How To Find A Bitcoin ATM That Is Not A Scam

Now that you know all about popular scams and how Bitcoin ATMs can become licensed, let’s look at some tips on how to find a Bitcoin ATM that isn’t a scam. Ensure the Bitcoin ATM Operator is LicensedThe best way to find a secure Bitcoin ATM is to ensure the company operating the digital currency kiosk is licensed and regulated in your state. The tool will show you if the Bitcoin ATM operator is a licensed MSB and what states it is authorized to provide services in. Never send money to someone you don’t know, always question unusual requests for funds, and ask yourself if sending money via a digital kiosk makes sense in the situation. One of the best things you can do to avoid scams is to stay up-to-date on the latest tricks scammers are using.