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Topic: Bitcoin ATM's in europe - ID limits - page 2. (Read 572 times)

legendary
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July 26, 2020, 07:47:35 AM
#22
That map seems to be outdated or simply not correct. Austria has about 170 Bitcoin ATMs.

According to Coinatmradar, there are exactly 152 of them currently in Austria - but this is a specific service provider (the link is in the post you quote), and that company does not have any of its devices in the countries I mentioned. From what can be seen the main players in this sector as far as Austria is concerned are Kurant and BTM Service.
member
Activity: 112
Merit: 17
July 26, 2020, 06:18:27 AM
#21
Last time I looked at it - https://shitcoins.club  didn't do anything in the way of KYC and they have a lot of locations around Europe. If you look at the locations map it tells you what the limits are for each machine.

Interesting availability map, for some reason their ATMs are not available at all in countries such as Austria, Slovakia, Hungary, Czech Republic or Croatia. I wouldn’t say that these countries are hostile to crypto, or that it’s hard to get permission to set up a device - maybe there’s some other reason?





That map seems to be outdated or simply not correct.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.
legendary
Activity: 2338
Merit: 10802
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July 26, 2020, 05:06:06 AM
#20
<…>
Besides checking the availability, limits, fees, IDs, onboard ATM cameras and such with site such as CoinATMRadar, and then verifying the information by contacting the locations via their contact details, I’d also consider looking for a place with various Bitcoin ATMs in a reasonable range, lest you were to encounter some unexpected issue with the chosen ATM location.
One thing that would bug me is the safety of the location itself. I’ve seen some photographs of some ATMs that seem to be placed in a junkie parlour, certainly a profile to avoid.
legendary
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July 26, 2020, 04:51:10 AM
#19
This has been the very question of most people about the bitcoin, fees are high but why is it high? why use ATM when you could just use an exchange? and why they need ID for buying bitcoin because bitcoin in the first hand is decentralized? Does it mean they can track you on the chain? and 5% fee for 1bitcoin is very high, that amounts for like $100 who would buy at that rate on the ATMs?

As for the fees at crypto ATMs, it is obvious that the owners want to return the investment as soon as possible, and there are of course additional costs of insurance and accommodation of such devices. Given that all centralized cryptocurrencies require KYC, it is logical that many turn to ATM in an attempt to avoid this, despite paying a higher price.

The decentralization of Bitcoin has nothing to do with the fact that the authorities want to control it, and this of course stems from the fight against money laundering, terrorist financing and all other forms of criminal activity. All Bitcoin transactions are public, so they can be tracked and analyzed - and in some cases the transaction can be linked to the user's identity, Bitcoin is not anonymous - unless someone tries to preserve their identity using Tor and decentralized crypto exchanges + using a crypto mixers.
hero member
Activity: 2856
Merit: 674
July 26, 2020, 04:32:30 AM
#18
Anyhow you've got the right place to make the purchase. By the time go through the link Illegal mass adoption. You'll get to know about some ATMs operating globally doesn't have any license and the person involved in the same has got thirty years of imprisonment.

The owner has been arrested, so it's expected that these ATMs area already confiscated by now.
I'm not sure if there are still a lot of ATMs illegally operating, but I'm sure they are aware of the news and might have already pull out the ATM machines.

I can't share much about buying Bitcoin through ATM as I haven't tried it yet, and in our country there are only few ATMs which is located far from my location. What I know is that, here, even buying online, we are still required with the KYC before we can transact.
hero member
Activity: 1260
Merit: 504
July 26, 2020, 04:22:24 AM
#17
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.  Cool

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?

Not entirely clear about your information. If the information is true then there is actually a lot of good news for you. Do what you do with a little understanding. It does not pose any danger to you.
sr. member
Activity: 1918
Merit: 370
July 25, 2020, 08:24:29 AM
#16
If the information is really correct, then the limit without ID is really great - you can buy more than 1 BTC at once. What you need to pay attention to is the fee you will pay for buying or selling BTC on crypto ATM - they are usually the largest of all options. In this case, you pay a fixed fee of 4 EUR + 5.3%, which is of course only an approximate price, but 5% per 1 BTC is not a small amount.
This has been the very question of most people about the bitcoin, fees are high but why is it high? why use ATM when you could just use an exchange? and why they need ID for buying bitcoin because bitcoin in the first hand is decentralized? Does it mean they can track you on the chain? and 5% fee for 1bitcoin is very high, that amounts for like $100 who would buy at that rate on the ATMs?

