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Author: Admin | 2025-04-28
What is a Bitcoin ATM? A Bitcoin ATM is a machine that buys or sells bitcoins for cash. How Does a Bitcoin ATM Work? It works almost like the ATMs you use today. There are a few differences: Instead of inserting your debit card and getting cash, you insert cash and get bitcoins sent to your Bitcoin wallet (if you are buying bitcoins). Some Bitcoin ATMs also let you sell bitcoins, so you would send bitcoins to the machine and the Bitcoin ATMs would spit out cash(1). You can read our guide on how to use a Bitcoin ATM machine. Why Use a Bitcoin ATM? Bitcoin ATMs are a good way to buy bitcoins if you have one near you. You can use Coin ATM Radar's map to find locations. Delivery of bitcoins with Bitcoin ATMs is instant, so you get your coins fast. Buying bitcoins with ATMs is also private, since no personal information is required at most ATMs. What are the Average Fees for Bitcoin ATMs? The average fees are about 5-10%, although this can vary greatly depending on your country. We built a Bitcoin ATM fee calculator. This allows you to compare the price of the ATM to the current Bitcoin price. Do Bitcoin ATMs Accept Credit Card? In most cases, no, due to the high risk of chargebacks on cryptocurrency transactions(2). Does Cardtronics Sell Bitcoin? Cardtronics ATMs do not sell bitcoins at this time. View ATMs by Country Finland Australia Chile Latvia Saudi Arabia Bitcoin ATMs are a popular way to buy bitcoins with cash. This guide will show you exactly how to use a Bitcoin ATM. Key Takeaways Bitcoin ATMs are easy to use. Just find one, travel to the ATM, and insert cash. The fees for buying crypto at an ATM generally range from 5-12%. Crypto ATMs usually only accept cash and don't accept credit card or debit card. How to Use a Bitcoin ATM An initial note: Bitcoin ATMs almost always make you buy bitcoins with cash. Credit card and debit card are not accepted. So the first step to buying bitcoins from
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