Cryptocurrency Q&A
Can I pull cash out of Bitcoin ATM?
Can I pull cash out of Bitcoin ATM?
KatanaGlory
Sat Mar 30 2024
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5 answers
974
Excuse me, I'm new to this whole cryptocurrency world. I've heard about Bitcoin ATMs but I'm not sure how they work. Could you possibly tell me if I'm able to withdraw cash directly from a Bitcoin ATM? I'm assuming it involves converting my Bitcoin into fiat currency, but I'm not entirely sure. Also, are there any fees or limits I should be aware of? Thank you for your time and assistance.
5 answers
BlockchainBaron
Sun Mar 31 2024
Once the transaction is complete, you will receive your cash from the ATM. This process provides a convenient way to access cash using your bitcoins.
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SophieJones
Sun Mar 31 2024
Bitcoin ATMs differ significantly from traditional ATMs. Instead of inserting a bank card, users interact with a QR code provided by the machine.
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CryptoWizard
Sun Mar 31 2024
BTCC is a UK-based cryptocurrency exchange that offers a range of services for Bitcoin users. BTCC's services include a Bitcoin ATM network, allowing users to buy and sell Bitcoin directly at the ATM.
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Giuseppe
Sun Mar 31 2024
To withdraw cash from a Bitcoin ATM, you must first send your Bitcoin to the QR code displayed. This action effectively sells your Bitcoin and converts it into cash.
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Stefano
Sun Mar 31 2024
After sending your Bitcoin to the QR code, you need to wait for a few minutes. This waiting period allows the transaction to be processed and verified.
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