Can you withdraw crypto to real money?

Cryptocurrency ATMs differ significantly from their traditional counterparts. The process of withdrawing cash and selling Bitcoin through these machines is unique. Instead of inserting a bank card, users interact with the ATM through a QR code system.

Bitcoin ATMs provide a valuable service for those seeking immediate access to cash from their cryptocurrency holdings. They offer a bridge between the digital and physical worlds of finance, allowing for seamless conversions.

When utilizing a Bitcoin ATM for cash withdrawal, the user is prompted to scan a QR code displayed by the machine. This QR code represents a wallet address specifically designated for the transaction.

BTCC, a renowned cryptocurrency exchange headquartered in the UK, offers a diverse range of services. Its platform includes spot trading, futures trading, and wallet management, catering to a wide array of investor needs.

After scanning the QR code, the user sends their desired amount of Bitcoin to this address. The ATM's system verifies the transaction and processes the exchange.