A question about withdrawing BTC

[Gumpfire]

Recently I became interested in the feasibility to withdraw btc through the atm. I read a lot of information about this, here, for example, article on changelly.
If you guys have a similar experience, please share it. I'm worried about the anonymity of such a method. And all in all, aren't such things contrary to the idea of cryptocurrency on the whole if you have as much anonymity when working with it as you do with fiat?

An ATM isn't anonymous, unless its in a place where you can use it while disguised/masked. Regardless of the ATM requiring you KYC or not (which can only make things worse) the fact that is a physical thing means it can have surveillance (and should, since vandals love breaking the things apart).

Some people find them convenient, i find them cumbersome (and horribly expensive). Your best chance for "anonymity" is online, perhaps even mining, but that option is rapidly disappearing.

Using ATM in withdrawing bitcoin is a good choice for conveniency, but then, as what he had said above, the anonymity will not really apply to it. Using ATMs requires information verification and authentication, and we all know it is because of the safety for everyone who will withdraw.

As many people are using bitcoin nowadays, there's a high chance that we will all need to verify our identities online to have a secure transaction.

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[Reid]

It will be each persons choice.
If they are comfortable with following the KYC method then it does not matter.
There are security when doing this kind of method.
Satoshi doesn't think of himself godly for him to discover something that would force us without options.

You can still stay half anonymous with bitcoin although every transaction could still be traced.
Don't think you are like those people who are hiding in bunkers that cannot be found just because you use bitcoin, there is still a way.

[Assface16678]

Recently I became interested in the feasibility to withdraw btc through the atm. I read a lot of information about this, here, for example, article on changelly.
If you guys have a similar experience, please share it. I'm worried about the anonymity of such a method. And all in all, aren't such things contrary to the idea of cryptocurrency on the whole if you have as much anonymity when working with it as you do with fiat?

An ATM isn't anonymous, unless its in a place where you can use it while disguised/masked. Regardless of the ATM requiring you KYC or not (which can only make things worse) the fact that is a physical thing means it can have surveillance (and should, since vandals love breaking the things apart).

Some people find them convenient, i find them cumbersome (and horribly expensive). Your best chance for "anonymity" is online, perhaps even mining, but that option is rapidly disappearing.

Using ATM in withdrawing bitcoin is a good choice for conveniency, but then, as what he had said above, the anonymity will not really apply to it. Using ATMs requires information verification and authentication, and we all know it is because of the safety for everyone who will withdraw.

As many people are using bitcoin nowadays, there's a high chance that we will all need to verify our identities online to have a secure transaction.

One of the good adaptation today is with the use of crypto currency it is they are now supporting the use of crypto currency because for now only few people accept the use of crypto because they are afraid with the security of their users and people who would like to use it. By that innovation many people want to have a faster and efficient atm that supports the crypto but now only few country accepts it but still you can do that if your country are supporting of atm crypto but if it does not it is better if you convert your crypto into fiat even it has a transaction fee for converting still some of us really need money or withdraw our funds to use our earnings. Hopefully other countries appreciate the use of it and also see the potential of the crypto to gain a lot of earning.

[ethereumhunter]

To be honest, I am not too worry as you. I think each crypto user will search and use their way to withdrawing Bitcoin. They will find one or two ways that can help them to withdraw bitcoin to their bank account. If they want to use the ATM, they can try to use it, and the different thing will happen too with someone who doesn't want to use the ATM.

Crypto user still care about the anonymity, and gladly, in the crypto world, we have so many ways that we can use to withdraw Bitcoin. So you don't have to worry with that because you can select the other way if you are afraid to use the ATM.

[Debonaire217]

To be honest, I am not too worry as you. I think each crypto user will search and use their way to withdrawing Bitcoin. They will find one or two ways that can help them to withdraw bitcoin to their bank account. If they want to use the ATM, they can try to use it, and the different thing will happen too with someone who doesn't want to use the ATM.

In terms of using an ATM intended for bitcoin, it isn't necessary to provide credentials or to give up our anonymity for withdrawing, take note, we are in the cryptocurrency world and we could transact even without exposing who we are. And I guess it is just a choice if we want to withdraw bitcoin in ATM if that particular ATM requires exposing who we are.

Crypto user still care about the anonymity, and gladly, in the crypto world, we have so many ways that we can use to withdraw Bitcoin. So you don't have to worry with that because you can select the other way if you are afraid to use the ATM.

In some other way around, it is not just ATM that is the means of withdrawing cryptocurrency. In addition, if we've provided our credentials, it doesn't always mean that we are at risk. We could withdraw through banks as well, and we all know that it is our right to be protected instead of being exposed to risk.

[AniviaBtc]

Recently I became interested in the feasibility to withdraw btc through the atm. I read a lot of information about this, here, for example, article on changelly.
If you guys have a similar experience, please share it. I'm worried about the anonymity of such a method. And all in all, aren't such things contrary to the idea of cryptocurrency on the whole if you have as much anonymity when working with it as you do with fiat?

An ATM isn't anonymous, unless its in a place where you can use it while disguised/masked. Regardless of the ATM requiring you KYC or not (which can only make things worse) the fact that is a physical thing means it can have surveillance (and should, since vandals love breaking the things apart).

Some people find them convenient, i find them cumbersome (and horribly expensive). Your best chance for "anonymity" is online, perhaps even mining, but that option is rapidly disappearing.

Using ATM in withdrawing bitcoin is a good choice for conveniency, but then, as what he had said above, the anonymity will not really apply to it. Using ATMs requires information verification and authentication, and we all know it is because of the safety for everyone who will withdraw.

