Does CoinHub Bitcoin ATM require ID?

When conducting transactions at the ATM, there are certain security measures in place to ensure the safety and legitimacy of the process. For purchases up to $2000, users are required to scan their Driver's License as a form of identification.

BTCC, a leading cryptocurrency exchange, offers a range of services to cater to the needs of its customers. These services include spot trading, where users can buy and sell cryptocurrencies at current market prices, as well as futures trading, which allows for the trading of contracts based on future prices.

For those looking to make larger purchases exceeding $3000, an additional step is necessary. In this case, customers must provide a 9-digit Tax ID number. This requirement helps to further verify the identity and financial status of the individual making the transaction.

The entire process, from scanning the Driver's License to entering the Tax ID, is designed to be quick and efficient. The ATM is equipped with advanced scanning technology that can quickly capture and verify the necessary information.

Once all the required information has been provided and verified, the transaction can be completed within minutes. This streamlined process makes it easy for users to quickly and securely buy or sell cryptocurrency through the ATM.