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Are there any limitations on the maximum withdrawal amount of digital currencies from ATMs?

avatarmxkooDec 16, 2021 · 3 years ago3 answers

Is there a maximum limit on how much digital currency I can withdraw from an ATM?

Are there any limitations on the maximum withdrawal amount of digital currencies from ATMs?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    Yes, there are limitations on the maximum withdrawal amount of digital currencies from ATMs. The specific limit may vary depending on the ATM and the digital currency being withdrawn. Some ATMs may have a daily withdrawal limit, while others may have a per-transaction limit. It's important to check with the ATM provider or your digital currency exchange for the exact limitations.
  • avatarDec 16, 2021 · 3 years ago
    Absolutely! Just like with traditional currency, there are limits on how much digital currency you can withdraw from ATMs. These limits are usually put in place to prevent money laundering and ensure the security of the ATM network. The specific limit may vary depending on the ATM and the digital currency you're withdrawing. It's always a good idea to check with the ATM provider or your digital currency exchange for the current withdrawal limits.
  • avatarDec 16, 2021 · 3 years ago
    Yes, there are limitations on the maximum withdrawal amount of digital currencies from ATMs. At BYDFi, for example, the maximum withdrawal limit for digital currencies is $10,000 per transaction. However, please note that different ATMs and digital currency exchanges may have different limits in place. It's always a good idea to check with your specific ATM or exchange for the most accurate information.