Is it possible to sell bitcoin at an ATM without an ID?
Kaas AbdiDec 26, 2021 · 3 years ago3 answers
I'm wondering if it's feasible to sell bitcoin at an ATM without providing identification. Can I simply walk up to a bitcoin ATM and sell my bitcoins without going through any verification process?
3 answers
- Dec 26, 2021 · 3 years agoYes, it is possible to sell bitcoin at an ATM without an ID. Some bitcoin ATMs allow users to sell bitcoins for cash without requiring any form of identification. However, it's important to note that not all ATMs offer this feature. It's recommended to check the specific bitcoin ATM's functionality before attempting to sell bitcoins without an ID.
- Dec 26, 2021 · 3 years agoNo, selling bitcoin at an ATM without an ID is not possible. Due to regulatory requirements and anti-money laundering measures, most bitcoin ATMs require users to verify their identity before selling bitcoins. This is to ensure compliance with Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations.
- Dec 26, 2021 · 3 years agoWhile it is technically possible to sell bitcoin at an ATM without an ID, it's important to consider the risks involved. Selling bitcoins without going through the proper identification process may expose you to potential legal and security issues. It's always recommended to follow the regulations and guidelines set by the bitcoin ATM operator to ensure a safe and compliant transaction.
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