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Topic: BTC ATMs - page 2. (Read 412 times)

full member
Activity: 266
Merit: 101
October 19, 2017, 12:41:57 PM
#3
I see.
I don't think there's much legislation here about cryptocurrencies yet. The only serious statement that Central Bank has made was a few days ago, and was sort of a warning for people who want to invest on bitcoin, and the volatility that it may imply (which is totally true). I think they will probably make that kind of laws either on the go, or after the ATMs are introduced to the public

Thanks for the advise though! I had no idea they charge a high fee for transaction!
legendary
Activity: 1666
Merit: 1285
Flying Hellfish is a Commie
October 19, 2017, 10:30:46 AM
#2
Well it does matter on the laws of your country, as that kinda dictates what kind of privacy laws they're adhered to follow and do follow. I know here in the US the laws matter on state to state, so in  most states you don't have to get the name of who you're going to be selling these Bitcoins to up to a certain amount of money being converted to BTC.

But just so you know, these ATMS charge a very high fee on the conversion so I'd seek out other methods of buying BTC if I were you.
full member
Activity: 266
Merit: 101
October 19, 2017, 10:26:10 AM
#1
There's a venezuelan company that intend to install BTC ATMs at my country. I'm just wondering, are those really safe to use? Do they respect privacy and decentralized ideals of BTC?

I would like opinion and knowledge of people who have used them
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