Cryptocurrency Q&A
Does Bitcoin Depot require ID?
Does Bitcoin Depot require ID?
PhoenixRising
Thu Dec 26 2024
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7 answers
1523
I'm wondering if Bitcoin Depot asks for identification when using their services. I'm concerned about privacy and would like to know if ID verification is a requirement.
7 answers
Martina
Sat Dec 28 2024
It involves providing personal details to the ATM.
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Arianna
Sat Dec 28 2024
Identity Verification is a crucial step in utilizing Bitcoin ATMs.
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SamuraiCourageous
Sat Dec 28 2024
The process is known as Know-Your-Customer, or KYC.
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KimonoGlitter
Fri Dec 27 2024
By verifying identities, Bitcoin ATMs ensure that only legitimate transactions are processed.
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Matteo
Fri Dec 27 2024
This is a requirement before any transactions can be initiated.
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