A Comprehensive Guide to Identity Verification with Localcoin

Localcoin

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A Comprehensive Guide to Identity Verification with Localcoin

FAQ

Localcoin's fee ranges from 10-15%, varying based on the ATM's location. The fee is already integrated into the Bitcoin price displayed and confirmed on the machine.

For more information, head over to the fees page.

Yes, ID verification is always required when using Bitcoin ATMs in Australia. These machines typically follow "Know Your Customer" (KYC) and Anti-Money Laundering (AML) regulations, requiring users to verify their identity. Government-issued photo ID and sometimes a phone number are commonly requested during the verification process.

To locate Bitcoin ATMs in Australia, head to Localcoin’s map section, which provides up-to-date listings of Bitcoin ATM locations across Australia. Simply enter your location or use the map to find the nearest Bitcoin ATM to you.