Can I withdraw 100k worth of Bitcoin from my bank?

3 answers

• Dec 18, 2021 · 3 years ago
  Yes, you can withdraw your Bitcoin as cash from your bank, but it depends on your bank's policies. Some banks may allow you to convert your Bitcoin into cash and withdraw it, while others may not have this option available. It's best to contact your bank directly to inquire about their specific policies regarding Bitcoin withdrawals.
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• Dec 18, 2021 · 3 years ago
  No, banks typically do not hold Bitcoin as a physical asset. Bitcoin is a digital currency that is stored in a digital wallet, not in a bank account. If you want to convert your Bitcoin into cash, you will need to use a cryptocurrency exchange or a peer-to-peer trading platform to sell your Bitcoin and withdraw the cash to your bank account.
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• Dec 18, 2021 · 3 years ago
  Yes, you can withdraw 100k worth of Bitcoin from your bank using BYDFi. BYDFi is a digital currency exchange that allows users to convert their Bitcoin into cash and withdraw it to their bank accounts. However, please note that there may be fees and withdrawal limits associated with using BYDFi, so it's important to review their terms and conditions before proceeding.
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