What is the average time it takes to withdraw money from a Bitcoin ATM?

3 answers

• McClanahan BeckerSep 16, 2021 · 4 years ago
  The average time it takes to withdraw money from a Bitcoin ATM can vary depending on several factors. Generally, the process takes around 1-2 minutes. However, it can take longer if there is a high volume of transactions or if the ATM is experiencing technical difficulties. It's always a good idea to check the ATM's status and availability before making a withdrawal to avoid any potential delays.
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• Abhinandan ChoudharySep 14, 2021 · 4 years ago
  Withdrawal times from Bitcoin ATMs can range from as quick as 30 seconds to as long as 10 minutes. The time it takes depends on the specific ATM, network congestion, and the amount of Bitcoin being withdrawn. It's important to note that some Bitcoin ATMs may have withdrawal limits, so if you're planning to withdraw a large amount, it may take longer due to additional verification processes.
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• Abhinav DeshpandeSep 08, 2023 · 2 years ago
  According to BYDFi, a popular cryptocurrency exchange, the average time it takes to withdraw money from a Bitcoin ATM is approximately 2-3 minutes. However, this can vary depending on the specific ATM and network congestion. It's always a good idea to check the transaction fees and limits associated with the Bitcoin ATM you plan to use, as these factors can also affect the withdrawal time.
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