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Tag: Buy Bitcoin with Cash

Bitstop crypto ATM inside a convenience store, surrounded by icons of supported cryptocurrencies including Bitcoin, Ethereum, Dogecoin, USDC, Solana, XRP, Litecoin, PEPE, and WIF.

Bitstop Expands Multi-Coin Support Across Nationwide ATM Network

Now offering Ethereum, USDC, XRP, Dogecoin, PEPE, and more, available instantly, with cash, at Bitstop locations.

If you’re looking to buy crypto with cash, Bitstop just made it even easier.

Bitstop ATMs now support a wide range of cryptocurrencies, Bitcoin (BTC), Ethereum (ETH), Dogecoin (DOGE), Solana (SOL), Ripple (XRP), Tether (USDT), USD Coin (USDC), Litecoin (LTC), Pepe Coin (PEPE), Dogwifhat (WIF), and PENGU Coin (PENGU) available at Bitstop ATM across the country, all with cash.

“We’re bringing digital currency to the people, because that’s what they’re asking for,” said Doug Carrillo, Bitstop Co-Founder and Chief Strategy Officer. “With DOGE, ETH, SOL, XRP, USDC, and other cryptocurrencies now available at our ATMs, we’re offering digital asset diversification, from stablecoins and meme coins to leading smart contract platforms.”

Crypto Access Simplified

Whether you’re a first-time buyer, a cash-preferred customer, or a crypto holder looking for more coin options, Bitstop’s expanded multi-coin access makes it easy to convert cash into digital currency securely and in seconds.

Each Bitstop ATM is backed by advanced fraud protection, regulatory compliance, and a user-friendly interface, making it one of the fastest and most trusted ways to buy cryptocurrency in person.

Supported Cryptocurrencies at Bitstop ATMs

Bitstop now supports the following digital assets at all ATM locations nationwide:

  • Bitcoin (BTC) – The original decentralized digital currency.
  • Ethereum (ETH) – A leading platform for smart contracts and decentralized apps.
  • Dogecoin (DOGE) – A low-fee, peer-to-peer crypto with growing community adoption.
  • Solana (SOL) – High-speed blockchain for scalable DeFi and Web3 projects.
  • Ripple (XRP) – A crypto solution for fast, low-cost cross-border transfers.
  • Tether (USDT) – The most widely used dollar-pegged stablecoin.
  • USD Coin (USDC) – A fully backed stablecoin used in payments, DeFi, and trading.
  • Litecoin (LTC) – A lightweight, fast, and proven crypto for everyday use.
  • Pepe Coin (PEPE) – A meme coin built on Ethereum with viral popularity.
  • Dogwifhat (WIF) – An emerging meme coin with strong community momentum.
  • PENGU Coin (PENGU) – A playful, community-powered meme token that’s quickly gaining attention.

Bringing Crypto to Everyday Locations

Bitstop ATMs are conveniently located in grocery stores, gas stations, value retailers, and convenience stores across the U.S. Each machine is designed to meet people where they are, making it easier than ever to access the future of finance, on your terms.

To find a Bitstop near you, visit https://bitstop.co/locations

Read More on the Multi-Coin Expansion

For a summary of our multi-coin launch and continued infrastructure growth, check out the official article on AP News.

Bitstop Showcases Crypto and Gold ATMs at 2025 UNFI Holiday & Winter Show

Bitstop Showcases Crypto and Gold ATM Technology at the 2025 UNFI Holiday & Winter Show in Las Vegas

Financial access, retail innovation, and digital currency meet on the trade show floor

Bitstop is heading to Las Vegas. From July 15-17, 2025, we’ll be exhibiting at the UNFI Holiday & Winter Selling Show at Mandalay Bay Resort & Casino, one of the largest gatherings of grocery and retail leaders in North America.

As the leading crypto ATM network in the U.S., we’re not just showing up, we’re showing what’s next.

What We’re Bringing to the Show Floor

At Booth #633, Bitstop will debut our latest innovations in retail financial technology, including:

  • Multi-coin crypto ATMs that let customers instantly buy Bitcoin, Ethereum, stablecoins like USDC and USDT, and meme coins like Dogecoin and PEPE, all with cash
  • Gold ATMs that dispense Goldbacks, a tangible form of 24-karat gold embedded into currency-grade notes
  • Advanced fraud protection and user education features to ensure safe, compliant, and secure transactions

These machines are more than ATMs, they’re financial access points designed for today’s customer and tomorrow’s retail environment.

