A crypto wallet is the software that holds your private keys and lets you receive, store, and send cryptocurrency. To use a Bitstop ATM, you need a wallet that can display a QR code for your receive address — the ATM scans this to know where to send your crypto.
For beginners, Exodus is the simplest option: it supports over 300 assets, has a clean interface, and generates clear QR codes that scan reliably at the machine. Trust Wallet is a solid choice if you're also interested in DeFi and NFTs.
More advanced users may prefer hardware wallets like Ledger or Trezor for long-term storage. These are physical devices that keep your private keys offline. You can still receive crypto from a Bitstop ATM using a hardware wallet — just open the companion app, navigate to the receive screen, and scan the QR code. Hardware wallets are the gold standard for security but require more setup.
One important rule: never use an exchange-hosted wallet (like your Coinbase or Binance account address) for ATM transactions unless you've confirmed that exchange supports direct deposits. Some exchanges have strict deposit policies. For ATM use, a self-custodial wallet where you control the keys is always the safest and most reliable choice.
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