Why does bitcoin depot set limits for purchases?
Can you explain why Bitcoin Depot imposes limitations on purchases? Is it to manage risk, ensure liquidity, or comply with regulatory requirements? How do these limits impact traders and investors looking to buy or sell Bitcoin on the platform? Does Bitcoin Depot regularly review and adjust these limits, and if so, what factors influence these decisions? Understanding the reasoning behind these limitations is crucial for anyone navigating the cryptocurrency market.
How much money can you put in Bitcoin ATM?|Bitcoin ATM Limits by Operator But that means it affects the amount you can purchase per transaction, and sometimes per day. Minimum purchase amounts vary, but they're typically around $20. Bitcoin Depot ATMs require a $20 minimum. The limits max out somewhere .between $3,000 and $15,000 per day
Could you elaborate on the varying limits for Bitcoin ATM transactions? I'm curious to know how much money one can potentially deposit in a single transaction and what the daily caps are. Additionally, are there any specific operators that have lower or higher limits compared to others? I've heard that the minimum purchase amount is typically around $20, but I'm interested in the specifics of the maximum limits as well. For instance, you mentioned Bitcoin Depot ATMs have a $20 minimum, but what about their daily limits? Could you provide a range or an average for the daily purchase caps?