Not exactly. The ATMs I've used have two limits. One limit (usually EUR250 or EUR500 depending on the operator) is for without ID (and anonymous) the other is no limit (that I'm aware of) and you have to set up an account with ID verification.

So you can do anonymous transactions but only up to a certain limit each machine, each day.

The majority only allow you to deposit but some will allow you to withdraw as well. They are much harder to find though. You can find out where your closest ones are here:

(I am assuming you're in the UK but if not follow the links to your country)

Bitcoin ATMs in UK

Whilst the fees and exchange rates can be frustrating, they are nothing on having your funds stuck in an exchange!

Wow that's terrible. I've never had that issue with Bittrex. They've been really good... so far...

While I'm at it. I spent up to my limit with them for my credit card (in Euros). It was initially EUR250 or so. Then when I spent that they increased it to EUR750. To get it larger than that I have to wait 30 days. OK I get it. That's a credit card reporting period. But seriously? wtf. Coinbase has lost my business. The endless hurdles you have to jump through and then their site either crashes or they introduce a new hurdle (and these hurdles aren't written down anywhere).

FYI - their support page says their ID document verification is delayed for some customers due to high traffic. So good luck!

Hey mate, it took me ages to get verified with them. Also when I withdrew funds they locked them in a hold for 72 hours or so unless I re-verified again (bloody frustrating). Essentially with the massive increase in account numbers it can take well over a week to get verified. Be patient. It's annoying but it'll happen. I've since moved to Bitcoin ATMs directly to my exchange wallet for trading or offline wallet for holding. Faster, more convenient and actual control over my money so it's not being held hostage by a third company which crashes whenever there's significant price movement.

I almost wet myself laughing.

HitBTC are currently under heavy DDoS attack according to their twitter. They're working on bringing the platform back online.

Take a chill pill WeMakeMoney. You should tweet them not just post in this thread.

Yeah the company locking away their share was an excellent idea. Glad I bought in yesterday morning! Now to take my 65% wins or HODL... that is the true question...

I use give me coins. What are you having issues with? I'm happy to provide advice if you need.

I saw this yesterday and wondered if it was the reasoning behind the pump of the last 24 hours. So many lazy people out there that don't want to do their own research and just jump on anything.

Love it. I'm waiting for the next Airdrop announcement that includes this in their title.

Hi Wolf,

I joined your channel. I'll have a look at your trades and once I have some free time I'll be happy to join in. Thanks for sharing.

The fees charged on most ATMs here are 3-3.5 percent. I used one yesterday and by the time I got home I'd made the money back. I could transfer straight into an exchange account to avoid the extra transaction fees (which can be quite high now) of moving from a site like Coinbase to HitBTC. Plus Coinbase delayed my last transaction by 72 hours for "verification" purposes. Despite me having completed multiple ID verifications with them (ID, passport, bank account, etc). For convenience and speed I'm happy with the fees.

I live in Europe (Austria) and I've found that according to coinatmradar there's a wide range of cash limits regarding Anonymous transactions with bitcoin ATMs. I travel quite a bit for work and was curious what the other limits are in countries around the world?

In Austria there appears to be two limits. Some ATMs are listed as EUR500 and others EUR250 without ID. However according to coinatmradar there's one in Bratislava which accepts up to EUR5,000.

Previously I haven't used them as the fees are more than an exchange like Coinbase, however with the increased transaction fees on the network and their lower fees combined it's actually cheaper for me now to use the ATMs. Plus I like the anonymity. Though I have been careful to check the ATM fees prior as some are outrageous.

I understand the owners configure the cash limits but they must be regulated by their countries laws regarding money laundering. As a business like that would be heavily scrutinized.

So what's the limits on the country where you live? If you are lucky enough to have them!

I sold out my XRP holdings yesterday morning to buy in on Verge. My dismay at the XRP pump was soon forgotten when Verge rose 30% in about 6 hours off my buy price (around 50 satoshis). 

It took a long time for my wallet client to update. Just wait it out. I think mine was running for a full week or so before it finished updating.

Here's hoping. I'm concerned that both LTC and ETH are just getting pumped by the uninformed coinbase account owners who see it as a cheaper option to BTC.

Hi Sparker, I'm using ccminer 2.2.2 (Oct. 2017) "phi and hsr algos". I'll have a look for alexis 1.0. I'm running a laptop 1070 card not full size so don't expect anything near 1.3 but will give alexis 1.0 a crack thanks 

I only allocate what I can afford to lose to bitcoin/altcoins. It would bother me but I'd probably, like the rest of the people here buy more.

This! Research, Research, Research. With the advent of the internet, all the information is out there and available (especially in great places like this forum). It just requires time and patience to study up. Something which I'm doing feverishly 

Thanks for the advice. I've since withdrawn all my holdings (bar some small altcoin XRP, FTC etc) from my Bittrex wallet. As I plan on HODLing there is no benefit to having my funds in their possession. I wasn't aware they had frozen accounts in the past (not that they'd advertise that fact). I've spoken with quite a few new crypto peeps though that mistake their exchange address for their "wallet". If you don't have access to the private key, your funds are not in your control!