How does Fidelity handle withdrawal limits for digital currencies at their ATMs?

3 answers

• Sergey AndreenkoAug 13, 2021 · 4 years ago
  Fidelity has implemented withdrawal limits for digital currencies at their ATMs to ensure the security of customer funds. The specific limits may vary depending on the cryptocurrency. For example, the daily withdrawal limit for Bitcoin is $10,000, while for Ethereum it is $5,000. These limits are in place to prevent unauthorized access to large amounts of digital currencies and to mitigate the risk of theft. It's important to note that these limits are subject to change and may be adjusted based on market conditions and regulatory requirements. Fidelity takes the security of customer funds seriously and continuously evaluates and updates their withdrawal limits to provide a safe and secure experience for their customers.
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• McClure FlynnMay 07, 2021 · 4 years ago
  When it comes to withdrawal limits for digital currencies at Fidelity ATMs, they have set specific limits to ensure the safety of customer assets. The limits vary depending on the type of cryptocurrency being withdrawn. For instance, the daily withdrawal limit for Bitcoin is $10,000, while for Ethereum it is $5,000. These limits are designed to prevent unauthorized access to large amounts of digital currencies and to protect against potential security breaches. It's worth noting that these limits are subject to change and may be adjusted based on market conditions and regulatory requirements. Fidelity prioritizes the security and protection of customer funds and regularly reviews and updates their withdrawal limits to maintain a secure environment for their users.
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• Aryan RawatDec 04, 2022 · 3 years ago
  Fidelity, like many other reputable financial institutions, has implemented withdrawal limits for digital currencies at their ATMs. These limits are in place to ensure the security of customer funds and to prevent unauthorized access to large amounts of digital currencies. The specific limits may vary depending on the cryptocurrency being withdrawn. For example, the daily withdrawal limit for Bitcoin is $10,000, while for Ethereum it is $5,000. These limits are subject to change and are regularly reviewed and updated by Fidelity to align with market conditions and regulatory requirements. By setting withdrawal limits, Fidelity aims to provide a secure and reliable platform for customers to access their digital assets.
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