Topic: Bitcoin ATM's in europe - ID limits (Read 579 times)
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I was wondering who used ATMs nowadays. There are a lot of exchanges not requiring passing kyc. ATMs charge higher fees.
That is obvious. The markup can range from 5% to 15%. But if you want complete anonymity, then there is no other option available for cryptocurrency users (I assume that there are no CCTVs installed near the ATM. Even if there is one, you can always use a mask and face-shield and say that it is to prevent COVID 19). Localbitcoins and exchanges nowadays ask for all sort of KYC documents. Peer-to-peer trading options are always there, but I would avoid them like plague.
I don't exactly know how it works on other countries, but in Italy, when you send money to a crypto exchange, your Bank immediately signals this to the Bank of Italy as suspect operation. This do not means there 's anything illegal, but just "suspect".
So no point having a KYC free exchange when you are sending them money trough a KYC channel.
This is why ATM have higher fees: anonymity and privacy have a (mostly undervalued) price.
I was wondering who used ATMs nowadays. There are a lot of exchanges not requiring passing kyc. ATMs charge higher fees.
That is obvious. The markup can range from 5% to 15%. But if you want complete anonymity, then there is no other option available for cryptocurrency users (I assume that there are no CCTVs installed near the ATM. Even if there is one, you can always use a mask and face-shield and say that it is to prevent COVID 19). Localbitcoins and exchanges nowadays ask for all sort of KYC documents. Peer-to-peer trading options are always there, but I would avoid them like plague.
I wonder if you are talking about the available crypto wallets in your country where you cannot use it without submitting any KYC.
We also have it here but I was able to bypass it by buying someones identity to verify my account, though it is not the best solution
to your problem. We also have a bitcoin ATM here in our country and I didn't see any ID requirements here, though I am not sure if
it is available for cash in as I know so far that it was being used to cash out crypto assets.
We also have it here but I was able to bypass it by buying someones identity to verify my account, though it is not the best solution
to your problem. We also have a bitcoin ATM here in our country and I didn't see any ID requirements here, though I am not sure if
it is available for cash in as I know so far that it was being used to cash out crypto assets.
Try peer to peer transactions whoch does not require identifications, if that is your concern but sometimes it is hard to find a group, not sure also if this kind exists in your country but it would be worthy to try.
I was wondering who used ATMs nowadays. There are a lot of exchanges not requiring passing kyc. ATMs charge higher fees.
Maybe those people are not aware of exchanges and there is a tendency that they are not aware of cryptocurrencies in general except for the easy ways which is open in public such as ATM. They might be the ones investing to Bitcoin because it is popular or they just need to buy something overseas that requires Bitcoin as a mode of payment. To put it simply, tbey might not be a "regular" crypto investor, I guess. Where is it easiest to buy bitcoin on an atm? Without identification I mean. Just looking to buy a single bitcoin privately, so I could just stay several days somewhere and buy all I can daily.
https://coinatmradar.com/bitcoin_atm/13915/bitcoin-atm-general-bytes-budapest-edenkert-abc-0-24/
This looks promising if the 12000€ no id limit is true... But the info on that seems to be outdated quite often.
Where should I be headed?
This is the first time i am seeing an ATM allowing to purchase a huge amount without verification, but my doubt is that why would you travel this much and spent an extra 500 Euro and you are doing that to take care of your privacy https://coinatmradar.com/bitcoin_atm/13915/bitcoin-atm-general-bytes-budapest-edenkert-abc-0-24/
This looks promising if the 12000€ no id limit is true... But the info on that seems to be outdated quite often.
Where should I be headed?
. If you are planning to purchase huge amounts you could find over the counter sales with minimal verification to identify the amount is not coming from illegal source.
I am just signing in this thread as we are discussing shitcoinclub.de rules on the Italian board, if you are interested.
Apparently they are well aware of the “shadiness” of their business plan and were expecting some retaliation from Bafin and other legal entities. The fact they were expecting those moves makes me think they have some “countermeasures” (I don’t even know if we can call them so..) to go on with their business.
In Italy they claimed a 15k limit for KYC/less operation. I wouldn’t neve risk so much. And apparently, from track record provided by a monitoring tool by @Babo, is not so common to see such operations.
