Cryptocurrency Q&A Do you need ID for Bitcoin Depot?

Do you need ID for Bitcoin Depot?

CryptoMystic CryptoMystic Tue Dec 17 2024 | 6 answers 1286
I'm wondering if it's necessary to provide any form of identification when using Bitcoin Depot. Is there a requirement for ID verification in order to make transactions or access its services? Do you need ID for Bitcoin Depot?

6 answers

Martina Martina Thu Dec 19 2024
When engaging in larger purchases through Bitcoin Depot, customers may encounter additional verification steps.

Was this helpful?

331
35
CryptoMaven CryptoMaven Thu Dec 19 2024
One such step involves providing a photo ID.

Was this helpful?

264
53
WhisperWind WhisperWind Thu Dec 19 2024
Bitcoin Depot holds a registered status as a money services business with FinCen in the United States.

Was this helpful?

306
28
CryptoEnthusiast CryptoEnthusiast Thu Dec 19 2024
This requirement is not arbitrary but is instead mandated by the applicable legal framework.

Was this helpful?

253
74
Isabella Isabella Thu Dec 19 2024
By adhering to these legal requirements, Bitcoin Depot ensures the security and legitimacy of its transactions.

Was this helpful?

76
95
Load 5 more related questions

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts