Can I use my Robinhood debit card to withdraw cash from cryptocurrency ATMs, and if yes, what are the fees and limits?
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I have a Robinhood debit card and I'm wondering if I can use it to withdraw cash from cryptocurrency ATMs. Are there any fees or limits associated with this? How does the process work?
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3 answers
- Yes, you can use your Robinhood debit card to withdraw cash from cryptocurrency ATMs. However, it's important to note that not all ATMs support cryptocurrency withdrawals. You'll need to find an ATM that specifically offers this service. As for fees and limits, they can vary depending on the ATM operator. Some ATMs may charge a flat fee for each withdrawal, while others may charge a percentage of the transaction amount. Additionally, there may be daily or monthly withdrawal limits imposed by the ATM operator. It's best to check with the specific ATM you plan to use for more information.
Feb 18, 2022 · 3 years ago
- Absolutely! Robinhood debit card holders can indeed withdraw cash from cryptocurrency ATMs. However, it's crucial to keep in mind that not all ATMs support this feature. You'll need to find an ATM that explicitly states it accepts Robinhood debit cards. When it comes to fees and limits, they can differ from one ATM to another. Some ATMs may charge a fixed fee for each withdrawal, while others may charge a percentage of the transaction amount. Additionally, there might be daily or monthly limits on the amount you can withdraw. It's advisable to check with the ATM operator for precise details.
Feb 18, 2022 · 3 years ago
- Yes, you can use your Robinhood debit card to withdraw cash from cryptocurrency ATMs. However, it's important to note that Robinhood itself doesn't operate these ATMs. The availability of cryptocurrency withdrawal services may vary depending on the ATM you choose. Fees and limits can also differ between ATMs. Some ATMs may charge a flat fee or a percentage of the transaction amount, while others may have daily or monthly withdrawal limits. It's recommended to check with the specific ATM operator for accurate information on fees and limits.
Feb 18, 2022 · 3 years ago
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