As many people are using bitcoin nowadays, there's a high chance that we will all need to verify our identities online to have a secure transaction.

Most of the atns were equipped with cameras so your security isn't safe with that. P2P is the real deal and the most reliable mode of transaction when it comes to withdrawing bitcoin. Most probably, the only hindrance is that if the government in your country adopted cryptocurrency already. Always check the possibility if the government will let their people mind their own business using bitcoin. I always tried to do P2P because it is more comfortable, effective and safe and you will never had a problem doing that if you really know the person you have a transaction with. So always secure your account and don't just use ATM if it's possible.

[White Christmas]

Recently I became interested in the feasibility to withdraw btc through the atm. I read a lot of information about this, here, for example, this article on changelly.
If you guys have a similar experience, please share it. I'm worried about the anonymity of such a method. And all in all, aren't such things contrary to the idea of cryptocurrency on the whole if you have as much anonymity when working with it as you do with fiat?

Actually you can do a withdrawal and depositing on a bitcoin atm but the thing is you need first to have been a kyc in order for you to purchase or sell bitcoin through the used of the bitcoin atm. For me myself I am not using bitcoin atm in my country because in my country we are using coins.ph and when we are withdrawing our money we are just converting it into fiat then we will be able to withdraw our money through the used of that platform that can be convert into fiat.

[blckhawk]

Recently I became interested in the feasibility to withdraw btc through the atm. I read a lot of information about this, here, for example, this article on changelly.
If you guys have a similar experience, please share it. I'm worried about the anonymity of such a method. And all in all, aren't such things contrary to the idea of cryptocurrency on the whole if you have as much anonymity when working with it as you do with fiat?

If you wary of anonymity then withdrawal through ATMs then it is not suitable for you but you can still somehow withdraw from it without letting anyone know that you are a crypto enthusiast, before take it out you could convert it first into fiat. Besides, I am not able to withdraw directly my crypto out from ATM for the reason that we don't have that yet in our place thus converting it first in fiat would fit in my case.

[wozzek23]

It is up to you on the way you want. There are people who are not much worried about privacy just as you are. Some people just don’t care, as long as they are getting what they want and the platform they are using is safe, then they wouldn’t worry about it.

I have been making use of coinbase for a while now and I’m never worried about the KYC, but there are some friends who don’t like making use of coinbase because they don’t like the fact that they are required to give out their information.And moreover I am not using Bitcoin ATMs because there are extra charges for using them, about 5% to 10%.. Instead of me to use an ATM I’d rather make purchase using  apps like Coin base and others.

[julius caesar]

Recently I became interested in the feasibility to withdraw btc through the atm. I read a lot of information about this, here, for example, this article on changelly.
If you guys have a similar experience, please share it. I'm worried about the anonymity of such a method. And all in all, aren't such things contrary to the idea of cryptocurrency on the whole if you have as much anonymity when working with it as you do with fiat?

It will bypass the main purpose of bitcoin which is to be able to transact anonymously. If we are going to have some ATM that allows us to be able to withdraw bitcoin, it will for surely gonna be centralized and the government will know our true identity. We must really take it slowly before implementing it so that it will not defeat the purpose of cryptocurrency.

[imstillthebest]

Recently I became interested in the feasibility to withdraw btc through the atm. I read a lot of information about this, here, for example, this article on changelly.
If you guys have a similar experience, please share it. I'm worried about the anonymity of such a method. And all in all, aren't such things contrary to the idea of cryptocurrency on the whole if you have as much anonymity when working with it as you do with fiat?

It will bypass the main purpose of bitcoin which is to be able to transact anonymously. If we are going to have some ATM that allows us to be able to withdraw bitcoin, it will for surely gonna be centralized and the government will know our true identity. We must really take it slowly before implementing it so that it will not defeat the purpose of cryptocurrency.

gee . thats scary man  . good thing there is no btc atm nearby on my place yet because i was conscious about my privacy and i just dont want to share my identity to someone else not even on this btc atm's   . btc will be nonesense then if it will be the same as fiat powered atm's  . if that is the case then ill will only use fiat   . i only use my btc for online purhcase anyway  and im happy with it  . transacting with btc online is surely anonymous and also fast than using centralized payment provider  .

[Shasha80]

Many people expect that in their country there are bitcoin ATM machines, because they want the convenience of bitcoin transactions in the real
world.But they all did not realize, with transactions using ATM machines will make transactions no longer anonymous.Because the bitcoin ATM
machine is no different from the fiat ATM machine which without the user realizing our identity is revealed.Because every ATM machine there
will definitely be a camera that records the ATM machine users. Thus our identity when using the bitcoin ATM machine can be known to the
government. So from that now I decided to be more comfortable use only online exchanges for bitcoin transactions.

[Hypnosis00]

Many people expect that in their country there are bitcoin ATM machines, because they want the convenience of bitcoin transactions in the real
world.But they all did not realize, with transactions using ATM machines will make transactions no longer anonymous.Because the bitcoin ATM
machine is no different from the fiat ATM machine which without the user realizing our identity is revealed.Because every ATM machine there
will definitely be a camera that records the ATM machine users. Thus our identity when using the bitcoin ATM machine can be known to the
government. So from that now I decided to be more comfortable use only online exchanges for bitcoin transactions.

There are traces left behind and recorder for any instances that could lead to investigation just in case if there is a questionable transaction happen.  Thus, having ATM for withdrawal option is not the best option to do if we want to keep anonymous.
Why there is a need to use ATM? Besides, we can make use of Bitcoin in direct online transactions and much safe when it regards to anonymity.