How long does it usually take to receive cash from a Bitcoin ATM withdrawal?
Ash GirDec 26, 2021 · 3 years ago3 answers
Can you tell me the average time it takes to receive cash after making a withdrawal from a Bitcoin ATM?
3 answers
- Dec 26, 2021 · 3 years agoThe average time it takes to receive cash from a Bitcoin ATM withdrawal can vary depending on several factors. Generally, it takes around 10 to 30 minutes for the transaction to be confirmed on the blockchain. Once the transaction is confirmed, you can usually receive the cash instantly from the ATM. However, in some cases, it may take longer if there are network congestion or technical issues with the ATM.
- Dec 26, 2021 · 3 years agoWhen you make a Bitcoin ATM withdrawal, the time it takes to receive cash can be influenced by the transaction fee you choose to pay. If you choose a higher fee, your transaction will be prioritized by miners and confirmed faster, resulting in quicker cash withdrawal. On the other hand, if you choose a lower fee, it may take longer for your transaction to be confirmed and for you to receive the cash.
- Dec 26, 2021 · 3 years agoAt BYDFi, the average time it takes to receive cash from a Bitcoin ATM withdrawal is approximately 15 minutes. Our ATMs are connected to a reliable network and have a fast confirmation process. However, please note that the actual time may vary depending on the network conditions and the specific Bitcoin ATM you use.
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