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6 Best Bitcoin ATMs With Low Fees and High Privacy

12 mins
Updated by Ish Bautista
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If you are a digital nomad, someone who transacts with Bitcoin regularly, or just need to convert your cash to Bitcoin and vice versa, Bitcoin ATMs may be a good option for you. They are the physical bridges from traditional finance (TradFi) to web3. If you are looking for a safe option offering low fees and privacy features, check out our list of the top low fee Bitcoin ATMs on the market today.

Cash out Bitcoin in ATMs globally with free crypto cards

Our choice

Wirex card

No fee ATM withdrawals globally
Wirex card
Issue card on Wirex’s official website
Who can issue EU
Cashback Up to 8%
Annual Fee No
Withdrawal limit €5000/month

Coinbase card

Mastercard crypto debit card
Coinbase card
Issue card on Coinbase’s official website
Who can issue U.S.A., E.U., U.K.
Cashback Up to 4%
Annual Fee No
Withdrawal limit $2,500 per day

Bybit card

Mastercard crypto debit card
Bybit card
Issue card on Bybit’s official website
Who can issue UK & EEA residents
Cashback Internal points
Annual Fee No
Withdrawal limit €10,000 per month

Methodology

What are Bitcoin ATMs?

what are bitcoin atms?

Bitcoin ATMs are just like traditional ATM kiosks — except they use cryptocurrencies. With one, you can withdraw cash or buy and sell crypto. In some cases, you can even send crypto. They differ from traditional ATMs because they are not linked to a bank account.

These ATMs withdraw from crypto wallets, crypto or crypto debit cards, and accounts connected to exchanges. To use one, typically, you enter the wallet address or scan a QR code, the amount to withdraw, and you receive cash. The ATM debits the crypto from your account and converts your cash to Bitcoin, in your native currency (e.g., USD, GBP, EURO).

bitcoin atm distribution
Bitcoin ATMs (Global): coinatmradar.com

There are currently more than 38,000 ATMS in the world, with that figure ever-growing. Effectually, traditional finance has become aware of Bitcoin’s utility. Thanks to these ATMs, simple things like buying groceries with crypto and instantly withdrawing cash from your crypto balance are possible. They are even useful in times of crisis, for example, in helping supply refugees with cash — functionalities that can potentially save and certainly impact lives.

What are the best Bitcoin ATMs?

1. Shitcoins.club ATM

shitcoins.club
shitcoins.club
Availability
Europe and Peru
Crypto
BTC, ETH, and 4+
KYC
Low
Fees
Varies, but typically 3%-4%,

2. Coinstar Bitcoin Machines

Coinstar
Coinstar
Availability
U.S.
Crypto
BTC, LINK, and 6+
KYC
Intermediate
Fees
4%-11%

3. Just Cash ATM

Just Cash
Just Cash
Availability
U.S.
Crypto
BTC
KYC
Low
Fees
Low

4. LibertyX ATM

LibertyX
LibertyX
Availability
U.S.
Crypto
BTC
KYC
Intermediate
Fees
8%

5. RockitCoin

RockitCoin
RockitCoin
Availability
U.S. and Puerto Rico
Crypto
BTC, BCH, LTC, ETH
KYC
Low
Fees
Spread fee + flat fee ($1-$2)

6. Pelicoin ATM

Pelicoin
Pelicoin
Availability
Southern U.S.
Crypto
BTC, LTC, and ETH
KYC
Intermediate
Fees
N/A

Bitcoin ATMs comparison

ATMAvailabilityCryptoKYCFees
Shitcoins.clubEurope and PeruBTC, ETH, and 4+LowVaries, but typically 3%-4%,
Coinstar Bitcoin MachinesU.S.BTC, LINK, and 6+Intermediate4%-11%
Just CashU.S.BTCLowLow
LibertyXU.S.BTCIntermediate8%
RockitCoinU.S. and Puerto RicoBTC, BCH, LTC, ETHLowSpread fee + flat fee ($1-$2)
Pelicoin Southern U.S.BTC, LTC, and ETHIntermediateN/A

What is a Bitcoin ATM?

A Bitcoin ATM is a kiosk that allows users to sell and buy Bitcoin using cash or debit cards. These machines connect to the internet to facilitate secure Bitcoin transactions on the blockchain. Users can scan a QR code from their Bitcoin wallet to receive purchased Bitcoin or input wallet information to sell Bitcoin for cash.

Bitcoin ATMs provide a convenient way for people to engage with cryptocurrency without needing a traditional bank account.

The best Bitcoin ATMs offer low fees and privacy

Bitcoin ATMs are infamous for notoriously high transaction fees and AML KYC requirements. Most companies that support these services must adhere to strict regulations to be able to operate in multiple locations. Accordingly, as these companies become more successful, operating costs increase. Retailers must pay for mining fees, antennas, armored trucks, and store rent. While this initially increased the cost passed onto customers, as time has moved on, services have become cheaper and more competitive. Many crypto ATM machines now have low fees and do not sacrifice privacy features. You can have both!

Frequently asked questions

What’s the difference with a Bitcoin ATM and a regular ATM?

Is LibertyX ATM a Bitcoin ATM?

What are crypto ATM fees?

How do crypto ATMs execute transactions?

Which Bitcoin ATMs have the lowest fees?

Do Bitcoin ATMs charge a fee?

How much does a Bitcoin ATM charge for $100?

What are the best Bitcoin ATMs?

Who has the most Bitcoin ATMs?

What are the Bitcoin ATM companies?

What is a Bitcoin ATM?

Are Bitcoin ATMs anonymous?

Are Bitcoin ATMs private?

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Ryan Glenn
Ryan Glenn is a journalist, writer, and author. Ryan is motivated to educate as many people as possible on the benefits of web3 and cryptocurrency. He has authored “The Best Book for Learning Cryptocurrency,” and runs an educational platform, web3school.us, dedicated to demystifying the crypto space. Ryan built the platform to transition tech-savvy and non-tech individuals into crypto and give everyone a baseline understanding of the different fields in the cryptosphere. Ryan is also an...
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