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Whether you use your Bitcoin (BTC) to send payments or just keep a hold of your coins for investing purposes, you probably already know about BTC ATMs.
But what makes these cash-to-coin machines so special?
That’s what we’ll cover today. Read on to learn more about BTC ATMs and what makes them the go-to choice for your next crypto purchase.
Who doesn’t want a fast and convenient buying experience?
In the past, the terms fast and BTC rarely found themselves in a single sentence. You see, back when BTC was just a novel digital currency, getting your hands on some coins was a bit of a hassle.
Fast forward to 2016, and BTC ATMs are starting to hit the scene in a mainstream way.
These days, you’re never too far away from a seamless cash purchase of BTC. In many cases, especially for Bitcoin Depot machines, you’ll find BTC ATMs in convenient locations like gas stations, convenience stores, and cafes — many of which offer 24/7 access.
The best part? You don’t need to jump through hoops to make a purchase.
In fact, all you often need to buy crypto at a BTC ATM are:
Now, compare that to centralized cryptocurrency exchanges, which can require extensive signup requirements. Moreover, those exchanges can take a while to process your transaction.
BTC ATMs, on the other hand, handle transactions in moments.
That means less time waiting and more free time on your hands: a win-win. Did we mention they’re also everywhere?
Here at Bitcoin Depot, we operate the largest network of BTC ATMs in the world, with over 8,400 locations (as of February 2025) across the U.S., Canada, Puerto Rico, and Australia. No matter where you are, there’s a good chance you’ve got a Bitcoin Depot location nearby.
Want to find out? Use our handy locator tool to find your nearest BTC ATM. Now that’s convenient.
Did you know that almost 14% of Americans* (as mentioned on pewresearch.org) exclusively use cash?
Well, it’s true.
Moreover, 4.2% of American households* (learn more at fdic.gov) don’t have access to traditional banking infrastructure. That means no credit cards, no debit cards, and no bank transfers.
For those cash users, BTC ATMs are one of the only ways to purchase BTC!
If BTC and crypto are the future of finance, then everyone needs to be able to participate. BTC ATMs make this dream a reality, making BTC accessible to the masses.
Cash also adds a layer of privacy that many simply can’t go without. Why?
Well, using cash to purchase BTC means you leave a limited digital footprint. Physical cash transactions offer inherent privacy. Moreover, BTC ATMs offer this level of privacy relative to things like centralized exchanges without sacrificing security and compliance.
BTC ATMs meet or exceed regulatory requirements while maximizing privacy — keeping users like you safe.
So, who uses BTC ATMs?
We have already touched on a few of the main customers: those who like to use cash and love the convenience of these cash-to-coin machines.
There are also those who value their privacy and want a way to purchase crypto without dealing with a centralized exchange. But that’s not everyone. Another category of users is the customer who just wants a simple way to buy crypto.
Look, we know this space can be confusing.
That’s why BTC ATMs are so simple to use. They’re not meant to put you through a bunch of complex steps. It’s all about getting coins in your wallet as fast and as easily as possible.
There are also customers who just don’t buy crypto that often.
For these users, they might buy once a month or a few times a year. They don’t want to deal with the burden of managing accounts across various exchanges; they just want to use cash and purchase crypto on their terms.
Tax season, for example, is one of the times BTC ATMs are the most popular.
It makes sense, right? You get your tax return, and you want to put a little bit of it into crypto. In those scenarios, you really can’t beat the simplicity of a BTC ATM.
Here are a few more types of users who might use a BTC ATM:
As you can see, BTC ATMs are for everyone!
Before we wrap up, let’s touch on how much the BTC ATM industry has grown over the last decade.
Just as BTC itself has gone from novel digital currency to mainstream use, so have BTC ATMs!
Back in 2016, when Bitcoin Depot started, there were only 500 BTC ATMs* (data from coinatmradar.com) in the whole world. Nowadays, that number is closer to 38,000 (data from coinatmradar.com).
That’s some impressive growth.
Here at Bitcoin Depot, we’ve grown too. Not only are we the largest BTC ATM operator in the world, with over 8,400 locations (as of March 2025), but we’ve also expanded our service offerings, giving our customers more ways to purchase cryptocurrency.
Our BTC ATMs are in many convenient locations.
You’re never too far away from a simple and painless cash purchase of BTC. As the industry continues to grow, we’ll be there for customers like you. The crypto revolution is only getting started!
As we’ve learned, BTC ATMs are more than just great ways to buy cryptocurrency.
They offer users a simple and seamless way to jump into the world of BTC without unnecessary roadblocks and long-winded processes.
It’s all about convenience.
Whether you like using cash or just purchasing BTC around tax time, BTC ATMs are a great tool for all types of users. Want to find out for yourself? Don’t worry; we’ve got you covered.
Here at Bitcoin Depot, we have BTC ATMs across the U.S., Canada, Puerto Rico, and Australia.
Find your nearest BTC ATM today to get started.
*The information provided above is for informational purposes only. The inclusion of any particular 3rd party site does not imply an endorsement, sponsorship, or partnership between Bitcoin Depot and the 3rd parties listed above. While Bitcoin Depot endeavors to ensure the accuracy and relevance of the information provided, we do not guarantee the reliability of any 3rd party’s information.