Withdrawing Bitcoin to a debit card has many advantages. It can save you time and money, as it allows you to access your funds quickly, without having to wait for days for the money to be transferred to your bank account. Coinbase customers in the US, UK and EU that meet the requirements can withdraw their funds in local currency directly to credit and debit cards compatible with Visa Fast Funds. SG customers can withdraw money by selling their cryptocurrency balance directly to their card.
In the US and EU, if you have a linked bank account or a credit and debit card compatible with Visa Fast Funds, you can now withdraw money instantly and securely with your card. When you withdraw money from a Bitcoin ATM, it means that you are exchanging your current bitcoins for fiat currency (USD, EUR, GBP, etc). Crypto Dispensers currently has more than 50 Bitcoin ATMs in the US, as well as 12,000 Bitcoin ATMs where you can deposit your money and buy cryptocurrency through an online account. It is important to check with your card provider how much money you can withdraw instantly with your debit card.
To be able to withdraw cash and sell your bitcoins at the ATM, the machine provides you with a QR code to which you can send your bitcoins. Please note that U. S. customers can only link debit cards compatible with Visa Fast Funds or MasterCard Send (Visa Fast Funds and MasterCard Send are card features that allow transactions to be processed in real time).
