Bitcoin ATM machines wanted united kindom

[GoldAndSilver]

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]

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.

[SeriouslyGiveaway]

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.

[OmegaStarScream]

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.

[stompix]

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! 

[dkbit98]

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.

[Cryptomultiplier]

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.

There are strict regulations against Bitcoin ATM machines in the UK and under the FCA, any business intending to or already operating a crypto asset exchange must be fully registered and approved by the FCA.
That makes Peach Bitcoin app a better choice to use or any non-Custodial & P2P decentralized system or any FCA-Registered Digital Exchanges, but the bottom line is that crypto currencies in the Uk is heavily monitored and there could even be limits for daily transactions if you go through the major banks.

https://www.generalbytes.com/en/united-kingdom-wzhlf?hl=en-US#

   

[YOSHIE]

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

The operator who ran the Bitcoin ATM network in the UK has already been jailed, so there is no idea or way for ATMs in the UK to be allowed again, unless it is legal by the British authorities, but I think that is not approved.

The reason for closing Bitcoin ATMs in the UK, is because they are legally wrong because they are involved in several cases, such as criminal activity, money laundering as well as other fraudulent acts, Overall there is no hope for Bitcoin users, ATMs can operate normally in the UK, the government has banned them.

Automatically the UK has passed a legally valid law to prohibit Bitcoin ATMs in any form, this is a bad idea for users who want to use Bitcoin ATMs.

[SatoPrincess]

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

The operator who ran the Bitcoin ATM network in the UK has already been jailed, so there is no idea or way for ATMs in the UK to be allowed again, unless it is legal by the British authorities, but I think that is not approved.

The reason for closing Bitcoin ATMs in the UK, is because they are legally wrong because they are involved in several cases, such as criminal activity, money laundering as well as other fraudulent acts, Overall there is no hope for Bitcoin users, ATMs can operate normally in the UK, the government has banned them.

Automatically the UK has passed a legally valid law to prohibit Bitcoin ATMs in any form, this is a bad idea for users who want to use Bitcoin ATMs.

Part of the argument why bitcoin ATMs were banned was that people who were using the bitcoin atms were either being scammed or were involved in some illegal activity. Personally, I don’t see the advantage of using a bitcoin atm, they charge ridiculous fees, and still require kyc depending on the amount of money. OP if your reason for using bitcoin ATMs is privacy, then you should consider using decentralized exchanges like bisq.

[coinlary]

Why do you specifically need the ATM in a country that'sstrict with KYC ? There's basically nothing I can do without kyc when I use a UK server from my VPN without a request for my kyc .  Using an ATM will require a KYC so why not just try am online service like the one mentioned by dkbit.

If it's  about just using only  cash then go a different  location to do it,  unless it's a load of cash 😏.

[PrivacyG]

Why do you specifically need the ATM in a country that'sstrict with KYC ?

They probably live there.  Most people would look for one in their own country before even considering going to another country for '20/40/50 quid'.  At that point it may not even be worth it.

[Ronsbit]

I have done a little check online to see what's with the UK rules on Bitcoin ATM but it seems that the UK are very strict in not wanting to run Bitcoin ATM as the totally declared a shutdown on all existing ATMs year's back and till this moment there are no ATM machine running in the UK if I am not mistaken except a secret hidden on that is out of the public knowledge. But it would be difficult to get it into the UK to operate. So OP, I don't know your reasons for asking this question but I will advise you opt for recognised exchange that operates on the UK so as to avoid having issues with the UK government.

[PX-Z]

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

You'd better not, especially if you're in the UK. You could end up in jail, and even if you get bail, that doesn't remove your legal responsibility or the charges against you.

If i were in your position, i'd seriously reconsider that decision. Bitcoin ATM operations are illegal there, so think carefully before making your final decision.

[GoldAndSilver]

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.

What Where they doing; child trafficing and drug smuggling and arms deal or something?

BTW image attached of from the link that you provided for your consideration

Oh BTW no image upload button; great forum BTW! NOT!


unless this means anything in secret code that is
http://what the fk am I supposed to type hear?

