Margo Bitcoin ATM Daily Limits
At Margo, we prioritize both convenience and security for our Bitcoin ATM users. We have established different Know Your Customer (KYC) tiers to streamline the process for you while ensuring compliance. Below are our tiered limits and information requirements.
KYC Tiers
Basic Tier
• Daily Limit: $0 – $10,000
• Requirements: Name, Phone Number, SMS verification, PIN, Date of Birth
Gold Tier
• Daily Limit: $10,000 – $74,999
• Requirements: Address, Government ID Document, Social Security Number (SSN)
State-Specific Exceptions
For customers in California, Minnesota, and New Mexico, specific KYC limits apply.
California
• Daily Limit: $1,000
• Requirements: Name, Phone Number, SMS verification, Date of Birth
Minnesota
• Daily Limit: $2,000
• Requirements: Name, Phone Number, SMS verification, Date of Birth
New Mexico
• Basic Tier: $0 – $999
• Requirements: Name, Phone Number, SMS verification, Date of Birth
• Gold Tier: $1,000 – $75,000
• Requirements: Name, Phone Number, SMS verification, Date of Birth, Address, Government ID Document, SSN
Why Do We Need This Information?
To comply with federal and state regulations, we require certain information to verify your identity and keep you safe. Our secure system ensures your data remains confidential while allowing you to transact securely.
Have questions? Contact our support team to learn more about our KYC requirements and daily limits in your state.
