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Is there a limit on the amount of Bitcoin I can withdraw from an ATM?

avatarjezdic paladinsDec 27, 2021 · 3 years ago3 answers

I'm wondering if there are any restrictions on the maximum amount of Bitcoin that can be withdrawn from an ATM. Is there a limit on the withdrawal amount? How much Bitcoin can I withdraw from an ATM at once?

Is there a limit on the amount of Bitcoin I can withdraw from an ATM?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    Yes, there is usually a limit on the amount of Bitcoin you can withdraw from an ATM. The limit can vary depending on the specific ATM and the operator. Some ATMs may have a daily withdrawal limit, while others may have a per transaction limit. It's best to check with the ATM operator or the machine itself to find out the exact limit. Keep in mind that these limits are in place to ensure the security of the ATM and to prevent money laundering or other illegal activities.
  • avatarDec 27, 2021 · 3 years ago
    Absolutely! Just like traditional ATMs, Bitcoin ATMs also have withdrawal limits. The limits can vary from one machine to another and are usually set by the operator. It's important to note that these limits are in place to comply with regulations and prevent fraud. So, before heading to an ATM to withdraw Bitcoin, make sure you're aware of the withdrawal limit to avoid any surprises. Happy withdrawing!
  • avatarDec 27, 2021 · 3 years ago
    Yes, there are limits on the amount of Bitcoin you can withdraw from an ATM. The specific limit depends on the ATM operator and the machine itself. Some ATMs may have a daily limit of, let's say, $10,000 worth of Bitcoin, while others may have a per transaction limit of $2,000 worth of Bitcoin. It's always a good idea to check the limits before making a withdrawal. If you're looking for a Bitcoin ATM with higher limits, BYDFi offers ATMs with higher withdrawal limits compared to many other operators. You can find more information on their website.