“UNFI brings together thousands of grocers driving what’s next for the grocery retail industry,” said Doug Carrillo, co-founder and Chief Strategy Officer of Bitstop. “Bitstop machines connect people to crypto and gold using cash, offering retailers a way to meet growing demand for both digital and tangible financial tools.”

Why This Matters for Retailers

The future of money isn’t one-size-fits-all. That’s why Bitstop helps retailers offer both digital assets and physical gold.

Whether your customers are:

  • Looking to buy Bitcoin with cash
  • Converting cash into stable, dollar-pegged assets
  • Exploring meme coins like DOGE and PEPE
  • Seeking inflation-resistant physical gold

Bitstop meets them where they are.

And for retailers, that means adding a high-utility, high-demand service that drives foot traffic, repeat visits, and customer trust.

Built for Simplicity, Security, and Scale

All Bitstop machines come equipped with:

  • On-screen scam warnings and real-time fraud detection
  • User-friendly interfaces designed for first-timers and experienced crypto buyers alike
  • U.S.-based customer support
  • Compliance-ready architecture that meets regulatory standards

Whether you’re operating a convenience store, supermarket, value retailer, or gas station, our technology integrates seamlessly into your space and enhances your customer experience.

See It in Action at Booth #633

If you’re attending UNFI’s Holiday & Winter Show in Las Vegas, stop by Bitstop Booth #633 for live product demos, Q&As, and expert insight on how to bring cash-powered crypto and gold access to your retail locations.

Bitstop: Powering the Future of Financial Access – One Location at a Time

Founded in 2013, Bitstop is a Miami-based financial technology company building secure, scalable infrastructure for the digital economy. From Bitcoin to Goldbacks, Bitstop enables people to move value their way, fast, simple, and on their terms.

Bitcoin Pizza Day 2025: The Transaction That Changed Crypto Bitcoin Pizza Day 2025: The Transaction That Changed Crypto

Bitcoin Pizza Day 2025: The Transaction That Changed Crypto


On May 22, 2010, Laszlo Hanyecz made history by trading 10,000 BTC for two pizzas. At the time, that amount of Bitcoin was worth about $41. Today, it would be valued at over $1 billion. This was more than just a quirky online moment, it marked the first real-world Bitcoin transaction and set the first monetary value for cryptocurrency.

Fifteen years later, Bitcoin Pizza Day continues to represent a pivotal moment in the evolution of digital currency. It demonstrated that Bitcoin could be exchanged for tangible goods, helping pave the way for global crypto adoption.

This year, Medium featured Bitstop for celebrating the milestone and for our ongoing work to expand access to cryptocurrency through a growing network of Bitcoin ATMs across the United States.

“Bitcoin Pizza Day is more than a celebration of one of crypto’s quirky origin stories,” said Doug Carrillo, Bitstop Co-Founder. “It’s a reminder of the journey toward financial freedom and the importance of access.”

To honor the 15th anniversary of Bitcoin Pizza Day, Bitstop is offering 15% off transaction fees at Bitcoin ATM locations nationwide. Use promo code PIZZA15 from May 22 through May 29 at 3:00 AM ET. Find a Bitcoin ATM near you and buy Bitcoin with cash, fast, secure, and on your terms.

Since 2013, Bitstop has made it simple for people to access Bitcoin and other cryptocurrencies by converting physical cash into digital currency. With ATMs located in convenience stores, gas stations, and grocery chains, Bitstop is building the last mile of crypto infrastructure.

From those first two pizzas to a nationwide network of Bitcoin ATMs, Bitstop is proud to power the next chapter of the digital economy.

Illustration of Bitcoin integration with U.S. government policy, symbolizing the launch of a Strategic Bitcoin Reserve. Illustration of Bitcoin integration with U.S. government policy, symbolizing the launch of a Strategic Bitcoin Reserve. Illustration of Bitcoin integration with U.S. government policy, symbolizing the launch of a Strategic Bitcoin Reserve.

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.

