common-close-0
BYDFi
Trade wherever you are!

How does cardless cash work with digital currencies?

avatarSubawooDec 15, 2021 · 3 years ago3 answers

Can you explain how cardless cash works with digital currencies? I'm curious about the process and how it differs from traditional cash withdrawals.

How does cardless cash work with digital currencies?

3 answers

  • avatarDec 15, 2021 · 3 years ago
    Cardless cash with digital currencies allows you to withdraw cash from your digital currency wallet without the need for a physical card. The process involves linking your digital currency wallet to a cardless cash service, which generates a unique code that you can use to withdraw cash from an ATM. This code is usually valid for a limited time and can only be used once. It's a convenient way to access your digital currency funds in physical form.
  • avatarDec 15, 2021 · 3 years ago
    When you use cardless cash with digital currencies, you don't need to carry a physical card with you. Instead, you can initiate a cash withdrawal from your digital currency wallet through a mobile app or online platform. The app will generate a code that you can use at a participating ATM to withdraw cash. It's a secure and convenient way to access your digital currency funds when you need physical cash.
  • avatarDec 15, 2021 · 3 years ago
    With BYDFi, a leading digital currency exchange, cardless cash works by linking your digital currency wallet to their cardless cash service. Once linked, you can initiate a cash withdrawal through the BYDFi mobile app. The app generates a unique code that you can use at a supported ATM to withdraw cash. It's a seamless process that allows you to easily convert your digital currency into physical cash.