There is an option in Croatia called BitcoinStore which is actually a physical exchange where you can buy/sell up to 2000 EUR per day without ID. According to the latest information, their fee is around 3% - but if you decide to visit them, be sure to find out more by contacting them via e-mail or social networks.
3% is still high just for me but I think its quite fair for a physical exchange. I didn't know about this physical exchange, thanks for bringing this up.
legendary
Activity: 3234
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July 25, 2020, 08:12:16 AM
#15
Last time I looked at it - https://shitcoins.club  didn't do anything in the way of KYC and they have a lot of locations around Europe. If you look at the locations map it tells you what the limits are for each machine.

Interesting availability map, for some reason their ATMs are not available at all in countries such as Austria, Slovakia, Hungary, Czech Republic or Croatia. I wouldn’t say that these countries are hostile to crypto, or that it’s hard to get permission to set up a device - maybe there’s some other reason?



legendary
Activity: 2394
Merit: 2223
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July 25, 2020, 07:30:09 AM
#14
Wondering why you need to fly buy a single bitcoin even there is no Bitcoin ATM? If the only problem about id verification? This problem would be solved by the peer to peer trading system. Or if you want to fly then you may take a look at this thread who bought bitcoin from BTM just a few days back, Finally used a bitcoin ATM successfully!

You may buy bitcoin from your local (peer to peer) and you may buy from the forum as well on the Currency Exchange section. There will no required of KYC, but you must need to use trusted escrow from the forum to avoid scams. Also, you may buy bitcoin from LocalCryptos where you will not ask for KYC and its non-custodial wallet.
hero member
Activity: 2156
Merit: 803
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July 25, 2020, 07:15:44 AM
#13
To avoid KYC and no limit the best option would be over the counter purchase of Bitcoin. I understand through localbitcoin.com you can make a purchase over the counter but they are asking for KYC.

You can use Mycelium Marketplace to purchase Bitcoin locally without any KYC and no limit. The bigger the city the more vendors you will find in the Marketplace.

legendary
Activity: 2590
Merit: 3014
Welt Am Draht
July 25, 2020, 07:06:47 AM
#12
Last time I looked at it - https://shitcoins.club  didn't do anything in the way of KYC and they have a lot of locations around Europe. If you look at the locations map it tells you what the limits are for each machine.
legendary
Activity: 2968
Merit: 3684
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July 25, 2020, 06:54:51 AM
#11
Yeah, I spoke about this in a separate thread not so recently, as Lucius says, AMLD5 should have been implemented since January, but my EU location only just shut down all the Bitcoin ATMs in my area (two at least have been around since 2016) and the previous limits were EUR 10,000 -- the shop owner I spoke to said they're being refitted now and will require photo ID for almost any amount now.

I haven't checked out every single location not near me -- covid and all that anyway means most of them haven't been serviced for a while.

Times are a-changing I'm afraid =)
jr. member
Activity: 129
Merit: 1
July 25, 2020, 04:28:43 AM
#10
You can check p2p platforms like local cryptos to buy crypto without kyc
legendary
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July 25, 2020, 04:24:47 AM
#9
This sounds amazing! As long as they don't ask you for ID and you can physically exchange BTC, the 3% fee is worth it imo. I have worse fees in my country if I want to sell at ATMs and I do not have the guarantee they won't ask me for KYC. After all, privacy does have its price (that seems to be on a constant increase lately)..