Celebrating Bitcoin's Sweet 16: A Decentralized Revolution Celebrating Bitcoin's Sweet 16: A Decentralized Revolution Celebrating Bitcoin's Sweet 16: A Decentralized Revolution

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

Bitcoin Hits $100K: A New Era in Digital Finance Bitcoin Hits $100K: A New Era in Digital Finance Bitcoin Hits $100K: A New Era in Digital Finance

Bitcoin Hits $100K: A New Era in Digital Finance

The moment we’ve all been waiting for has arrived: Bitcoin has hit the $100,000 mark, a historic milestone that cements its place as a revolutionary force in the financial world. For early adopters, this is a moment of validation. For newcomers, it’s an open door to the future of money. At Bitstop, we’re excited to celebrate this achievement and continue our mission of making Bitcoin accessible to everyone.

A Historic Milestone

Bitcoin’s journey to $100K has been a story of resilience, innovation, and global adoption. From its humble beginnings as a niche experiment in 2009, Bitcoin has grown to become the world’s most recognized digital currency. It’s not just a currency; it’s a movement, a step towards decentralized finance that empowers individuals, reduces barriers, and promotes financial freedom.

This milestone is more than a number; it’s a testament to the power of belief in disruptive technology.

Why $100K Matters

At $100,000, Bitcoin proves its potential as both a store of value and a medium of exchange. For investors, it reaffirms its position as digital gold. For enthusiasts, it symbolizes the strength of the Bitcoin network. And for skeptics? It’s undeniable proof that cryptocurrency is here to stay.

Bitcoin’s journey is far from over. With every milestone, it gains more utility, adoption, and recognition as the financial system of the future.

How Bitstop Helps You Join the Revolution

At Bitstop, we’re proud to be part of this exciting journey. Our mission is simple: to make Bitcoin easy and accessible for everyone, from seasoned investors to first-time users.

We operate over 2,500 Bitcoin ATMs across the U.S. and Puerto Rico, offering a simple way to buy Bitcoin securely and conveniently. Whether you’re a Bitcoin veteran or a curious beginner, we’ve got you covered.

📍 Find a Bitstop Bitcoin ATM Near You
Use our ATM locator to buy Bitcoin with cash today.

Learn what Bitcoin halving is, how it affects price, and what to expect from the 2024 event. Discover the history of past halvings and how to buy Bitcoin with cash at Bitstop ATMs across the U.S.

Bitcoin Halving Demystified: What You Need to Know

Bitcoin Halving Explained: What It Means and Why It Matters in 2024

Bitcoin halving is one of the most anticipated events in the cryptocurrency world, and it’s coming again in April 2024. If you’re wondering what halving is, how it affects Bitcoin’s price, and why it’s such a big deal for crypto investors, you’re in the right place.

At Bitstop, we make it simple to buy Bitcoin with cash at hundreds of locations across the U.S. But knowing why Bitcoin matters is just as important as how to buy it. Let’s break it down.

What Is Bitcoin Halving? (And Why It Happens)

Bitcoin halving is a scheduled event that cuts the reward miners receive for validating new Bitcoin blocks in half. This happens every 210,000 blocks, roughly every four years, and it’s hardcoded into Bitcoin’s protocol by its creator, Satoshi Nakamoto.

The purpose? To control inflation and limit Bitcoin’s total supply to 21 million coins, just like gold or other scarce resources.

Moreover, halving is seen as a milestone that reinforces Bitcoin’s value proposition as a deflationary currency, unlike fiat currencies, which can be printed indefinitely. This scarcity principle is a key reason why many view Bitcoin as “digital gold.”

Why Does Bitcoin Halving Affect the Price?

Bitcoin’s supply is cut in half, but demand often stays the same or increases. This creates scarcity, which can drive prices higher. That’s why each past halving has been followed by a major bull run.

  • Less new BTC entering circulation
  • Increased demand from retail and institutional buyers
  • Greater attention on crypto markets

It’s a formula that often results in upward pressure on Bitcoin’s price.

What Happens After a Bitcoin Halving? (History of Price Surges)

Let’s look at what happened after the last three halvings:

  • 2012: Price jumped from ~$12 to over $1,000
  • 2016: Price surged from ~$650 to nearly $20,000
  • 2020: BTC went from ~$8,500 to an all-time high of $69,000

While no outcome is guaranteed, the pattern has repeated enough that the crypto community watches each halving closely. The 2024 halving could be another historic chapter.

What This Means for You

The 2024 halving is already shaping conversations across the Bitcoin space. If you’re holding Bitcoin, considering buying some, or just curious, this event could shape the market in big ways.

And with Bitstop, getting Bitcoin is easier than ever. Our nationwide network of ATMs lets you buy BTC with cash, no bank account or app required.

