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What types of identification do I need to buy bitcoin from an ATM machine?

avatarJonashornMar 20, 2022 · 3 years ago3 answers

I'm interested in buying bitcoin from an ATM machine, but I'm not sure what types of identification I need to provide. Can you please let me know what identification documents are typically required to purchase bitcoin from an ATM machine?

What types of identification do I need to buy bitcoin from an ATM machine?

3 answers

  • avatarMar 20, 2022 · 3 years ago
    When buying bitcoin from an ATM machine, the identification requirements can vary depending on the specific machine and the country you're in. In general, you'll need to provide a valid government-issued ID, such as a passport or driver's license. Some machines may also require you to provide additional verification, such as a phone number or email address. It's always a good idea to check the requirements of the specific ATM machine you plan to use before making a purchase.
  • avatarMar 20, 2022 · 3 years ago
    To buy bitcoin from an ATM machine, you typically need to provide a valid ID, such as a passport or driver's license. Some machines may also require you to provide a phone number for verification purposes. The exact requirements can vary, so it's best to check with the specific ATM machine you plan to use. Keep in mind that providing identification is a standard practice to comply with anti-money laundering (AML) and know your customer (KYC) regulations.
  • avatarMar 20, 2022 · 3 years ago
    When purchasing bitcoin from an ATM machine, you'll usually need to provide a valid government-issued ID, such as a passport or driver's license. Some machines may also require additional verification, such as a phone number or email address. It's important to note that different ATM machines may have different requirements, so it's always a good idea to check before making a transaction. If you're using BYDFi, they may have their own specific requirements, so it's best to consult their website or customer support for more information.