Skip to main content

Tag: Bitcoin ATM Near Me

What Is PAX Gold (PAXG)? How to Buy Tokenized Gold With Cash at Bitstop ATMs

PAX Gold (PAXG) is a digital asset backed 1:1 by investment-grade physical gold. Each PAXG token represents one fine troy ounce of London Good Delivery gold stored in LBMA-accredited vaults in London. PAXG combines the benefits of physical gold ownership with the speed, security, and flexibility of blockchain technology.

Unlike traditional gold ETFs or futures, owning PAXG means holding a digital token directly tied to physical gold, giving users both the stability of a centuries-old asset and the utility of modern crypto.

Why People Choose PAXG

  • Fully backed by physical gold (London Good Delivery gold)
  • Redeemable for gold or cash through approved partners
  • Built on Ethereum (ERC-20 standard), making it widely compatible with wallets and DeFi platforms
  • Audited regularly to ensure full reserve backing and regulatory transparency
  • Low storage costs compared to physical gold ownership

Whether you’re hedging against inflation, diversifying your crypto portfolio, or just want gold exposure without the hassle, PAXG offers a trusted solution.

How to Buy PAXG With Cash at Bitstop ATMs

  1. Find a Bitstop ATM
    Use our ATM Locator to find a participating machine near you.
  2. Tap “Buy” and Select PAXG
    Choose PAXG from the list of available cryptocurrencies.
  3. Verify Your Identity
    If purchasing over regulatory thresholds, scan your government-issued ID.
  4. Scan Your Wallet
    Open your preferred ERC-20 compatible wallet (like Exodus) and scan the QR code.
  5. Insert Cash
    Insert your desired amount. The screen will show the exchange rate and the amount of PAXG you’ll receive.
  6. Confirm and Send
    Once approved, your PAXG is sent directly to your wallet. Done in minutes.

Why Cash-to-PAXG Access Matters

Not everyone has access to investment accounts, banking apps, or gold brokers. Bitstop bridges that gap, offering everyday investors access to tokenized gold in the form of PAXG.

Now you can turn your cash into gold-backed crypto at thousands of Bitstop ATMs across the U.S.

  • No brokerage account needed
  • No complex setup
  • No waiting period

Just scan your wallet, insert cash, and own tokenized gold in minutes.

Store PAXG Securely

We recommend using a non-custodial wallet like Exodus, which gives you full control of your tokenized gold. Since PAXG lives on Ethereum, make sure your wallet supports ERC-20 tokens.

With PAXG in your wallet, you can:

  • Hold it as a long-term hedge
  • Transfer it globally, 24/7
  • Use it in DeFi platforms to earn yield

Your gold, your terms, powered by blockchain.

PAXG vs Physical Gold

FeaturePAX Gold (PAXG)Physical Gold
Backing1 oz of physical goldGold bar or coin
StorageDigitally stored, low costPhysical vault or safe
TransferabilityGlobal, 24/7In-person, limited
DivisibilityHighly divisibleLimited
Purchase MethodWith cash at Bitstop ATMsBroker, exchange, jewelry

Buy Gold, Without the Middlemen

Gold has always been a store of value. Now, with PAXG and Bitstop, you can access it instantly, without the banks, brokers, or paperwork.

Explore the future of gold ownership today. Visit a Bitstop ATM near you and discover how easy it is to buy PAXG with cash.

Ready to Buy PAXG With Cash?

Want to know the hours of your closest Bitstop? Visit our Bitcoin ATM locator to browse by zip code, city, or simply use the map to find the nearest machine. You’ll see hours of operation, directions, supported transaction types, and you can even filter by coin to find the exact crypto you’re looking to buy.

Download the Bitstop App

Make your PAX Gold (PAXG) experience even smoother:

  • Track your transactions in real time
  • Find nearby crypto ATMs using one of the most trusted and comprehensive maps in crypto
  • Access your account with ease
  • Get notified about deals, offers, and price changes

Before you go, use the app to verify ATM hours and limits so you are ready to complete your transactions without delays. At Bitstop, we don’t just make it easy to buy Bitcoin and crypto. We reward you for it. Through our in-app Rewards Center, you can:

  • Earn coupons for future transactions
  • Unlock badges as you hit new milestones
  • Complete challenges for exclusive perks

Whether you’re new to crypto or a seasoned buyer, the Bitstop App helps you stay informed, connected, and rewarded every step of the way.

👉 Download the Bitstop App

The U.S. Creates a Strategic Bitcoin Reserve: What It Means for the Future of Crypto Access

In a major move toward legitimizing digital assets, President Trump has signed an executive order establishing a Strategic Bitcoin Reserve, backed by roughly 200,000 BTC seized through civil and criminal forfeiture. Rather than sell off these holdings, the government plans to treat Bitcoin as a long-term store of value, similar to a digital Fort Knox.

This isn’t just symbolic. It signals that the U.S. is beginning to view Bitcoin as a strategic asset, one that may play a central role in the future of finance and national economic stability.

Key Takeaways from the U.S. Bitcoin Reserve Executive Order

  • Creates a U.S. Strategic Bitcoin Reserve, initially funded by seized assets.
  • Restricts liquidating these holdings, affirming Bitcoin’s role as a store of value.
  • Calls for a full audit of all government-held bitcoin.
  • Explores ways to acquire more BTC, without adding costs to taxpayers.

