Cryptocurrency Q&A
Can I withdraw money from a Bitcoin machine?
Can I withdraw money from a Bitcoin machine?
Pietro
Sun Dec 15 2024
|
7 answers
1176
I'm wondering if it's possible to take out cash from a Bitcoin machine. I've heard of these machines being used for buying Bitcoin, but I'm not sure if they also allow withdrawals of physical money.
7 answers
EthereumEagle
Tue Dec 17 2024
Unlike traditional ATMs, these machines function differently when it comes to withdrawing cash and selling Bitcoin.
Was this helpful?
123
60
Margherita
Tue Dec 17 2024
To initiate a cash withdrawal, users are required to send their Bitcoin to a QR code provided by the ATM.
Was this helpful?
111
90
Valentina
Tue Dec 17 2024
Once the Bitcoin transaction is completed, users are required to wait for a brief period.
Was this helpful?
198
57
KimonoGlitter
Tue Dec 17 2024
This waiting time usually spans a couple of minutes, allowing the ATM to process the transaction.
Was this helpful?
136
30
lucas_emma_entrepreneur
Tue Dec 17 2024
Bitcoin ATMs offer a convenient method for individuals to access cash using their bitcoins.
Was this helpful?
140
30
Load 5 more related questions
