Bitcoin Forum

I am in a country in europe where you can't buy any bitcoin without identification. So I thought I'll just fly to wherever I need to.  8)

Where is it easiest to buy bitcoin on an atm? Without identification I mean. Just looking to buy a single bitcoin privately, so I could just stay several days somewhere and buy all I can daily.

https://coinatmradar.com/bitcoin_atm/13915/bitcoin-atm-general-bytes-budapest-edenkert-abc-0-24/

This looks promising if the 12000€ no id limit is true... But the info on that seems to be outdated quite often.

Where should I be headed?

Confirmed the atm's 12k limit from the company that runs it. There's my mecca then.  ;D

If the information is really correct, then the limit without ID is really great - you can buy more than 1 BTC at once. What you need to pay attention to is the fee you will pay for buying or selling BTC on crypto ATM - they are usually the largest of all options. In this case, you pay a fixed fee of 4 EUR + 5.3%, which is of course only an approximate price, but 5% per 1 BTC is not a small amount.

There is an option in Croatia called BitcoinStore (https://www.bitcoin-store.hr/en) which is actually a physical exchange where you can buy/sell up to 2000 EUR per day without ID. According to the latest information, their fee is around 3% - but if you decide to visit them, be sure to find out more by contacting them via e-mail or social networks.

Anyhow you've got the right place to make the purchase. By the time go through the link Illegal mass adoption (https://bitcointalk.org/index.php?topic=5264101.0). You'll get to know about some ATMs operating globally doesn't have any license and the person involved in the same has got thirty years of imprisonment.

Just wanted to suggest him the same thing, to come to Croatia and do the business via BitcoinStore. Since limit is 2000 euro per day without ID, he basically needs 4-5 days to buy 1 BTC,.

@OP  since BitcoinStore has physical store in Split (2nd biggest city in Croatia and very touristy place) you can combine that with a nice holiday on the Adriatic coast :). Or if it's closer to you, you could do the same thing in Zagreb (just without the sea part).

I had a similar problem and then I found a local large Bitcoin meetup group, where people were selling bitcoins with a 1% markup. I bought small amounts from several different people with cash and no identification was required. (No linked Bank account ....nothing)

It takes a while to garner their trust and we are doing this on a regular basis now, so we do not even use escrow services. (some guys do not even ask for a fee, they just take the current price ....but I buy a few rounds at the pub, so I reckon that covers the fee.  ;D)

Most of those bitcoins are pushed through Mixer services to de-link them from the senders address to break the Blockchain history. (I do not want them to see how much I am collecting)  ;D

Perhaps you can also buy bitcoin in Europe without Identification, you can simple contact one of your friend or else, you can contact someone here in services in particular, then hire a legitimate escrow to process the transactions. Most of the airport and country these days are still in lock down, so you would encounter difficulty in travelling.

It's a good thing that Europe has tons of bitcoin ATM available, but the fact that they require ID even if it is for security purposes, is not tolerable by people who wants complete anonymity in bitcoin.

This sounds amazing! As long as they don't ask you for ID and you can physically exchange BTC, the 3% fee is worth it imo. I have worse fees in my country if I want to sell at ATMs and I do not have the guarantee they won't ask me for KYC. After all, privacy does have its price (that seems to be on a constant increase lately)..

I would argue it may not be the best idea security-wise to go for a face-to-face meeting if you're looking for large transactions.

So far, things are working just like that - a change can happen at any time if the last AMLD5 is literally applied, which is obviously delayed due to the situation with the virus. There is also the possibility of selling BTC through 55 post offices throughout Croatia, but they ask for the user ID during each transaction. We have recently get another chain of physical currency exchanges (https://translate.google.com/translate?hl=hr&sl=hr&tl=en&u=https%3A%2F%2Fwww.poslovni.hr%2Fhrvatska%2Flanac-in-kapital-mjenjacnica-pocinje-kupovati-i-prodavati-bitcoine-4238554) that sell/buy BTC - and it remains to be seen what the conditions are regarding ID and fees in their branches.

You can check p2p platforms like local cryptos to buy crypto without kyc

Yeah, I spoke about this in a separate thread not so recently, as Lucius says, AMLD5 should have been implemented since January, but my EU location only just shut down all the Bitcoin ATMs in my area (two at least have been around since 2016) and the previous limits were EUR 10,000 -- the shop owner I spoke to said they're being refitted now and will require photo ID for almost any amount now.

I haven't checked out every single location not near me -- covid and all that anyway means most of them haven't been serviced for a while.

Times are a-changing I'm afraid =)

Last time I looked at it - https://shitcoins.club  didn't do anything in the way of KYC and they have a lot of locations around Europe. If you look at the locations map it tells you what the limits are for each machine.

To avoid KYC and no limit the best option would be over the counter purchase of Bitcoin. I understand through localbitcoin.com you can make a purchase over the counter but they are asking for KYC.

You can use Mycelium Marketplace (http://"https://cointikka.com/mycelium-wallet/") to purchase Bitcoin locally without any KYC and no limit. The bigger the city the more vendors you will find in the Marketplace.

