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Bitcoin ATMs in the UK offer convenient ways to buy and sell cryptocurrencies, but they come with specific limits that users should be aware of. These limits vary by machine and operator, often depending on factors like verification levels and location.
For unverified transactions, Bitcoin ATMs in the UK typically have lower limits, such as £100 to £500 per transaction. This helps comply with anti-money laundering regulations. To access higher limits, users may need to complete identity verification, which can increase the cap to several thousand pounds.
It\“s essential to check the specific ATM\“s terms before use, as limits can differ between operators like Coinflip and Bitstop. Always ensure you understand the fees and limits to make informed decisions when using Bitcoin ATMs in the UK. |
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