How works CryptoCurrency ATM ? (lemmy.ml)

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

2 comments fedilink hide all child comments

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..

top 2 comments

sorted by: hot top controversial new old

[-] Electricd@lemmybefree.net 1 points 8 months ago* (last edited 8 months ago)

None in France, sadly. That’s not surprising though, they’re pretty anti-crypto, like to track money, and paying taxes on crypto is a fucking pain there

I heard some don’t require KYC if using small values, but I don’t know really

[-] 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.