So far, things are working just like that - a change can happen at any time if the last AMLD5 is literally applied, which is obviously delayed due to the situation with the virus. There is also the possibility of selling BTC through 55 post offices throughout Croatia, but they ask for the user ID during each transaction. We have recently get another chain of physical currency exchanges that sell/buy BTC - and it remains to be seen what the conditions are regarding ID and fees in their branches.
legendary
Activity: 1134
Merit: 1598
July 24, 2020, 09:26:28 AM
#8
There is an option in Croatia called BitcoinStore which is actually a physical exchange where you can buy/sell up to 2000 EUR per day without ID. According to the latest information, their fee is around 3% - but if you decide to visit them, be sure to find out more by contacting them via e-mail or social networks.
This sounds amazing! As long as they don't ask you for ID and you can physically exchange BTC, the 3% fee is worth it imo. I have worse fees in my country if I want to sell at ATMs and I do not have the guarantee they won't ask me for KYC. After all, privacy does have its price (that seems to be on a constant increase lately)..

Perhaps you can also buy bitcoin in Europe without Identification, you can simple contact one of your friend or else, you can contact someone here in services in particular, then hire a legitimate escrow to process the transactions. Most of the airport and country these days are still in lock down, so you would encounter difficulty in travelling.
I would argue it may not be the best idea security-wise to go for a face-to-face meeting if you're looking for large transactions.
sr. member
Activity: 644
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July 24, 2020, 08:12:13 AM
#7
Perhaps you can also buy bitcoin in Europe without Identification, you can simple contact one of your friend or else, you can contact someone here in services in particular, then hire a legitimate escrow to process the transactions. Most of the airport and country these days are still in lock down, so you would encounter difficulty in travelling.

It's a good thing that Europe has tons of bitcoin ATM available, but the fact that they require ID even if it is for security purposes, is not tolerable by people who wants complete anonymity in bitcoin.
legendary
Activity: 3514
Merit: 1963
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July 24, 2020, 08:04:42 AM
#6
I had a similar problem and then I found a local large Bitcoin meetup group, where people were selling bitcoins with a 1% markup. I bought small amounts from several different people with cash and no identification was required. (No linked Bank account ....nothing)

It takes a while to garner their trust and we are doing this on a regular basis now, so we do not even use escrow services. (some guys do not even ask for a fee, they just take the current price ....but I buy a few rounds at the pub, so I reckon that covers the fee.  Grin)

Most of those bitcoins are pushed through Mixer services to de-link them from the senders address to break the Blockchain history. (I do not want them to see how much I am collecting)  Grin
legendary
Activity: 1722
Merit: 5937
July 24, 2020, 07:34:01 AM
#5
There is an option in Croatia called BitcoinStore which is actually a physical exchange where you can buy/sell up to 2000 EUR per day without ID. According to the latest information, their fee is around 3% - but if you decide to visit them, be sure to find out more by contacting them via e-mail or social networks.
Just wanted to suggest him the same thing, to come to Croatia and do the business via BitcoinStore. Since limit is 2000 euro per day without ID, he basically needs 4-5 days to buy 1 BTC,.

@OP  since BitcoinStore has physical store in Split (2nd biggest city in Croatia and very touristy place) you can combine that with a nice holiday on the Adriatic coast Smiley. Or if it's closer to you, you could do the same thing in Zagreb (just without the sea part).
sr. member
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July 24, 2020, 05:35:18 AM
#4
Anyhow you've got the right place to make the purchase. By the time go through the link Illegal mass adoption. You'll get to know about some ATMs operating globally doesn't have any license and the person involved in the same has got thirty years of imprisonment.
legendary
Activity: 3234
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July 24, 2020, 05:03:31 AM
#3
If the information is really correct, then the limit without ID is really great - you can buy more than 1 BTC at once. What you need to pay attention to is the fee you will pay for buying or selling BTC on crypto ATM - they are usually the largest of all options. In this case, you pay a fixed fee of 4 EUR + 5.3%, which is of course only an approximate price, but 5% per 1 BTC is not a small amount.

There is an option in Croatia called BitcoinStore which is actually a physical exchange where you can buy/sell up to 2000 EUR per day without ID. According to the latest information, their fee is around 3% - but if you decide to visit them, be sure to find out more by contacting them via e-mail or social networks.
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