What is the maximum sending limit for bitcoin ATMs?

3 answers

• Feb 18, 2022 · 3 years ago
  The maximum sending limit for bitcoin ATMs can vary depending on the specific machine and the operator. Some ATMs may have a daily limit of $10,000 or equivalent in bitcoin, while others may have a higher limit of $20,000 or more. It's important to note that these limits are usually in place to comply with anti-money laundering regulations and to prevent fraudulent activities. If you need to send a larger amount of bitcoin, you may need to use a different method, such as a cryptocurrency exchange or a peer-to-peer transaction.
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• Feb 18, 2022 · 3 years ago
  When it comes to the maximum sending limit for bitcoin ATMs, it's important to consider the specific machine you're using. Different ATMs may have different limits, so it's always a good idea to check with the operator or the ATM's user manual for the most up-to-date information. Additionally, keep in mind that some ATMs may require you to verify your identity before you can send larger amounts of bitcoin. This is done to comply with Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations.
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• Feb 18, 2022 · 3 years ago
  At BYDFi, one of the leading cryptocurrency exchanges, we don't have direct control over the maximum sending limit for bitcoin ATMs. However, it's worth noting that ATMs are typically operated by third-party companies and their limits may vary. If you're looking to send a large amount of bitcoin, it may be more convenient to use a cryptocurrency exchange like BYDFi, where you can enjoy higher limits and additional features such as advanced trading tools and security measures.
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