Link to thread:
Comprare Bitcoin senza KYC: Bitcoin bancomat a Milano rispettoso della Privacy
Apparently they are well aware of the “shadiness” of their business plan and were expecting some retaliation from Bafin and other legal entities. The fact they were expecting those moves makes me think they have some “countermeasures” (I don’t even know if we can call them so..) to go on with their business.
In Italy they claimed a 15k limit for KYC/less operation. I wouldn’t neve risk so much. And apparently, from track record provided by a monitoring tool by @Babo, is not so common to see such operations.
Link to thread:
Comprare Bitcoin senza KYC: Bitcoin bancomat a Milano rispettoso della Privacy
That map seems to be outdated or simply not correct. Austria has about 170 Bitcoin ATMs. Daily limit of BTC you can buy without registration or identification in Austria is 250.- per person. If you want to buy more you need to do a one-time identification showing a driving license or a passport.
However, there are ATMs in Austria where, for example, a mobile phone number is sufficient for up to 1000 euros. Standard is the 250 Euro as you say but there are exceptions at other locations
No need to fly anywhere or leave the house when you can just register through an P2P exchange without identification, KYC and ID's.
The best bet to buy Bitcoins or under the counter is Localcryptos or local.Bitcoin.com there's a range of options from paypal to bank transfer and gift cards and your details will only be disclosed to the seller. Sending anonymously is creating an paypal account that's not name to you.
The best bet to buy Bitcoins or under the counter is Localcryptos or local.Bitcoin.com there's a range of options from paypal to bank transfer and gift cards and your details will only be disclosed to the seller. Sending anonymously is creating an paypal account that's not name to you.
Incorrect, the domain you’re looking for is www.localbitcoins.com
No need to fly anywhere or leave the house when you can just register through an P2P exchange without identification, KYC and ID's.
The best bet to buy Bitcoins or under the counter is Localcryptos or local.Bitcoin.com there's a range of options from paypal to bank transfer and gift cards and your details will only be disclosed to the seller. Sending anonymously is creating an paypal account that's not name to you.
The best bet to buy Bitcoins or under the counter is Localcryptos or local.Bitcoin.com there's a range of options from paypal to bank transfer and gift cards and your details will only be disclosed to the seller. Sending anonymously is creating an paypal account that's not name to you.
Great, you can do it in your country so easily. As we know that BTC is still illegal in many countries and they must buy the coin anonymously in certain exchanges.
But talking about Bitcoin ATM, is the fee so high for the transaction? You may not be a matter of it, but some people may feel hard about the fees.
But of course, if you want something better and easier, you must pay more. this is also what you need to spend if going to buy BTC on BTC ATM privately whenever and wherever you are.
In this case, actually there are also some decentralized exchanges that require no identification so it is anonymously. But, I don't know whether they work in your country or not.
But talking about Bitcoin ATM, is the fee so high for the transaction? You may not be a matter of it, but some people may feel hard about the fees.
But of course, if you want something better and easier, you must pay more. this is also what you need to spend if going to buy BTC on BTC ATM privately whenever and wherever you are.
In this case, actually there are also some decentralized exchanges that require no identification so it is anonymously. But, I don't know whether they work in your country or not.
I don't recommend transactions using Bitcoin ATM, don't be interested just because the transaction is without identification.
However, taking into account also the transaction fees that are quite large in my opinion, there are still many ways of Bitcoin
transactions in Europe without identification. Like using local exchanges which are more recommended for use. And there are
several countries in Europe which has legalized Bitcoin, so it can be Bitcoin transactions on physical exchanges.
However, taking into account also the transaction fees that are quite large in my opinion, there are still many ways of Bitcoin
transactions in Europe without identification. Like using local exchanges which are more recommended for use. And there are
several countries in Europe which has legalized Bitcoin, so it can be Bitcoin transactions on physical exchanges.
I am in a country in europe where you can't buy any bitcoin without identification. So I thought I'll just fly to wherever I need to. 
Where is it easiest to buy bitcoin on an atm? Without identification I mean. Just looking to buy a single bitcoin privately, so I could just stay several days somewhere and buy all I can daily.
https://coinatmradar.com/bitcoin_atm/13915/bitcoin-atm-general-bytes-budapest-edenkert-abc-0-24/
This looks promising if the 12000€ no id limit is true... But the info on that seems to be outdated quite often.
Where should I be headed?
