Where did you find that "SGD50/DAY" limit? I can't seem to find it... that looks very low.
I think on their Facebook page via your shared link. Will recall later once I get home.
Anyhow, for unregistered customers, 50SGD looks pretty fine to me since it's just a week-long stay and my only purpose is about financial backup just in case. Way better than nothing although I don't know how much the power value of having a 50SGD in Singapore. Based on the current conversion in USD, it's about $35 so it can save a day, at least.
I've used Bitaccess ATMs before (it should be the same) and basically, the limits are set per phone number so If you have multiple numbers, you can clearly bypass those without any KYC verification needed. If you wish to go through the verification process and increase your limits, there should be a camera/scanner in the ATM for that purpose, you just need your passport or whatever ID.
As for how the ATMs work, the ATM will give you a QR code, you'll scan it and send the bitcoins. You will have to wait for a few confirmations but don't have to sit there waiting, you can go and come back another time.
The ATM will send you an SMS code when the transaction has been confirmed, and you could use that SMS to withdraw your funds anytime. (Maybe there is a limit set of how many hours or days, but that should be explained in the SMS).
KYC seems to be out of my option now since I'm just a traveller there for a week. Good thing, I can able to access the machines there even without undergoing on it although the limit is surely low.
I will purchase a new SIM exclusive for SG's data providers since I also need mobile internet data throughout our stay. I will use that for accessing the ATM.
I went there in March and explored the local Bitcoin scene a bit.
Awesome.
Do you actually see a Bitcoin ATM's there around? Can you tell me the location just for reference? Might be nearby to our expected places to visit.
How about stores that accept crypto? Do you see those personally?
