End of Anonymous Bitcoin ATMs in Spain; Act Before January 1, 2025

• Starting January 2025, all Bitcoin ATM users in Spain are ending anonymous transactions by requiring KYC for ATM transactions.
• Some operators are still offering privacy. For example, Bitomat comes into the picture with 62 Bitcoin ATMs in Spain, a daily limit of $990 for anonymous transactions, and 1% fee discounts.
• Users who sign up for Bitomat’s newsletter receive a voucher worth €20–€100, which is redeemable for cash or crypto at their ATMs. Every signed-up person wins a voucher.
• Time is running out for users to experience anonymous transactions before new regulations take effect on the 1st of January 2025.

Regulations are tightening in Spain, and anonymous Bitcoin transactions are nearing their final days.

Starting on 1 January 2025, KYC (or Know Your Customer) requirements will begin to require identity verification for all Bitcoin ATM users in the country.

However, there is still time to experience true privacy before this happens. For example, there is Bitomat, Spain’s largest operator of self-service anonymous Bitcoin ATMs.

Here’s everything you need to know.

Why Does Bitomat Stand Out?

Bitomat has 62 ATMs across Spain and offers unmatched access to secure and anonymous crypto transactions. 

It shines on fronts like:

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Generous Limits Without KYC

Bitomat ATMs currently allow users to transact up to €990 per day without the need for identity verification. That makes it the provider of the highest limit available on the market today.

Lowest Fees in the Industry

CoinATMRadar statistics confirm that Bitomat boasts some of the lowest fees globally.

These range from 0% during special events to just +3% over exchange rates. Interestingly, in comparison, most operators charge an average fee of 8-15%.

User Privacy First

Unlike other Bitcoin ATM operators, Bitomat ensures complete privacy within the boundaries of local laws. Unless limits are exceeded, there is no need for things like phone verification or even facial recognition.

Don’t Miss This Exclusive Newsletter Offer

Bitomat is making it even easier for users to experience their ATMs before the new regulations occur. 

Users can sign up for their newsletter using this link and receive a voucher worth between €20–€100. 

These vouchers can then be scanned at any Bitomat ATM to redeem cash or crypto instantly.

Straightforward Transactions on Bitomat’s ATMs

Aside from all the aforementioned benefits of transacting on Bitomat, buying and selling crypto is as easy as ever. The detailed guide can be read on the page How to Sell Bitcoin to Cash.

To buy some crypto, users can easily scan a QR code from their wallet and have the digital currency transferred in after inserting cash.

On the flip side, users can sell by transferring assets to a provided address. They then receive a barcode, which can be scanned at the ATM to withdraw cash.

Customers can even initiate large transfers online and visit the ATM once the transaction has been confirmed. 

Pro Tips for Optimal Use

Here are some great tips to make the most out of Bitomat ATMs before the deadline.

To begin with, avoid testing ATMs with small amounts like €20, as Bitcoin’s gas fees can be high. 

Instead, use cryptocurrencies like TRX or USDT (TRC-20), which are more cost-effective for small-scale transactions.

You can use Bitomat ATMs for substantial BTC or ETH transactions, which are optimized for amounts averaging €10,000 or more.

Expanding Reach with Global Operations

Bitomat isn’t the only largest operator in Spain. It is a global powerhouse with 260 ATMs, working across as many as 15 countries, some of which include Poland, Italy, Romania, and Turkey. 

There are currently ongoing expansions into further regions like South America and Africa, with Bitomat actively shaping the future of anonymous crypto transactions.

Overall, in an era of increasing surveillance and high transaction costs, Bitomat’s commitment to privacy is revolutionary. 

Their ATMs are among the 1.4% globally that charge 0% fees during promotional periods as a way to ensure accessibility for all.

The Clock is Ticking

Don’t miss your chance to transact anonymously at Bitomat ATMs before KYC requirements take effect in 2025! 

Sign up for the newsletter and claim your voucher today! Don’t miss out on this chance to experience unparalleled privacy and convenience today!

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