Cryptocurrency Q&A
Does bitcoin depot take ownership of my crypto?
Does bitcoin depot take ownership of my crypto?
Elena
Sun Jul 07 2024
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6 answers
1245
Excuse me, I have a question regarding cryptocurrency transactions and ownership. I've been using Bitcoin Depot for some time now, and I'm wondering if they actually take ownership of my digital assets when I make transactions through their platform. Do I lose any form of control over my crypto once it's been sent to or received from Bitcoin Depot? It's important for me to know if I maintain the full rights and responsibilities associated with my cryptocurrency holdings. Thank you for clarifying this matter for me.
6 answers
Stardust
Tue Jul 09 2024
Bitcoin Depot maintains a strict non-custodial approach to cryptocurrency transactions. This means that your digital assets are not held or controlled by the company.
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Caterina
Mon Jul 08 2024
BTCC, a UK-based cryptocurrency exchange, offers a comprehensive range of services to its users. These include spot trading, futures trading, and wallet management.
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Raffaele
Mon Jul 08 2024
Instead, when you transact through Bitcoin Depot, your cryptocurrency goes directly to your personal wallet. This ensures that you retain complete ownership and control over your funds.
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JessicaMiller
Mon Jul 08 2024
Locating a Bitcoin Depot ATM is a convenient way to access your cryptocurrency. These ATMs allow you to deposit or withdraw funds securely and quickly.
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Raffaele
Mon Jul 08 2024
Additionally, you can fund your wallet by visiting the checkout counter at one of Bitcoin Depot's participating retailers. This provides another accessible option for managing your digital assets.
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