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Author Topic: Bitcoin ATM machines wanted united kindom  (Read 79 times)
GoldAndSilver (OP)
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Today at 02:55:30 AM
 #1

Greetings!

Last shop I know of said they took there machine away

Basically I want a machine that I can insert say 20/40/50 quid into it and insert a hard wallet to top it up

Any ideas please?
Thanks
rat03gopoh
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Today at 03:14:42 AM
 #2

Nearly all illegal Bitcoin ATMs have been shut down in the UK; perhaps the store you're referring to was one of the targets of the massive ATM shutdown operation in 2022. bta.lk/t/5389248
I'm not sure exactly how to start this business, but perhaps you can start from this page: coinatmradar.com/blog/how-to-start-a-bitcoin-atm-business/

You should definitely seek legal advice.

 
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SeriouslyGiveaway
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Today at 03:30:24 AM
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 #3

Nearly all illegal Bitcoin ATMs have been shut down in the UK; perhaps the store you're referring to was one of the targets of the massive ATM shutdown operation in 2022. bta.lk/t/5389248
I'm not sure exactly how to start this business, but perhaps you can start from this page: coinatmradar.com/blog/how-to-start-a-bitcoin-atm-business/

You should definitely seek legal advice.
The UK is one of most strictest nations in cryptocurrency regulations recent years.
Cryptocurrency regulations in the UK.

Warning on illegal crypto ATMs operating in the UK.
FCA says all UK crypto ATMs must be shut down. It's the news in 2022 as you mentioned and with MICA enforcement in the European Union, I don't think it's legal and possible to run crypto ATMs in the UK now.


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OmegaStarScream
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Today at 07:21:33 AM
 #4

So as mentioned above, the UK no longer has any Bitcoin ATMs running: https://coinatmradar.com/country/225/bitcoin-atm-united-kingdom/

Is there any reason as to why you want to use ATMs instead of an exchange? ATMs usually come with higher fees, and daily limits anyway. but if it's KYC what you want to avoid, I suggest look into: Bisq, Peach and RoboSats.

 
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stompix
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Today at 07:43:59 AM
 #5

FCA says all UK crypto ATMs must be shut down. It's the news in 2022 as you mentioned and with MICA enforcement in the European Union, I don't think it's legal and possible to run crypto ATMs in the UK now.

The UK is not part of the EU and will not enforce MICA in any way!
All the owners of Bitcoin ATMs had to enrol with the UK's own MLR scheme, none actually did so and preferred to shut down, we all know why!
https://www.fca.org.uk/news/news-stories/warning-illegal-crypto-atms-operating-uk

Basically I want a machine that I can insert say 20/40/50 quid into it and insert a hard wallet to top it up
Any ideas please?

Book a train 1 ticket one month in advance to get it cheap and go to Rotterdam! Or a ferry ride!  Wink

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dkbit98
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Today at 06:11:16 PM
 #6

Any ideas please?
Even if they existed physically they would not work for you in UK, and you won't be able to buy/sell bitcoin.
Alternative options you have is to check Peach Bitcoin app and see if there are any offers for your region, or use some of the crypto cards, there are even no-kyc versions.


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