Personally, I use Bitcoin ATMs only in rare cases usually as a last resort when I'm traveling, my wallet is empty, and I urgently need cash. I’m always a bit worried the machine might malfunction and my funds could get lost. That actually happened to me once, and it took a lot of effort and numerous calls to the ATM operator to recover the money.
Another concern I have is the potential leakage of personal data, so I prefer to use ATMs that don’t require KYC when exchanging small amounts. That’s not just the hypothetical scenario as it’s evidenced by the real case involving data leak from Bitcoin Depot ATMs.
Data breach was firs noticed in the middle of 2024, but was was not publicly disclosed due to police requirements.
Consumer were notified about data breach on July 08, 2025.
I’m not among them, as I mostly used KURANT machines rather than Bitcoin Depot.
Another concern I have is the potential leakage of personal data, so I prefer to use ATMs that don’t require KYC when exchanging small amounts. That’s not just the hypothetical scenario as it’s evidenced by the real case involving data leak from Bitcoin Depot ATMs.
Data breach was firs noticed in the middle of 2024, but was was not publicly disclosed due to police requirements.
Consumer were notified about data breach on July 08, 2025.
I’m not among them, as I mostly used KURANT machines rather than Bitcoin Depot.
I’m generally very negative about any operations that require going through KYC. You never know where that data will end up or who might use it and how. There have been so many cases where databases were leaked, hacked, and sold, even from government institutions, let alone private companies.Any verification makes your data vulnerable, and someone could use someone else's personal information to drain users’ accounts. That’s why you shouldn’t carelessly share such information.