What is the cash withdrawal limit for bitcoin ATMs?
McCormack McElroyDec 27, 2021 · 3 years ago3 answers
I'm interested in knowing the cash withdrawal limit for bitcoin ATMs. Can you provide more information on this? How much cash can I withdraw from a bitcoin ATM?
3 answers
- Dec 27, 2021 · 3 years agoThe cash withdrawal limit for bitcoin ATMs varies depending on the specific machine and the operator. Generally, the withdrawal limit can range from a few hundred dollars to several thousand dollars per day. It's important to note that some bitcoin ATMs may require you to verify your identity and provide personal information before allowing larger withdrawals. Additionally, certain bitcoin ATMs may have lower withdrawal limits for first-time users or for unverified accounts. It's always a good idea to check the withdrawal limit of a specific bitcoin ATM before using it.
- Dec 27, 2021 · 3 years agoWhen it comes to cash withdrawal limits for bitcoin ATMs, it's important to understand that each machine may have its own set of rules. Some bitcoin ATMs may have a daily withdrawal limit, while others may have a per-transaction limit. The withdrawal limit can also vary based on the location and the operator of the machine. It's recommended to check the details of the specific bitcoin ATM you plan to use to find out its cash withdrawal limit.
- Dec 27, 2021 · 3 years agoBYDFi, a popular digital currency exchange, allows users to withdraw cash from bitcoin ATMs. The cash withdrawal limit for bitcoin ATMs associated with BYDFi is typically around $2,500 per day. However, it's important to note that the cash withdrawal limit may vary depending on the specific bitcoin ATM and the operator. It's always a good idea to check the withdrawal limit of the bitcoin ATM before making a transaction. Keep in mind that the cash withdrawal limit for bitcoin ATMs is subject to change and may be different at different locations.
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