Can I deposit cash into my digital currency wallet using an ATM?

3 answers

• Dec 06, 2021 · 3 years ago
  Unfortunately, it is not currently possible to deposit physical cash directly into a digital currency wallet using an ATM. ATMs that allow you to buy cryptocurrencies usually require you to have a digital wallet address beforehand. You can use the ATM to convert your cash into a supported cryptocurrency, and then transfer it to your wallet using your wallet address. However, the process of converting cash to cryptocurrency at an ATM may involve additional fees and may not be available at all ATMs.
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• Dec 06, 2021 · 3 years ago
  No, you cannot deposit cash into your digital currency wallet using an ATM. ATMs are primarily designed for withdrawing cash from your bank account. While some ATMs offer the option to buy cryptocurrencies, they usually require you to have a digital wallet address to receive the purchased coins. If you want to deposit cash into your digital currency wallet, you may need to use alternative methods such as peer-to-peer exchanges or depositing cash into a bank account and then transferring it to your wallet.
  510170
• Dec 06, 2021 · 3 years ago
  As of now, BYDFi does not support cash deposits into digital currency wallets using ATMs. However, you can still use BYDFi to buy cryptocurrencies using cash by depositing the cash into your BYDFi account through bank transfer or other supported payment methods. Once the cash is in your BYDFi account, you can then use it to buy cryptocurrencies and store them in your digital wallet. Keep in mind that BYDFi may have certain restrictions or requirements for cash deposits, so it's always best to check their official website or contact their customer support for the most accurate and up-to-date information.
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