Cryptocurrency Q&A
Does Bitcoin machine ask for SSN?
Does Bitcoin machine ask for SSN?
ShintoBlessed
Wed Dec 18 2024
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7 answers
1613
I am considering using a Bitcoin machine, but I am concerned about privacy. Do these machines require personal information like Social Security Number (SSN) during transactions? I want to make sure my identity remains secure.
7 answers
JejuJoy
Fri Dec 20 2024
Bitcoin ATMs often necessitate personal identification details.
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AzrilTaufani
Fri Dec 20 2024
These details can include an ID card or even a Social Security number.
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KatanaSharpened
Fri Dec 20 2024
This requirement stems from the financial industry's KYC regulations.
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DaeguDiva
Fri Dec 20 2024
KYC stands for Know Your Customer and aims to prevent fraud.
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Nicola
Thu Dec 19 2024
While these measures enhance security, they also pose certain risks.
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