Cashing out Bitcoin and other crypto is more convenient than ever, with tens of thousands of Bitcoin automated teller machines (ATMs) worldwide. If you’re in the European Economic Area (EEA) and are looking to use crypto in the real world, one of your options is to convert crypto to euro (EUR) and then withdraw funds from an ATM using the Ka. crypto Visa debit card.
What Is the Ka. Visa Debit Card?
The Ka. Visa Debit Card is the official crypto card of Ka.app, a beginner-friendly crypto wallet and payment platform. The card makes it easy for you to spend crypto in the real world by converting crypto to EUR in the app, then using the card to make in-store and online transactions, or withdraw euros through an ATM.
As of writing, the card is only available to EEA users. Terms and conditions apply.
How to Withdraw Crypto From an ATM Using the Ka. Debit Card
Ready to make crypto a part of your lifestyle? Here’s the easy step-by-step guide on how to withdraw Bitcoin & other crypto from an ATM using the Ka. Debit Card:
- Sign up on Ka.app.
- Log in.
- Activate the cash feature.
- Order your Ka. Visa Debit Card.
- Activate the card once received.
- Top up your card by converting any cryptocurrency into EUR or depositing EUR in the app through IBAN.
- Go to any Visa-compatible ATM and use the card to withdraw.
How Much Are the ATM Withdrawal Limits?
With the Ka. Debit Card, you can withdraw up to €550 per transaction. Daily limit is €550, weekly limit is €1,600, and €4,600 monthly.
Is There a Withdrawal Fee?
Yes, but it’s very cheap! Using your Ka. Debit Card for an ATM withdrawal costs only €1.
How Much Are the Top Up Fees?
Very cheap as well! If you deposit EUR through IBAN, you’ll only be charged €1 per transfer. Otherwise, if you prefer to convert crypto into EUR, the service fee will cost as low as 0.376% of the transaction amount.
How Much Are the Transaction Limits?
One of the best things about the Ka. Debit Card is its high transaction limits. You can spend up to €5,000 per transaction, be it for dining out with family, booking a flight, shopping online, etc. The daily transaction limit is €8,000, weekly limit is €10,000, and €20,000 monthly.
What Are the Ka. Debit Card’s Security Features?
Every transaction you make with your Ka. Debit Card is secure, both in physical stores and online. You’ll be asked to enter a PIN when tapping your card for transactions over €50 for additional security, and there's a 3-digit code at the back of your card to verify online transactions.
If you detect any unusual activity, you can quickly freeze your card on Ka.app and get in touch with the customer support team. It’s also worth mentioning that Ka.app has robust security measures, such as two-factor authentication (2FA), regular software updates, thorough Know Your Customer (KYC) checks, and more.
The Bottom Line
Whether you want to cash out your crypto or need extra funds, withdrawing crypto from a Visa-compatible ATM is quick and seamless with the Ka. Debit Card. The cherry on top is that the withdrawal and top up fees only cost €1 per transaction, and you can withdraw up to €4,600 monthly.
Order your card now (if you haven’t already) to get started.
FAQs
How long does a crypto withdrawal take?
If you’re withdrawing using the Ka. Debit Card, transactions are completed immediately since it works in any Visa-compatible ATM.
What is a Bitcoin ATM?
A Bitcoin ATM is a physical machine, similar to a traditional bank ATM, that allows you to buy or sell Bitcoin, or sometimes withdraw crypto as cash.
How do I find a crypto ATM near me?
You can use crypto ATM machine locators, which usually provide a map of crypto ATMs worldwide, along with details like the supported cryptocurrencies, fees, limits, and user instructions.
Can I withdraw cash from any crypto ATM?
Not all crypto ATMs offer both buying and selling options. Some only allow you to buy cryptocurrencies, while others also enable you to sell your crypto for a local currency. Please check the specific services offered by the ATM beforehand.
