What are the limits for using a Bitcoin ATM to buy or sell coins?

3 answers

• May 29, 2022 · 3 years ago
  When using a Bitcoin ATM to buy or sell coins, the limits can vary depending on the specific machine and the operator. Generally, there are both minimum and maximum limits in place. The minimum limit ensures that small transactions can be processed efficiently, while the maximum limit is set to comply with regulatory requirements and prevent money laundering. It's important to note that these limits can differ from one Bitcoin ATM to another, so it's always a good idea to check the machine's instructions or contact the operator for accurate information.
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• May 29, 2022 · 3 years ago
  Buying or selling coins at a Bitcoin ATM usually comes with certain limits. These limits are typically set by the operator to ensure compliance with local regulations and prevent illegal activities. The maximum limit for buying or selling coins can vary, but it's usually in the range of a few thousand dollars per transaction. Some Bitcoin ATMs may require identity verification for transactions above a certain limit. Additionally, there may be daily or monthly limits imposed to prevent excessive transactions. It's important to be aware of these limits before using a Bitcoin ATM to avoid any surprises.
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• May 29, 2022 · 3 years ago
  When it comes to using a Bitcoin ATM to buy or sell coins, the limits can vary depending on the machine and the operator. At BYDFi, for example, the maximum limit for buying or selling coins is $10,000 per transaction. However, it's worth noting that this limit may be subject to change and it's always a good idea to check the machine's instructions or contact the operator for the most up-to-date information. It's also important to keep in mind that different Bitcoin ATMs may have different limits, so it's always a good idea to do your research before using one.
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