Bitcoin Forum

Hypothetical question here and its more dreaming than anything.

To use a bitcoin atm you need a wallet and they have daily limits based on the address.
Do I need to create multiple wallets or can I just create multiple addresses in that wallet to circumvent bitcoin limit for daily use?

I ask because I rather not step into the office when the day comes that I have a bit of bitcoin and be forced to sign a KYC form because I potentially have gone over 10K in a week. Its all speculative but I am curious if what I am thinking is true.

Recap:

To make multiple withdrawls from a bitcoin atm with a limit of 1btc per day,do I need to create multiple wallets or can I create multiple addresses to get around this limit?

This set up does not have the whole scan you hand and driver license all you need is a phone.

Any one?

Just 10 new addresses. It is not possible to know whether multiple addresses belong to the same wallet unless a transaction happens where those addresses are the inputs. If you use 10 new addresses, you should be fine.

Thanks. Guess I was confused that all the addresse where like arms off the main address.

For a wallet like Electrum where all the addresses are generated from a Seed, they're like arms but there is no way to link those unless of-course they're used together in a transaction.

in my opinion you can use 1 wallet decentralized like xapo, so ATM bitcoin can't trace your address and you can send 1btc 10times maybe 100times or 1000times.

im never use ATM bitcoin, it's just my opinion.