Are there any limitations on the amount of cash I can withdraw from a bitcoin ATM near me?

3 answers

• ricardo torresMay 02, 2023 · 2 years ago
  When it comes to withdrawing cash from a bitcoin ATM near you, there may be limitations depending on the specific machine you use. Some bitcoin ATMs have daily withdrawal limits, which means you can only withdraw a certain amount of cash within a 24-hour period. These limits are usually set by the operator of the machine and can vary. It's best to check the specific ATM's website or contact the operator directly to find out the exact limitations on cash withdrawals.
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• alexfrnnApr 20, 2024 · a year ago
  Yes, there are usually limitations on the amount of cash you can withdraw from a bitcoin ATM near you. These limitations are in place to comply with regulations and prevent money laundering. The exact limits can vary depending on the machine and the operator. It's important to note that these limits are often lower compared to traditional ATMs. If you're planning to withdraw a large amount of cash, it's recommended to check the limits beforehand to avoid any inconvenience.
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• Nisitha LakshanMay 28, 2023 · 2 years ago
  As an expert in the field, I can confirm that there are limitations on the amount of cash you can withdraw from a bitcoin ATM near you. These limitations are typically set by the operator of the machine and can vary. Some ATMs may have daily limits, while others may have monthly limits. It's important to check the specific ATM's website or contact the operator to find out the exact limitations. Additionally, keep in mind that these limits are in place to ensure compliance with regulations and prevent illegal activities.
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