Wondering why you need to fly buy a single bitcoin even there is no Bitcoin ATM? If the only problem about id verification? This problem would be solved by the peer to peer trading system. Or if you want to fly then you may take a look at this thread who bought bitcoin from BTM just a few days back, Finally used a bitcoin ATM successfully! (https://bitcointalk.org/index.php?topic=5262424.msg54802838#msg54802838)

You may buy bitcoin from your local (peer to peer) and you may buy from the forum as well on the Currency Exchange (https://bitcointalk.org/index.php?board=53.0) section. There will no required of KYC, but you must need to use trusted escrow from the forum to avoid scams. Also, you may buy bitcoin from LocalCryptos (https://localcryptos.com/) where you will not ask for KYC and its non-custodial wallet.

Interesting availability map, for some reason their ATMs are not available at all in countries such as Austria, Slovakia, Hungary, Czech Republic or Croatia. I wouldn’t say that these countries are hostile to crypto, or that it’s hard to get permission to set up a device - maybe there’s some other reason?

https://i.imgur.com/MHqOuEE.jpg

This has been the very question of most people about the bitcoin, fees are high but why is it high? why use ATM when you could just use an exchange? and why they need ID for buying bitcoin because bitcoin in the first hand is decentralized? Does it mean they can track you on the chain? and 5% fee for 1bitcoin is very high, that amounts for like $100 who would buy at that rate on the ATMs?

3% is still high just for me but I think its quite fair for a physical exchange. I didn't know about this physical exchange, thanks for bringing this up.

Not entirely clear about your information. If the information is true then there is actually a lot of good news for you. Do what you do with a little understanding. It does not pose any danger to you.

The owner has been arrested, so it's expected that these ATMs area already confiscated by now.
I'm not sure if there are still a lot of ATMs illegally operating, but I'm sure they are aware of the news and might have already pull out the ATM machines.

I can't share much about buying Bitcoin through ATM as I haven't tried it yet, and in our country there are only few ATMs which is located far from my location. What I know is that, here, even buying online, we are still required with the KYC before we can transact.

As for the fees at crypto ATMs, it is obvious that the owners want to return the investment as soon as possible, and there are of course additional costs of insurance and accommodation of such devices. Given that all centralized cryptocurrencies require KYC, it is logical that many turn to ATM in an attempt to avoid this, despite paying a higher price.

The decentralization of Bitcoin has nothing to do with the fact that the authorities want to control it, and this of course stems from the fight against money laundering, terrorist financing and all other forms of criminal activity. All Bitcoin transactions are public, so they can be tracked and analyzed - and in some cases the transaction can be linked to the user's identity, Bitcoin is not anonymous - unless someone tries to preserve their identity using Tor and decentralized crypto exchanges + using a crypto mixers.

Besides checking the availability, limits, fees, IDs, onboard ATM cameras and such with site such as CoinATMRadar, and then verifying the information by contacting the locations via their contact details, I’d also consider looking for a place with various Bitcoin ATMs in a reasonable range, lest you were to encounter some unexpected issue with the chosen ATM location.
One thing that would bug me is the safety of the location itself. I’ve seen some photographs of some ATMs that seem to be placed in a junkie parlour, certainly a profile to avoid.

That map seems to be outdated or simply not correct. Austria has about 170 Bitcoin ATMs. Daily limit of BTC you can buy without registration or identification in Austria is 250.- per person. If you want to buy more you need to do a one-time identification showing a driving license or a passport.

According to Coinatmradar, there are exactly 152 of them currently in Austria - but this is a specific service provider (the link is in the post you quote), and that company does not have any of its devices in the countries I mentioned. From what can be seen the main players in this sector as far as Austria is concerned are Kurant and BTM Service.

Don't think that the no ID thing is true, the companies have to comply with the AML/KYC norms set by the Country and if found not following these norms then it will be very problematic for the Bitcoin ATM company. There have been many exchanges in the past which weren't following KYC norms and now all of them are closed and their owners either fined or facing Jail time. Even recently there was a person who was running a bitcoin ATM company without any license or following any KYC rules with over 100's of ATMs across California malls and now he is facing federal charges.

This seems like a very good medium to me. There are some things you need to keep in mind in these cases those are the ones you don't get involved in any legal trouble. Thus many have suffered before and after. Another thing to keep in mind is the issue of fees. In all these cases, however, a large amount of fee is deducted.

Instead of completely unnecessarily quoting the entire OP, you should have taken a few minutes of your time and read at least part of the posts. In some countries, there are still laws under which money transactions up to a certain amount do not have to be verified, so it is possible to buy and sell BTC without ID/KYC.

Running a business without licence and not asking for KYC when buying/selling BTC up to certain amount are two completely different things. Getting charges and fines for  not registering business, not paying taxes etc will happen to you in just about any country, for any business you can imagine, but some countries like Croatia still don't require KYC  when buying/selling BTC up to certain amount, and I doubt it's the only one in Europe with such laws.

I was wondering who used ATMs nowadays. There are a lot of exchanges not requiring passing kyc. ATMs charge higher fees.

