Cryptocurrency Q&A
How much can a Bitcoin ATM send in a day?
How much can a Bitcoin ATM send in a day?
Rosalia
Sun Jun 02 2024
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5 answers
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Could you please elaborate on the daily transaction limit of a Bitcoin ATM? I'm curious to know how much Bitcoin can be sent through such a machine within a 24-hour period. Are there any specific regulations or constraints that govern these transactions? Also, does the limit vary depending on the location or operator of the ATM? I'm interested in understanding the practical limitations and possibilities of using a Bitcoin ATM for larger transactions. Thank you for your assistance in clarifying this matter.
5 answers
Elena
Tue Jun 04 2024
Cryptocurrency transactions often involve minimum and maximum limits, depending on various factors. For Hermes Bitcoin ATMs, the minimum transaction amount generally starts at $20, allowing users to conduct small transactions with ease.
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Valentino
Tue Jun 04 2024
However, these machines also have withdrawal limits to ensure the security and stability of the system. The maximum amount that can be withdrawn from an Hermes Bitcoin ATM per day is set at $10,000.
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ethan_lewis_journalist
Tue Jun 04 2024
This limit allows users to withdraw significant sums of money while still maintaining the integrity of the network. It also discourages potential fraudulent activities by limiting the amount that can be withdrawn in a single day.
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GyeongjuGrace
Mon Jun 03 2024
BTCC, a UK-based cryptocurrency exchange, offers a range of services tailored to the needs of crypto enthusiasts. These services include spot trading, futures trading, and wallet management.
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MysticInfinity
Mon Jun 03 2024
With spot trading, users can buy and sell cryptocurrencies at current market prices, providing instant liquidity. Futures trading allows investors to speculate on future prices, offering opportunities for leveraged profits.
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