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.

Because they are all currupt bastards online and in the banking sector. All cut fro mthe same cloth of cource

I am not going to be ripped off by some computer! nor my idenity stolen and sold on wall street by there criminal Rothschild family friends & Co.

https://www.youtube.com/watch?v=Nyvxt1svxso

KYC bisq and robosats???

[SatoPrincess]

OP if your reason for using bitcoin ATMs is privacy, then you should consider using decentralized exchanges like bisq.

it is prodominatly cash and face to face with personal exchange
But what is decentralized exchanges like bisq? is it internet?

IMO chances of legit face to face bitcoin transaction is slim especially with wrench attacks becoming more frequent.

From your previous post, I gather that you are sceptical of using exchanges for reasons you already mentioned. However, your identity cannot be stolen if you use Bisq because they don’t require kyc to trade bitcoin. You can find more non-kyc exchanges here: https://kycnot.me/

[stompix]

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

As i asked above; so you can get a Bitcoin ATM in Rotterdam right? where ells in Europe or in the world? I mean is there some kind of directory that I can find out?

Rotterdam, Amsterdam, Brussels or go further east to Switzerland or from the start south to Spain.
https://coinatmradar.com/

Check the actual status of those on the map, just their existence doesn't mean they are still running (Germany for example, is a no go).

[rat03gopoh]

What Where they doing; child trafficing and drug smuggling and arms deal or something?
BTW image attached of from the link that you provided for your consideration

Sober yourself first before continuing the discussion, I think you are drunk or even since this topic was created. To see the image, you have to open your eyes first. Oh! The image looks fine on my end, BTW, it's not my site and it's not associated with this forum.

Oh BTW no image upload button; great forum BTW! NOT!


unless this means anything in secret code that is

post your image on talkimg.com, then copy the link code to your post (do not change the copied code). We will quote it for visibility.

Thanks BTW! NOT!

[tbct_mt2]

Oh BTW no image upload button; great forum BTW! NOT!


unless this means anything in secret code that is

post your image on talkimg.com, then copy the link code to your post (do not change the copied code). We will quote it for visibility.

Thanks BTW! NOT!

Two guides for GoldAndSilver to upload on some sites, and post them in the forum.

Guide: Best practices for using images on the forum/web.
New User Guide: How do I post images on the forum?
Image uploading websites/ scripts for Bitcointalk users.
Guideline on posting images (with size adjustments), hyperlinks

[Z-tight]

Because they are all currupt bastards online and in the banking sector. All cut fro mthe same cloth of cource

I am not going to be ripped off by some computer! nor my idenity stolen and sold on wall street by there criminal Rothschild family friends & Co.

In case you do not know, BTC atm providers also request for kyc too, in order to comply with Anti-Money Laundering laws and other regulatory requirements for operation. Most machines would require your ID if you want to trade amounts as high as a thousand dollars, and at least a mobile number for smaller tx's. BTC atm's also charge higher fees on top of that, so it is likely not the best solution to your 'problem'.

[OcTradism]

In case you do not know, BTC atm providers also request for kyc too, in order to comply with Anti-Money Laundering laws and other regulatory requirements for operation. Most machines would require your ID if you want to trade amounts as high as a thousand dollars, and at least a mobile number for smaller tx's. BTC atm's also charge higher fees on top of that, so it is likely not the best solution to your 'problem'.

Bitcoin and cryptocurency ATMs don't give users comfortable service fees for both selling and buying. Their service fees are very expensive and surely not competitive with other methods so such ATMs are very last choices because nobody want to lose 10% or 15% more for service fee.

If people are not careful enough while using such ATMs, they will lose a lot of money, like this.
Bitcoin ATM Deposit Exchange Rate shocks
Understanding Bitcoin ATMs: Definition, Fees, and Global Locations

Fees can be high, ranging from 10% to 20% per transaction. Consumers should be cautious, as scammers often send people to Bitcoin ATMs to send them money, and it's challenging to get it back.