You’d still leave a trace on an Exchange (i.e the exchange could keep track of your IP and disclose it to authorities if required), and the initial FIAT transfers (card or bank transfer) to the exchange to make the purchases will always indicate that you are into crypto to some degree. That is base enough for the taxation office to put you on its radar (in Spain at least).

An ATM that accepts FIAT will potentially avoid that, at the cost of higher fees. Mind you, some ATMs require you to provide a phone (where they send you a verification code), so all in all, you need to be sure of the complete process for the ATM to be really anonymous and worth the extra fee (to some).

There's only one way to confirm the authenticity of that information which is by trying it out even with little amount since they don't request for any form of identification! It is always difficult seeing an established platform that offers the sales and buying without kyc process or any identification but however, there are local vendors in my country that do buy and sell without identification but they are not on large scale, maybe you should ask your crypto friends around, they might know of a place

That will be great that you can buy and sell in bitcoin ATM with a higher limit. Your so lucky that buying and selling bitcoin in your country is open. But what about the transaction fee? Maybe it's too high like you if you make transactions in some online crypto exchanges.

I don't recommend transactions using Bitcoin ATM, don't be interested just because the transaction is without identification.
However, taking into account also the transaction fees that are quite large in my opinion, there are still many ways of Bitcoin
transactions in Europe without identification. Like using local exchanges which are more recommended for use. And there are
several countries in Europe which has legalized Bitcoin, so it can be Bitcoin transactions on physical exchanges.

Great, you can do it in your country so easily. As we know that BTC is still illegal in many countries and they must buy the coin anonymously in certain exchanges.
But talking about Bitcoin ATM, is the fee so high for the transaction? You may not be a matter of it, but some people may feel hard about the fees.
But of course, if you want something better and easier, you must pay more. this is also what you need to spend if going to buy BTC on BTC ATM privately whenever and wherever you are.
In this case, actually there are also some decentralized exchanges that require no identification so it is anonymously. But, I don't know whether they work in your country or not. 

No need to fly anywhere or leave the house when you can just register through an P2P exchange without identification, KYC and ID's.
The best bet to buy Bitcoins or under the counter is Localcryptos or local.Bitcoin.com there's a range of options from paypal to bank transfer and gift cards and your details will only be disclosed to the seller. Sending anonymously is creating an paypal account that's not name to you.

Incorrect, the domain you’re looking for is www.localbitcoins.com

However, there are ATMs in Austria where, for example, a mobile phone number is sufficient for up to 1000 euros. Standard is the 250 Euro as you say but there are exceptions at other locations :)

I am just signing in this thread as we are discussing shitcoinclub.de rules on the Italian board, if you are interested.

Apparently they are well aware of the “shadiness” of their business plan and were expecting some retaliation from Bafin and other legal entities. The fact they were expecting those moves makes me think they have some “countermeasures” (I don’t even know if we can call them so..) to go on with their business.
In Italy they claimed a 15k limit for KYC/less operation. I wouldn’t neve risk so much. And apparently, from track record provided by a monitoring tool by @Babo, is not so common to see such operations.

Link to thread:
Comprare Bitcoin senza KYC: Bitcoin bancomat a Milano rispettoso della Privacy (https://bitcointalk.org/index.php?topic=5219223)

This is the first time i am seeing an ATM allowing to purchase a huge amount without verification, but my doubt is that why would you travel this much and spent an extra 500 Euro and you are doing that to take care of your privacy  :-\. If you are planning to purchase huge amounts you could find over the counter sales with minimal verification to identify the amount is not coming from illegal source.

Try peer to peer transactions whoch does not require identifications, if that is your concern but sometimes it is hard to find a group, not sure also if this kind exists in your country but it would be worthy to try.
Maybe those people are not aware of exchanges and there is a tendency that they are not aware of cryptocurrencies in general except for the easy ways which is open in public such as ATM. They might be the ones investing to Bitcoin because it is popular or they just need to buy something overseas that requires Bitcoin as a mode of payment. To put it simply, tbey might not be a "regular" crypto investor, I guess.

I wonder if you are talking about the available crypto wallets in your country where you cannot use it without submitting any KYC.

We also have it here but I was able to bypass it by buying someones identity to verify my account, though it is not the best solution
to your problem. We also have a bitcoin ATM here in our country and I didn't see any ID requirements here, though I am not sure if
it is available for cash in as I know so far that it was being used to cash out crypto assets.

That is obvious. The markup can range from 5% to 15%. But if you want complete anonymity, then there is no other option available for cryptocurrency users (I assume that there are no CCTVs installed near the ATM. Even if there is one, you can always use a mask and face-shield and say that it is to prevent COVID 19). Localbitcoins and exchanges nowadays ask for all sort of KYC documents. Peer-to-peer trading options are always there, but I would avoid them like plague.

I don't exactly know how it works on other countries, but in Italy, when you send money to a crypto exchange, your Bank immediately signals this to the Bank of Italy as suspect operation. This do not means there 's anything illegal, but just "suspect".
So no point having a KYC free exchange when you are sending them money trough a KYC channel.
This is why ATM have higher fees: anonymity and privacy have a (mostly undervalued) price.