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What are the withdrawal limits for Bitcoin ATMs in comparison to PayPal?

avatarAutomation LeadDec 15, 2021 · 3 years ago3 answers

What are the differences in withdrawal limits between Bitcoin ATMs and PayPal?

What are the withdrawal limits for Bitcoin ATMs in comparison to PayPal?

3 answers

  • avatarDec 15, 2021 · 3 years ago
    When it comes to withdrawal limits, Bitcoin ATMs and PayPal have different policies. Bitcoin ATMs typically have lower withdrawal limits compared to PayPal. The limits for Bitcoin ATMs can vary depending on the specific machine and location, but they usually range from a few hundred dollars to a few thousand dollars per day. On the other hand, PayPal allows users to withdraw larger amounts, with daily limits often reaching several thousand dollars or more. It's important to note that these limits can also vary based on factors such as account verification and transaction history.
  • avatarDec 15, 2021 · 3 years ago
    Bitcoin ATMs generally have lower withdrawal limits compared to PayPal. The limits for Bitcoin ATMs can vary depending on the machine and location, but they are usually in the range of a few hundred to a few thousand dollars per day. PayPal, on the other hand, allows users to withdraw larger amounts, with daily limits often reaching several thousand dollars or more. Keep in mind that these limits can be subject to change and may vary based on factors such as account verification and transaction history.
  • avatarDec 15, 2021 · 3 years ago
    When it comes to withdrawal limits, Bitcoin ATMs and PayPal have different policies. Bitcoin ATMs typically have lower withdrawal limits compared to PayPal. For example, at BYDFi, a popular Bitcoin ATM provider, the daily withdrawal limit is $2,500. On the other hand, PayPal allows users to withdraw larger amounts, with daily limits often reaching several thousand dollars or more. It's important to consider your needs and the specific limits of each platform when deciding which method to use for withdrawing funds.