White House Crypto Summit Brings Industry Leaders Together

The White House Crypto Summit brings together prominent figures from the cryptocurrency industry to discuss regulatory clarity, innovation, and economic growth. Confirmed attendees include Michael Saylor, executive chairman of Strategy (formerly MicroStrategy), Coinbase CEO Brian Armstrong, and Ripple CEO Brad Garlinghouse. The summit aims to foster collaboration between the government and industry leaders to solidify the U.S.’s position as a global leader in digital finance.

Why the Strategic Reserve Matters for Crypto Users and Bitcoin ATM Access

The establishment of a government-backed Bitcoin reserve marks a significant milestone in the mainstream acceptance of cryptocurrencies. By treating bitcoin as a strategic reserve asset, the U.S. government acknowledges its potential as a store of value and a hedge against economic uncertainties. This move is expected to encourage institutional adoption and could pave the way for other nations to consider similar reserves, thereby enhancing bitcoin’s legitimacy on the global stage. For everyday consumers looking to participate in this growing ecosystem, Bitcoin ATMs offer a fast and convenient way to buy and sell bitcoin locally. You can find a Bitcoin ATM near you here, making it easier than ever to access digital assets.

However, some industry experts express concerns that the current plan, which relies on confiscated assets, may not fully meet expectations for a robust bitcoin accumulation strategy. They advocate for clearer policy frameworks to foster innovation and address potential conflicts of interest, especially given President Trump’s personal involvement in crypto ventures.

Bitstop’s Mission: Expanding Cash-to-Crypto Access in a Digitally-Driven Economy

By publicly holding and securing Bitcoin, the U.S. is sending a message: Bitcoin is here to stay.

This could lead to:

  • Increased institutional adoption
  • Broader global acceptance
  • Stronger long-term price stability

But this also reinforces something we’ve known from the beginning: access matters.

For everyday people, whether you’re buying $40 of Bitcoin or using crypto to send money across borders, how you access that system is just as important as who owns it.

That’s where Bitstop comes in.

With one of the largest and most secure Bitcoin ATM networks in the U.S., we’re building the infrastructure that lets you buy and hold your own BTC, on your terms, with your wallet, and with cash in hand.

📍 Find a Bitstop location near you.

Bitcoin Turns 16: A Milestone in the Digital Economy

January 3rd marks a turning point in financial history. On this day in 2009, the Bitcoin network came to life with the mining of the very first block – known as the genesis block, by its anonymous creator, Satoshi Nakamoto. That single block ignited a movement, laying the foundation for decentralized digital currency and opening the door to an entirely new financial system.

At Bitstop, we honor this milestone not just as crypto enthusiasts, but as builders of the infrastructure that powers everyday access to Bitcoin across the U.S.

The Genesis Block: Where It All Began

On January 3, 2009, the anonymous creator of Bitcoin, Satoshi Nakamoto, mined the first block, known as the genesis block or Block 0. Embedded within it was the message: “The Times 03/Jan/2009 Chancellor on brink of second bailout for banks.” This statement was a clear nod to the financial crisis of 2008 and an implicit critique of the traditional banking system. Bitcoin was born as an alternative- a peer-to-peer electronic cash system free from central authority.

Sweet 16: A Decade and a Half of Transformation

In its 16 years, Bitcoin has transcended its initial perception as an obscure experiment. It has grown into a trillion-dollar asset class, sparking the creation of thousands of cryptocurrencies and countless blockchain projects. Bitcoin’s milestones include:

  • 2010: The first commercial Bitcoin transaction, 10,000 BTC for two pizzas, famously marked the first real-world use case.
  • 2013: Reaching $1 billion in market capitalization, signaling growing mainstream interest.
  • 2017: Surpassing $20,000 in price for the first time, drawing unprecedented global attention.
  • 2021: Adoption as legal tender in El Salvador, a historic moment for cryptocurrency acceptance.
  • 2024: Bitcoin price hits 100k for the first time.

Through it all, one thing has remained true: Bitcoin belongs to the people.

Why Bitcoin Matters

Bitcoin isn’t just about price, it’s a symbol of freedom, innovation, and the power of decentralization. By enabling borderless transactions and providing an alternative store of value, Bitcoin empowers individuals in ways traditional financial systems often cannot. It has become a tool for financial inclusion, especially in regions where access to banking services is limited.

Looking Ahead

As we celebrate Bitcoin’s Sweet 16, it’s also a time to ponder its future. Will it become a global reserve currency? Will its lightning-fast transactions and low fees revolutionize remittances? The possibilities are endless, and Bitcoin’s resilience suggests it’s here to stay.

Join the Celebration

At Bitstop, we’re proud to be part of Bitcoin’s journey. Our mission is to make Bitcoin accessible to everyone through our extensive network of Bitcoin ATMs, empowering individuals to take control of their financial future. Whether you’re a long-time Bitcoin enthusiast or new to the world of cryptocurrency, we’re here to help. Celebrate Bitcoin’s Sweet 16 by finding the nearest Bitcoin ATM to you and joining the decentralized revolution.

Happy Sweet 16, Bitcoin!

📍 Find a Bitstop Bitcoin ATM near you