Whether you’re dollar-cost averaging or making your first crypto purchase, the halving is a great time to learn more about Bitcoin’s long-term value.

📍 Find a Bitcoin ATM Near You

Ready to take part in Bitcoin’s next chapter? Use our Bitcoin ATM locator to search by zip code, city, or use the map to find the closest machine. You’ll see hours, directions, and supported coins, plus you can even filter by coin.

The best time of the .year to buy bitcoin is the second half of September The best time of the .year to buy bitcoin is the second half of September The best time of the .year to buy bitcoin is the second half of September The best time of the .year to buy bitcoin is the second half of September The best time of the .year to buy bitcoin is the second half of September The best time of the .year to buy bitcoin is the second half of September

When is the Best Time to Buy Bitcoin?

A prominent cryptocurrency market analyst by the name of CryptoBirb has expressed their viewpoint on Bitcoin.

According to him, historical data indicates that the optimal yearly moment to buy bitcoin falls at the conclusion of September.

Statistically, October and November generate the biggest returns, especially as they come after a bear market.

Find a Bitstop Location Near You to Buy Bitcoin

Numerous investors voiced their concerns over Bitcoin’s (BTC) lackluster performance in September. A significant portion had already departed the market before the summer hiatus, adhering to the adage: “Sell in May and go away.” Nonetheless, it seems that the present moment might be the ideal opportunity to reorient attention towards the broader crypto and BTC market.

A renowned expert in the cryptocurrency market, CryptoBirb, recently released a brief examination on platform X, delving into the historical performance of BTC throughout the calendar year. CryptoBirb’s analysis points to September, traditionally regarded as the least robust month, emerging as the most promising period for potential market gains. Following closely behind are the two months with the strongest statistical track record for profitability: October and November.

Adrian Zduńczyk talks about the.best time to buy bitcoin.
Adrian Zduńczyk, CMT

September is a BTC Buying Opportunity

CryptoBirb AKAAdrian Zduńczyk, CMT

As September draws its final breaths, consider it the bargain aisle for Bitcoin enthusiasts if you plan to buy bitcoin! History, the ultimate market historian, tells us that September is the misfit in the annual calendar – the lone wolf in the world of Bitcoin profitability. Now, as CryptoBirb would quip:

“The second half of September is an insanely good opportunity to buy Bitcoin.”

CryptoBirb AKAAdrian Zduńczyk, CMT

Simultaneously, the analyst humbly concedes that this thesis won’t summon the ultimate “buy the dip” moment of the week. It’s a calculated hunch, rooted in statistical wizardry, but it’s no crystal ball into Bitcoin’s future performance.

Yet, history has a peculiar penchant for rhythm, especially in the cyclic dance of the Bitcoin market. Thus, as we spin through the record books, let’s talk numbers: October and November. CryptoBirb doesn’t blink when declaring this dynamic duo as the MVPs for seizing those long positions on BTC. 🚀

Fourth Quarter of the Year: Biggest Returns for Bitcoin

To back CryptoBirb’s intriguing hypothesis, we can turn to the numbers brought forth by the data maestros at Coinglass. They’ve got an arsenal of stats covering every beat in the BTC market, from daily drumrolls to quarterly symphonies.

Now, let’s dive into the rhythm of the crypto world. Imagine each year as a groovy album: the fourth quarter (October-December) consistently drops the most profitable tracks, while the third quarter (July-September) tends to serve up the sleepy ballads. Zoom in on just this span, and it becomes clear – we’re talking about the ultimate BTC shopping spree. And guess what? We’re right in the midst of it, folks – the last few weeks of September are like the encore of a blockbuster concert if you are planning to buy bitcoin. 🎸💰

Bitcoin Quarterly Returns (%)

Best time to buy bitcoin? Check these quarterly returns.
Bitcoin quarterly returns / Source: Coinglass

Now, let’s jazz things up a bit and take a stroll through the monthly returns in the Bitcoin trading arena. As per CryptoBirb’s keen observations, September emerges as the annual “seeing red” month. It’s like that one friend who insists on wearing neon to a black-tie event.

However, in the grand chronicle of Bitcoin’s history, there were just two years – the crypto equivalent of style icons – 2015 and 2016, when September decided to tone down its drama and churned out modest profits: a mere 2.35% and a still-respectable 6.04%, respectively. It’s almost as if September was channeling its inner Wall Street for those brief moments. 📈💡

In contrast, the next two months are completely different. October has closed in the red only twice so far – in 2014 (-12.95%) and 2018 (-3.83%). November, on the other hand, has been in the red 4 times – in 2018 (-36.57%), 2019 (-17.27%), 2021 (-7.11%) and 2022 (-16.23%).

