• Rate varies on amount of goldbacks purchased
• Final goldback rate is quoted at time of bill insertion

Gold purchases at Bitstop Gold ATMs are limited to $50,000 per transaction, subject to applicable state-specific thresholds and identification (KYC) requirements.

Some states may enforce lower limits or additional verification steps depending on local regulations. Transactions that exceed certain thresholds may require ID verification to comply with anti-money-laundering (AML) and Know Your Customer (KYC) laws.

These safeguards help ensure a secure and compliant experience while maintaining fast, convenient access to gold through the Bitstop network.

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The Goldback® is a physical gold currency designed for everyday use. Created to circulate within applicable state laws, Goldbacks are currently available in Utah, Nevada, Wyoming, New Hampshire, South Dakota, and Florida.
Unlike traditional gold products that vary in premium, each Goldback denomination is precisely tied to a specific amount of gold and is interchangeable with the others. For example, a 50 Goldback contains 1/20th of a troy ounce of gold and can be exchanged for fifty 1 Goldbacks, each containing 1/1000th of a troy ounce. In total, 1,000 Goldbacks equal one full troy ounce of gold.

Today, more than 2,000 merchants accept Goldbacks as payment at the register.
They range from small businesses and local retailers to service providers and independent craftsmen, including cafés, restaurants, gift shops, jewelers, wellness centers, auto repair shops, and outdoor outfitters. Because Goldbacks hold intrinsic value, they can also be used in peer-to-peer or barter transactions worldwide, functioning as an alternative form of currency wherever people agree on value. Whether it’s a local purchase or a private exchange, Goldbacks move easily between hands, physical gold with everyday flexibility.

Yes. Goldbacks are fully legal to own, exchange, and use. They combine the long-standing tradition of local currencies in the United States with the proven, enduring value of gold. While thousands of local currencies and gold products exist today, Goldbacks are unique in that they merge both, creating a practical, spendable form of 24-karat gold. Each note holds real intrinsic value, making it a durable and inflation-resistant alternative to paper money.

Both Goldbacks and gold-backed tokens represent real gold, but in two very different forms.

Goldbacks are physical gold notes, made with layers of genuine 24-karat gold sealed between durable polymer for everyday handling. Each denomination contains a precise, verified amount of gold, giving you something tangible that can be saved, spent, collected, or traded.

Gold-backed tokens, like PAX Gold (PAXG) and Tether Gold (XAUt), are digital assets that represent ownership of physical gold stored in secure vaults. These tokens let you hold or transfer gold digitally, combining the trust of bullion with the flexibility of cryptocurrency.

Goldbacks are gold you can hold, while gold-backed tokens are gold you can send and store digitally. Both are available through select Bitstop Gold ATMs.

Both PAX Gold (PAXG) and Tether Gold (XAUt) are backed by real, physical gold held in secure, audited vaults.

For PAXG, each token is backed by one fine troy ounce of a London Good Delivery gold bar stored in Brink’s vaults in London, managed under the oversight of Paxos Trust Company, a regulated financial institution.

For XAUt, each token represents ownership of one fine troy ounce of gold stored in Swiss vaults, managed by Tether Gold with serial numbers publicly verifiable against the corresponding gold bars.

Both assets combine the security of physical gold with the flexibility of digital ownership, allowing users to hold, transfer, or redeem gold through blockchain technology.

Tax treatment for gold purchases varies by state and local law. The majority of U.S. states do not charge sales tax on purchases of precious metals or gold, but regulations are constantly evolving. Some states exempt gold and silver coins or bullion entirely, while others apply limited or standard retail tax rates.

Every transaction at a Bitstop Gold ATM automatically generates a digital or printed receipt, depending on the machine. Your receipt confirms the date, amount inserted, asset purchased, and live rate at the time of your transaction.

Bitstop also keeps a secure internal record of all transactions for regulatory and audit purposes. No personal information is collected for standard cash purchases under applicable thresholds, and all data is stored in accordance with state and federal compliance standards.

For a more complete view of your purchase history, you can create a Bitstop account. Linking your transactions to an account allows you to securely track your gold and crypto purchase history, view rates, and access receipts anytime, all in one place.

The Bitstop Gold ATM network is actively expanding across the United States, with new locations added regularly as demand and state availability grow. GoldATMs are currently live in select regions, with additional rollouts planned in Florida, Nevada, Utah, Georgia, and Minnesota, as well as several new states scheduled to launch soon.

The interactive map on this page can be filtered by the asset “Goldback”, “PAXG”, or “XAUt” to view current locations. New machines are added every month as Bitstop continues to expand nationwide access to both gold and cryptocurrency through its trusted network.