Post
Topic
Board Bitcoin Discussion
Re: Bitcoin ATM's in europe - ID limits
by
stiffbud
on 26/07/2020, 13:38:50 UTC
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 But the info on that seems to be outdated quite often.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?
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.