However, even though November more often generated losses, that month’s profits were historically the largest. Therefore, the penultimate month of the year is statistically the most profitable. However, more conservative investors may pay more attention to October, which produced smaller but more stable profits and rarely minimal losses.

Bitcoin Monthly Returns (%)​

Bitcoin monthly returns / Source: Coinglass

Past Performance vs. Future Results

Perusing the data constellation above, it’s safe to say that CryptoBirb’s insights are right on the money. Those waning days of September might just be the golden ticket for snagging some Bitcoin, especially if you’ve been patiently waiting for the long-term bear to exit the scene, which it did with the grand finale of 2022.

But here’s the age-old reminder: “Past performance is not indicative of future results.” Historical data is our trusty compass, shedding light on market patterns, but it’s just one star in the galaxy of financial complexity – not the North Star, mind you. In this intricate cosmos, we’ve got a constellation of factors to consider, and historical data is but one twinkling luminary.

Unveiling the Fascinating World of the Bitcoin ATM

In the ever-evolving world of finance, there’s a delightful presence that’s been quietly making its mark: Those charming Bitcoin ATMs, or BTMs for short. They’ve sprouted up in the corner store, the gas station, and even the casino. Aren’t they just the bee’s knees? But let’s put on our inquisitive hats for a moment and ponder: what’s the scoop behind these nifty contraptions?

You see, the global demand for Bitcoins and other cryptocurrencies has been on the rise. As a result, the clever minds in the cryptocurrency realm have been hard at work. For instance, they’ve been striving to seamlessly integrate this “new frontier” into our everyday lives: enter the Bitcoin ATM.

People queue at a Bitcoin ATM
Bitstop Bitcoin ATM

Picture this: Before Bitcoin ATMs entered the scene, the cryptocurrency world resembled the Wild West. Every transaction, no matter how big or small, took place through rather “unconventional” means. At Bitstop, we fondly refer to that era as the “last mile problem.” Why, you ask? Well, on the grand timeline of cryptocurrency history, this was the final frontier before it evolved into a scalable entity.

But fast forward to today, and we find ourselves in a world where people crave the ability to transfer their assets reliably and securely. Enter the era of Bitcoin ATMs, the new normal.

These remarkable crypto machines have made cryptocurrency transactions as effortless as using a standard bank ATM to withdraw or deposit cash. Say goodbye to the tedious online rigmarole and hello to a convenient and familiar way of exploring the cryptocurrency market.

Now, you might wonder, “Familiar, you say? How does it all work?” It’s a piece of cake, really, they operate in a manner reminiscent of the bank machines you’ve frequented in the past.

You verify your identity, deposit your cash into the machine, and voilà, your transaction is complete. No tricks, no convoluted processes – just a straightforward and familiar exchange. Additionally, these machines have been artfully designed to streamline the cryptocurrency transaction experience. Also, Bitcoin ATMs ensure a safe and secure, seamless process. In an age where digital currency is maturing rapidly, ATMs have proven to be an essential component of our financial landscape.

Let’s turn the pages of history for a moment, shall we? The very first cryptocurrency ATM made its debut in 2013. Then, after a journey fraught with regulatory twists and turns, 2015 welcomed some of the initial licensed vending machines to the market, including the illustrious Bitstop BTMs. The agreement was clear: legitimate Bitcoin ATMs had to adhere to the same regulations and laws as their traditional counterparts, complete with limits on withdrawals and deposits.

So, there you have it – a warm, witty, and knowledgeable glimpse into the fascinating world of Bitcoin ATMs. Hope you enjoyed the journey from the Wild West to the reliable and secure heart of our digital financial future. Courtesy of Bitstop.

How to use a Bitcoin ATM?

Thinking about getting into crypto? Using a Bitcoin ATM is the easiest way to start your first #DeFi journey. In this article, we will explain the most simple and convenient way to buy Bitcoin.

The easiest way to buy Bitcoin with cash

Most people believe that buying Bitcoin is a complicated process, which takes hours of preparation and lots of technical knowledge. However, that’s not true. Did you know there are thousands of Bitcoin ATMs across the United States where you can buy cryptocurrency with cash?

