common-close-0
BYDFi
Trade wherever you are!

What are the transaction limits for cash withdrawals at Bitcoin ATMs?

avatarMou JustinDec 26, 2021 · 3 years ago3 answers

Can you please provide more information about the transaction limits for cash withdrawals at Bitcoin ATMs? I would like to know the maximum amount of cash that can be withdrawn in a single transaction and if there are any daily or monthly limits in place.

What are the transaction limits for cash withdrawals at Bitcoin ATMs?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    The transaction limits for cash withdrawals at Bitcoin ATMs can vary depending on the specific ATM and its operator. Generally, the maximum amount of cash that can be withdrawn in a single transaction ranges from $1,000 to $10,000. However, it's important to note that some ATMs may have lower limits, especially if they are located in areas with stricter regulations. Additionally, there may also be daily or monthly limits imposed by the ATM operator or the Bitcoin ATM network. It's always a good idea to check the specific limits of the ATM you plan to use before making a withdrawal.
  • avatarDec 26, 2021 · 3 years ago
    When it comes to cash withdrawals at Bitcoin ATMs, the transaction limits can be quite flexible. Most ATMs allow you to withdraw up to a certain amount of cash in a single transaction, typically ranging from $1,000 to $10,000. However, some ATMs may have lower limits, especially if they are located in areas with stricter regulations. Additionally, there may also be daily or monthly limits in place to prevent money laundering or other illegal activities. It's important to note that these limits can vary depending on the ATM operator and the specific regulations in your country or region. To find out the transaction limits for cash withdrawals at a Bitcoin ATM near you, it's best to check the operator's website or contact their customer support.
  • avatarDec 26, 2021 · 3 years ago
    At BYDFi, we strive to provide our users with a seamless and secure trading experience. When it comes to cash withdrawals at Bitcoin ATMs, the transaction limits can vary depending on the specific ATM and its operator. Generally, the maximum amount of cash that can be withdrawn in a single transaction ranges from $1,000 to $10,000. However, it's important to note that some ATMs may have lower limits, especially if they are located in areas with stricter regulations. Additionally, there may also be daily or monthly limits imposed by the ATM operator or the Bitcoin ATM network. It's always a good idea to check the specific limits of the ATM you plan to use before making a withdrawal. If you have any further questions or need assistance, feel free to reach out to our customer support team.