Post
Topic
Board Bitcoin Discussion
Re: Bitcoin ATMs – how it works and KYC compliance
by
samtasse1488
on 21/07/2018, 14:36:42 UTC
Bitcoin ATMs are quite convenient to use in our lives. It will facilitate the withdrawal of funds from your wallet, but many nuances are unclear. Will there be a withdrawal fee? Will the ATM give out money immediately? Will I have to send money to the phone? Will the funds be withdrawn from a bank account (not yours, but personally the bank) to give you money, and then they send a request for transfer of funds from your wallet? Will the banks or investors of this ATM keep track of your translations in the future? Just bills that are in the ATM, instant exchange and so on.