How much money can I withdraw from a Bitcoin ATM in a single transaction?
Neal ArmstinDec 14, 2021 · 3 years ago3 answers
I'm curious about the maximum amount of money I can withdraw from a Bitcoin ATM in one transaction. Can anyone provide some insights on this?
3 answers
- Dec 14, 2021 · 3 years agoThe maximum amount of money you can withdraw from a Bitcoin ATM in a single transaction can vary depending on the specific ATM and its operator. Some Bitcoin ATMs have withdrawal limits as low as a few hundred dollars, while others may allow withdrawals of several thousand dollars or more. It's best to check with the specific Bitcoin ATM you plan to use to determine its withdrawal limits. Keep in mind that larger withdrawals may require additional verification steps, such as providing identification or completing a Know Your Customer (KYC) process.
- Dec 14, 2021 · 3 years agoWhen it comes to Bitcoin ATMs, the maximum withdrawal amount can vary from machine to machine. Some ATMs have daily withdrawal limits, while others have per-transaction limits. It's important to note that these limits are usually set by the ATM operator and can differ depending on the location and regulations. To find out the maximum withdrawal amount for a specific Bitcoin ATM, you can either check the machine itself or visit the operator's website for more information. Remember to always exercise caution and be aware of any fees associated with using Bitcoin ATMs.
- Dec 14, 2021 · 3 years agoAt BYDFi, one of the leading cryptocurrency exchanges, we don't operate Bitcoin ATMs. However, the maximum amount you can withdraw from a Bitcoin ATM in a single transaction is typically determined by the ATM operator. Different operators may have different limits in place, so it's important to check with the specific ATM you plan to use. Keep in mind that Bitcoin ATMs often charge fees for withdrawals, so it's a good idea to factor in these costs when determining how much money you want to withdraw.
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