Cryptocurrency Q&A Does CoinHub ATM require ID?

Does CoinHub ATM require ID?

BlockchainWizardGuard BlockchainWizardGuard Mon Dec 16 2024 | 7 answers 1747
I'm wondering if CoinHub ATM machines require any form of identification, like a driver's license or a passport, for transactions. I want to use the ATM but I'm not sure if I need to bring my ID with me. Does CoinHub ATM require ID?

7 answers

Giulia Giulia Wed Dec 18 2024
Purchases exceeding the amount of $2,000 necessitate the provision of valid identification.

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CryptoProphet CryptoProphet Wed Dec 18 2024
This requirement ensures that transactions above the specified threshold are conducted in a secure and regulated manner.

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CryptoPioneer CryptoPioneer Wed Dec 18 2024
For purchases that are $2,000 or less, no identification is necessary, facilitating a quicker and more streamlined buying process.

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CryptoAce CryptoAce Wed Dec 18 2024
The threshold of $2,000 has been set to balance security with convenience for users.

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Alessandro Alessandro Tue Dec 17 2024
By implementing this policy, it helps to prevent fraudulent activities and ensures compliance with regulatory guidelines.

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