Bitcoin ATMs
Buy bitcoin with cash at thousands of locations worldwide.
A Bitcoin ATM lets you buy bitcoin with cash. You insert bills, scan a QR code from your Bitcoin wallet, and receive bitcoin in minutes. Some Bitcoin ATMs also work in reverse, letting you sell bitcoin and withdraw cash.
Why Use a Bitcoin ATM?
Bitcoin ATMs offer a straightforward buying experience, especially for people who are new to Bitcoin or prefer using cash. Most people are already familiar with how ATMs work, so the process feels intuitive.
For smaller purchases, many ATMs require minimal or no identification. This varies by operator and jurisdiction, as regulations have tightened in recent years. Larger transactions (typically above $250-$500) usually require identity verification at most machines.
Disadvantages
The main downside is cost. Bitcoin ATMs typically charge fees of 5-15%, significantly higher than buying on an exchange. The premium reflects the convenience, cash handling, and physical infrastructure costs.
Availability can also be an issue depending on your location, though the global network has grown to over 30,000 machines.
How to Find a Bitcoin ATM
Coin ATM Radar maintains the most comprehensive map of Bitcoin ATM locations worldwide. Enter your address to find nearby machines, along with details on fees, supported coins, hours, and buy/sell limits.
How to Buy Bitcoin at a Bitcoin ATM
The exact steps vary by manufacturer, but the general process is:
- Select "Buy Bitcoin" on the ATM screen.
- Choose the amount you want to purchase.
- Scan the QR code from your Bitcoin wallet (or the ATM may generate a paper wallet for you).
- Insert cash.
- Confirm the transaction. Bitcoin is sent to your wallet, typically within minutes.