wherever you are!

Is it possible to withdraw cash from a Bitcoin ATM using a digital wallet?

avatarfridgekidoDec 26, 2021 · 3 years ago3 answers

Can I use my digital wallet to withdraw cash from a Bitcoin ATM?

Is it possible to withdraw cash from a Bitcoin ATM using a digital wallet?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    Yes, it is possible to withdraw cash from a Bitcoin ATM using a digital wallet. When you approach a Bitcoin ATM, you can select the option to withdraw cash. The ATM will generate a QR code that you can scan with your digital wallet app. Once the transaction is confirmed, the ATM will dispense the requested amount of cash.
  • avatarDec 26, 2021 · 3 years ago
    Absolutely! Bitcoin ATMs are designed to provide users with the ability to convert their Bitcoin into physical cash. By using your digital wallet, you can easily initiate a withdrawal transaction at a Bitcoin ATM. Simply follow the instructions on the screen, scan the QR code with your wallet app, and the ATM will dispense the cash.
  • avatarDec 26, 2021 · 3 years ago
    Yes, you can withdraw cash from a Bitcoin ATM using a digital wallet. Simply locate a Bitcoin ATM near you, insert the necessary identification, and choose the option to withdraw cash. Follow the on-screen instructions, scan the QR code with your digital wallet, and the ATM will dispense the cash. It's a convenient way to convert your Bitcoin into physical currency.