That will be great that you can buy and sell in bitcoin ATM with a higher limit. Your so lucky that buying and selling bitcoin in your country is open. But what about the transaction fee? Maybe it's too high like you if you make transactions in some online crypto exchanges. Where is it easiest to buy bitcoin on an atm? Without identification I mean. Just looking to buy a single bitcoin privately, so I could just stay several days somewhere and buy all I can daily.
https://coinatmradar.com/bitcoin_atm/13915/bitcoin-atm-general-bytes-budapest-edenkert-abc-0-24/
This looks promising if the 12000€ no id limit is true... But the info on that seems to be outdated quite often.
Where should I be headed?
https://coinatmradar.com/bitcoin_atm/13915/bitcoin-atm-general-bytes-budapest-edenkert-abc-0-24/
This looks promising if the 12000€ no id limit is true... But the info on that seems to be outdated quite often.
Where should I be headed?
There's only one way to confirm the authenticity of that information which is by trying it out even with little amount since they don't request for any form of identification! It is always difficult seeing an established platform that offers the sales and buying without kyc process or any identification but however, there are local vendors in my country that do buy and sell without identification but they are not on large scale, maybe you should ask your crypto friends around, they might know of a place
I was wondering who used ATMs nowadays. There are a lot of exchanges not requiring passing kyc. ATMs charge higher fees.
You’d still leave a trace on an Exchange (i.e the exchange could keep track of your IP and disclose it to authorities if required), and the initial FIAT transfers (card or bank transfer) to the exchange to make the purchases will always indicate that you are into crypto to some degree. That is base enough for the taxation office to put you on its radar (in Spain at least).An ATM that accepts FIAT will potentially avoid that, at the cost of higher fees. Mind you, some ATMs require you to provide a phone (where they send you a verification code), so all in all, you need to be sure of the complete process for the ATM to be really anonymous and worth the extra fee (to some).
I was wondering who used ATMs nowadays. There are a lot of exchanges not requiring passing kyc. ATMs charge higher fees.
Even recently there was a person who was running a bitcoin ATM company without any license or following any KYC rules with over 100's of ATMs across California malls and now he is facing federal charges.
Running a business without licence and not asking for KYC when buying/selling BTC up to certain amount are two completely different things. Getting charges and fines for not registering business, not paying taxes etc will happen to you in just about any country, for any business you can imagine, but some countries like Croatia still don't require KYC when buying/selling BTC up to certain amount, and I doubt it's the only one in Europe with such laws. 
Don't think that the no ID thing is true, the companies have to comply with the AML/KYC norms set by the Country and if found not following these norms then it will be very problematic for the Bitcoin ATM company.
Instead of completely unnecessarily quoting the entire OP, you should have taken a few minutes of your time and read at least part of the posts. In some countries, there are still laws under which money transactions up to a certain amount do not have to be verified, so it is possible to buy and sell BTC without ID/KYC.
This seems like a very good medium to me. There are some things you need to keep in mind in these cases those are the ones you don't get involved in any legal trouble. Thus many have suffered before and after. Another thing to keep in mind is the issue of fees. In all these cases, however, a large amount of fee is deducted.
I am in a country in europe where you can't buy any bitcoin without identification. So I thought I'll just fly to wherever I need to.
Where is it easiest to buy bitcoin on an atm? Without identification I mean. Just looking to buy a single bitcoin privately, so I could just stay several days somewhere and buy all I can daily.
https://coinatmradar.com/bitcoin_atm/13915/bitcoin-atm-general-bytes-budapest-edenkert-abc-0-24/
This looks promising if the 12000€ no id limit is true... But the info on that seems to be outdated quite often.
Where should I be headed?
Don't think that the no ID thing is true, the companies have to comply with the AML/KYC norms set by the Country and if found not following these norms then it will be very problematic for the Bitcoin ATM company. There have been many exchanges in the past which weren't following KYC norms and now all of them are closed and their owners either fined or facing Jail time. Even recently there was a person who was running a bitcoin ATM company without any license or following any KYC rules with over 100's of ATMs across California malls and now he is facing federal charges. Where is it easiest to buy bitcoin on an atm? Without identification I mean. Just looking to buy a single bitcoin privately, so I could just stay several days somewhere and buy all I can daily.
https://coinatmradar.com/bitcoin_atm/13915/bitcoin-atm-general-bytes-budapest-edenkert-abc-0-24/
This looks promising if the 12000€ no id limit is true... But the info on that seems to be outdated quite often.
Where should I be headed?
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