Summary
There are thousands of Bitcoin ATMs located across the United States, meaning the chances are high that there’s probably a Bitcoin ATM near you. Bitcoin ATMs are usually located in convenient locations like grocery stores, pharmacies, shopping malls, and gas stations.
So, you’re ready to jump into the world of crypto and make your first trip to a Bitcoin ATM near you. That’s great! Cryptocurrency has been on the rise in the last few years, and it’s expected to continue growing over the next decade. Bitcoin ATMs are gaining popularity as well, thanks to how easy they make it to buy and sell crypto with cash. The first step to getting started? Find a Bitcoin ATM near you.
About Bitcoin ATMs
If you’ve never heard of a Bitcoin ATM, the whole idea of it might seem confusing. But Bitcoin ATMs are actually on the rise. That’s because they are easy to use, fast, and accessible – providing millions of people an easy way to sell and buy crypto for cash. Whether you’re a seasoned digital asset trader or brand new to cryptocurrency, using a Bitcoin ATM couldn’t be easier.
Here are a few more basic facts about Bitcoin ATMs:
- They allow users to buy and sell cryptocurrencies like Bitcoin, Ethereum, Dogecoin, XLM, and Polygon
- Offer a fast and easy way to complete crypto-to-cash transactions
- Use blockchain technology to process transactions securely
- Don’t require the use of a debit or credit card
- Typically charge a small processing fee
Where Can I Find a Bitcoin ATM Near Me?
There are thousands of Bitcoin ATMs located across the United States, meaning the chances are high that there’s probably a Bitcoin ATM near you. Bitcoin ATMs are usually located in convenient locations like grocery stores, pharmacies, shopping malls, and gas stations. That means it’s easier for you to find a Bitcoin ATM and make cash-to-crypto transactions without having to go out of your way.
How to Find a Bitcoin ATM Near You
If you’re hoping to find a Bitcoin ATM operated by a particular company, many providers have Bitcoin ATM locators. To use a Bitcoin ATM locator, you simply type in your zip code or address, and the locator displays a map with a list of Bitcoin ATMs near you.
Using a Bitcoin ATM Locator
The easiest and quickest way to find a Bitcoin ATM near you is by using a Bitcoin ATM locator. However, there are some things to keep in mind when using one of these handy tools.
Safety and Security
There are tons of Bitcoin ATM locators across the Internet. While most may mean well, it’s always best to use a locator developed by a reputable and trustworthy source, such as the Bitcoin ATM provider themselves. You should also research the Bitcoin ATM provider you plan to use. Doing this ensures the Bitcoin ATM you visit is licensed, secure, and safe to use.
Cryptocurrency
It’s best to make sure the Bitcoin ATM you want to visit has the ability to exchange the cryptocurrency you’re hoping to buy or sell. Coinme’s Bitcoin ATM locator has a function that allows you to filter out any kiosks that don’t support transactions in your preferred cryptocurrency.
Buying vs. Selling
While some Bitcoin ATMs allow you to perform both transactions, a majority are designed to support either buying or selling exclusively. You should ensure the ATM you plan to visit can perform the right transaction. At Coinme, we clearly distinguish between participating ATMs that provide instant cash pickup and Bitcoin ATMs where you can purchase cryptocurrency with cash.
Getting Directions
Most Bitcoin ATMs are located within a building or establishment like a grocery store or shopping mall. This can make finding their exact location somewhat tricky, especially if the locator you’re using only provides a street address. A good Bitcoin ATM locator will provide details on the name of the store or building where the Bitcoin ATM is located. Many even include directions on how to get there!
Hours of Operation
If the Bitcoin ATM you’re accessing is located within a business like a store, you should check the hours of operation of that location to ensure you’ll be able to access the ATM. The Coinme locator provides quick links to Google Maps location pins that show the hours of operation for locations with a participating Bitcoin ATM.
Bitcoin ATM Fees
Many Bitcoin ATM locators will give you additional information on the fees that the Bitcoin ATM charges. Depending on the kiosk providers, fees can range from 6.99% up to 20% – but many of these rates don’t include additional, hidden fees. Coinme’s Coinstar ATM network offers a competitive fee of 15% per transaction, with no hidden fees.
Using a Bitcoin ATM
Once you’ve found a Bitcoin ATM near you, it’s important you know how to use it, too! Here’s a quick breakdown of the steps for using a Bitcoin ATM, depending on whether you’re selling or buying cryptocurrency with cash.
Buy Cryptocurrency from a Bitcoin ATM
- Create an account with the Bitcoin ATM provider if you don’t already have one.
- Visit the Bitcoin ATM. At Coinme, we work with Coinstar ATMs to provide every level of trader, from beginner to advanced, with a user-friendly experience.
- Select the cryptocurrency you want to purchase.
- Verify your identity using two-factor authentication, usually by receiving a unique code via text message.
- View the exchange rate for your selected cryptocurrency based on current market prices.
- Insert cash to buy crypto.
- Access your newly purchased digital assets via your crypto wallet in seconds.
Sell Crypto for Cash at a Bitcoin ATM
- Ensure your account has crypto in it before trading.
- Verify your identity within the Coinme mobile app to initiate a sale.
- Choose the amount of crypto you want to sell and confirm details like the sale price and any fees.
- Receive a unique cash code via an in-app or text message notification.
- Visit a participating ATM that allows cash pickup. Coinme offers instant cash pickup at over 22,000 ATMs nationwide.
- Verify your identity using your unique cash code and phone number.
- Instantly withdraw your cash.
International Bitcoin ATM Locations
You might have difficulty finding a Bitcoin ATM if you’re based or traveling outside the United States. After all, North America has the highest concentration of crypto kiosks in the world. But other countries are aiming to catch up. For example, Spain is making strides to become a Bitcoin hub and currently has the highest number of Bitcoin ATMs in Europe.
Find A Coinme Location Near You
At Coinme, we strive to make cryptocurrency more accessible to everyone by offering multiple options for people to buy and sell cryptocurrency with cash. With over 40,000 participating ATMs, we have the most extensive cryptocurrency cash network in the world:
- Coinme-powered Coinstar Bitcoin ATMs (over 9,500 locations) are a convenient option for buying crypto on the go.
- MoneyGram participating locations provide a low-fee alternative to buying crypto in minutes.
- Cash-out ATMs (over 22,000 locations) that allow users to instantly get cash for selling crypto
Whether you’re in the heart of a major city, spending the day at a suburban shopping center, or just picking up your groceries, our user-friendly ATMs empower you to seamlessly convert cryptocurrency to real cash – and vice versa. Ready to get started? Create an account today.
