How works CryptoCurrency ATM ? (lemmy.ml)

submitted 9 months ago* (last edited 9 months ago) by Donatello@lemmy.ml to c/crypto@lemmy.ml

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Hi,

I just discovered that Cryptocurrency ATM exist and since a "while" !

Here, it's a total blackout about it ! see https://coinatmradar.com/ and check how much there is in ~~France~~ Marconie you will get what I'm talking about..

So the question, is how it work to buy or sell XMR ?
Is those machine require a ID proof ? If yes it's pointless..

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[-] KOBVLT@lemmy.ml 1 points 8 months ago* (last edited 8 months ago)

In some countries you dont need an ID for cryptocurrency ATM. I dont cash out to fiat because fiat is pointless (my opinion).

To buy XMR you would buy Litecoin (or something with cheap fees) and then use exchange or service to trade them to Monero. You can use trocador. I vouch for them.