Cryptocurrency Q&A
Can you get cash back from a Bitcoin ATM?
Can you get cash back from a Bitcoin ATM?
DongdaemunTrendsetter
Tue Oct 08 2024
|
5 answers
996
Excuse me, I have a question about Bitcoin ATMs. I've heard that they allow you to buy and sell Bitcoin, but I'm curious if there's a way to get cash back from them. Is it possible to withdraw cash from a Bitcoin ATM, or do they only deal in Bitcoin transactions? I'm interested in understanding the full range of services that these machines offer, and whether they can be used for cash withdrawals as well as Bitcoin transactions. Thank you for your time.
5 answers
Stefano
Thu Oct 10 2024
By scanning the QR code with a mobile wallet or entering the address manually, users can easily transfer their Bitcoin to the ATM.
Was this helpful?
211
72
HallyuHeroLegendaryStarShine
Thu Oct 10 2024
Bitcoin ATMs differ significantly from their traditional counterparts. These specialized machines facilitate cash withdrawals and Bitcoin sales in a unique manner.
Was this helpful?
102
82
benjamin_rose_author
Thu Oct 10 2024
BTCC, a leading cryptocurrency exchange, offers a range of services including spot trading, futures trading, and wallet services. These services cater to the diverse needs of cryptocurrency traders and investors.
Was this helpful?
209
61
Lorenzo
Thu Oct 10 2024
When utilizing a Bitcoin ATM for cash-out purposes, users are not prompted to insert a bank card or enter a PIN. Instead, the ATM generates a QR code.
Was this helpful?
312
98
DreamlitGlory
Thu Oct 10 2024
This QR code serves as the recipient address for the Bitcoin transaction. Users must send their Bitcoin to this address in order to initiate the cash withdrawal process.
Was this helpful?
162
35
