What are the limits for cash withdrawals at bitcoin ATMs?

3 answers

• Nov 27, 2021 · 3 years ago
  The limits for cash withdrawals at bitcoin ATMs vary depending on the specific machine and the operator. Generally, the maximum amount that can be withdrawn in a single transaction ranges from $1,000 to $10,000. However, some machines may have lower limits, such as $500 or $200. It's important to note that these limits are usually set to comply with anti-money laundering regulations and to ensure the security of the ATM. Additionally, some bitcoin ATMs may require users to provide identification and go through a verification process for larger withdrawals.
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• Nov 27, 2021 · 3 years ago
  When it comes to cash withdrawals at bitcoin ATMs, the limits can be quite flexible. Some machines allow users to withdraw up to $10,000 in a single transaction, while others have lower limits. It's always a good idea to check the specific limits of the bitcoin ATM you plan to use before making a withdrawal. Keep in mind that these limits may change over time as regulations and security measures evolve. If you need to withdraw a larger amount of cash, you may need to use multiple transactions or find a bitcoin ATM with higher withdrawal limits.
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• Nov 27, 2021 · 3 years ago
  At BYDFi, one of the leading digital currency exchanges, we understand the importance of providing our users with convenient and secure access to their funds. While we don't operate bitcoin ATMs ourselves, we recommend checking the limits for cash withdrawals at bitcoin ATMs in your area. These limits can vary depending on the machine and the operator, so it's always a good idea to do your research before making a withdrawal. Remember to follow the instructions provided by the ATM and ensure the security of your transactions.
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