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TagsHow can I increase the buy limit on a bitcoin ATM?
Gregory JohnDec 20, 2021 · 3 years ago3 answersI recently tried to buy bitcoin from a bitcoin ATM, but I found that there was a buy limit. Is there any way to increase the buy limit on a bitcoin ATM?
3 answers
- Unfortunately, the buy limit on a bitcoin ATM is usually set by the operator and cannot be increased. The buy limit is in place to comply with regulations and prevent money laundering. If you need to buy a larger amount of bitcoin, you may want to consider using a cryptocurrency exchange where you can buy bitcoin with higher limits.Dec 20, 2021 · 3 years ago
- Increasing the buy limit on a bitcoin ATM is not something that can be done by the user. The buy limit is determined by the operator of the ATM and is usually set to comply with local regulations. If you need to buy a larger amount of bitcoin, you may want to explore other options such as using a cryptocurrency exchange.Dec 20, 2021 · 3 years ago
- While I can't speak for all bitcoin ATMs, at BYDFi, we offer higher buy limits compared to many other bitcoin ATMs. Our buy limits are set based on customer demand and regulatory requirements. If you're looking to buy a larger amount of bitcoin, you may want to consider using BYDFi as an alternative to traditional bitcoin ATMs.Dec 20, 2021 · 3 years ago
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