First, let’s explain how a Bitcoin ATM works.

What is a Bitcoin ATM?

A Bitcoin ATM is basically an internet-connected device that allows you to insert or withdraw cash in exchange for Bitcoins by using a digital wallet.

The machine looks just like a regular ATM and is easy to use. It verifies your identity and allows you to scan your wallet’s QR code for completing the selected transaction.

You scan your Bitcoin Wallet QR code so the Bitcoin ATM knows where to send the bitcoin. You then insert the cash and the Bitcoin ATM instantly sends the bitcoin to your wallet. Simple and safe.

Pros of using a Bitcoin ATM

Bitcoin ATMs are currently available in many countries around the world (see here Bitstop’s current location list). Most of them are concentrated in North America and Europe but we’re seeing more and more Bitcoin ATMs pop up in other regions like Australia, Chile, or New Zealand.

Now, let’s look at the pros of using a Bitcoin ATM:

  • Fast and easy transaction
  • You can buy Bitcoin instantly with cash — no need of different cryptocurrencies or pointless exchanges
  • Safe and convenient
  • Thousands of Bitstop Bitcoin ATM locations in the US
  • Instant. #Buythedip
  • Customer phone and email support
  • Bitcoin ATMs make you feel extra cool and futuristic (we swear!)

Bitcoin ATMs are perfect for buying Bitcoins locally because they are instant. You don’t have to go through the hassle of waiting days for an ACH to clear to buy from an online exchange. You get your bitcoin instantly.

What should you bring with you before using a Bitcoin ATM?

You need 4 things to start using a Bitcoin ATM.

  • Your ID
  • Cash
  • Smartphone
  • Digital Wallet for Cryptocurrency

Yes, it’s just that simple!
Your ID is needed to verify your identity. All of your Bitcoins are stored in your Crypto Wallet, right on your smartphone for easier access.

When it comes to choosing the right digital wallet for your Bitcoin, we suggest using HODL Wallet on your smartphone. All you need is to download the app from Google Store or Apple store. This wallet is very secure and easy to use.

Step-by-Step Guide: How to use a Bitcoin ATM by Bitstop

Find the nearest Bitcoin ATM

First, you need to find the Bitcoin ATM closest to you. You can check out Bitstop’s ATM locations and navigate through the map. Most of the machines are placed nearby and are typically open 24 hrs. Don’t forget to bring everything that you need for a successful transaction — your ID, smartphone, and Bitcoin wallet.

Tap “Buy Bitcoin”

You’re now in front of the Bitcoin ATM and you’re ready for your first purchase! Start by tapping the “Buy Bitcoin” button on the screen!

Enter your phone number

The next step is to write down your phone number by using the touchscreen. Then, hit “Enter”. That way Bitstop can message you a temporary SMS code, needed for the transaction.

Enter a temporary pin

You have now received a text with a temporary SMS code. Enter it on the screen and proceed.

Set up a secret PIN

Considering you’re a first-time customer, you will need to come up with a 4-digit secret PIN. Remember this code for even easier access in the future!

Scan your ID

It’s very important that all users stay safe, that’s why identity verification is a must in the crypto world. For that, you need to scan the barcode at the back of your ID by pointing it at the scanner below the screen.

Scan your Bitcoin Wallet

Next, open your Bitcoin Wallet on your smartphone and select “Receive”. Scan the Wallet’s QR Code by pointing it at the same scanner placed below the screen. That’s how the ATM makes sure that your Bitcoin is delivered to the right place, so make sure you’re giving the right information. ONLY USE YOUR OWN BITCOIN WALLET. Never send Bitcoin to someone else’s wallet directly from the Bitcoin ATM.
 

Insert Cash

You can now insert your cash. The screen will load your exchange rate. Check the information, review your purchase, and hit “Send to Wallet”.

Congrats! You did it!

You will immediately receive the desired amount of bitcoin right into your HODL wallet! There’s also a receipt that you can print for your records.

Bitstop’s transactions happen instantly. If there’s a higher demand on the Bitcoin Network, your wallet may need up to 30 minutes to show completed purchase. If there are any questions, you can always contact our customer support via email or phone.

If you’re more of a visual learner, you can also watch our step-by-step video tutorial on using Bitstop’s ATM: How to buy Bitcoin from a Bitstop Bitcoin ATM

Have fun using Bitcoin ATMs. They are one of the best ways to invest in bitcoin for beginners.