Post
Topic
Board Bitcoin Discussion
Re: Question about Bitcoin ATMs
by
Dunamisx
on 15/04/2025, 15:16:21 UTC
1. Do they require any form of identification to use? Like a passport or ID card
2. When you want to buy or sell with it, does it have P2P trading? Or does the ATM and bitcoin belong to a company, and you're simply buying from or selling to them?

I have never used one before, but i don't think its a good idea using an identity card for a transaction over the use of bitcoin ATM, because as said by some, that you may be required for such once they discovered you're making a larger sum transaction, to your second question, Since you're having a direct ordeal with the company that owns the ATM, the requirement for each machine may be different form each other and also the country regulation could also serves as another thing to make it more complicated for privacy use.