Bitcoin Depot Resources

Whether you’re a crypto newbie or a blockchain pioneer, we’ve got something for everyone.

Bitcoin ATMs in Tourist Hotspots

In recent years, the global landscape of financial transactions has seen a revolutionary addition — Bitcoin ATMs. While Bitcoin itself has become a popular alternative currency and means of financial transaction, the presence of Bitcoin ATMs in tourist hotspots has added a new dimension to the travel experience. Let's take a look at the reasons […]

Unlocking the Mysteries of Bitcoin's Limited Supply

Bitcoin, the revolutionary digital currency, has captured the attention of the world with its decentralized nature and potential to disrupt traditional financial systems. One of Bitcoin's most interesting features is its limited supply, a characteristic that sets it apart from traditional fiat currencies. In this blog post, we will explore the factors that contribute to […]

Buying Bitcoin With a Debit Card Online

In recent years, the world of finance has witnessed a significant shift towards digital assets, with Bitcoin leading the charge. As more people look to invest in crypto, the convenience and accessibility of buying Bitcoin with a debit card have become increasingly popular. Why would you buy Bitcoin with a debit card? Who should you […]

Navigating Bitcoin ATM Limits for Beginners

In recent years, Bitcoin ATMs have witnessed a surge in popularity, providing users with a convenient way to buy cryptocurrencies. These machines offer an easier way for people to participate in the cryptocurrency market. However, one of the challenges for beginners is learning and navigating Bitcoin ATM limits for each transaction as well as daily […]

Bitcoin ATM vs. Traditional Banking Limits

In recent years, Bitcoin ATMs have emerged as a unique and innovative addition to the financial ecosystem. These machines allow users to buy Bitcoin using cash. As the adoption of Bitcoin and other cryptocurrencies grows, it becomes imperative to explore the transaction limits imposed on Bitcoin ATMs vs. traditional banking limits. This article delves into […]

Paying Taxes on Mined Bitcoin

Bitcoin mining, the process through which new Bitcoins are created, and transactions are added to the blockchain, has become a way to make money for many individuals. Miners provide computing power to solve complex mathematical problems, and in return, they receive newly minted Bitcoins. This decentralized system has gained popularity, but with the rewards come […]

Types of Crypto Consensus Mechanisms

In the realm of digital currencies, crypto consensus mechanisms play a pivotal role in maintaining the integrity and security of blockchain networks. These mechanisms are the backbone of decentralized systems, ensuring that all participants agree on the validity of transactions and the state of the blockchain. Consensus mechanisms are the cornerstone of trust in decentralized […]

Bitcoin Wallets: Mobile vs. Hardware

In the world of cryptocurrency, securing your digital currency is paramount. Bitcoin, being a decentralized digital currency, requires a specialized tool for safe storage and transaction management - the Bitcoin wallet. Mobile and hardware wallets are popular choices among the various types available. In this article, we'll explore the characteristics, advantages, and disadvantages of both […]

Bitcoin and the IRS: Navigating Taxation in the Crypto Space

The Internal Revenue Service (IRS) has entered the digital age, recognizing the significance of cryptocurrencies like Bitcoin in the modern financial landscape. As a federal agency responsible for tax collection and enforcement, the IRS has developed guidelines to regulate the taxation of Bitcoin transactions. With the increasing adoption of crypto, it has become crucial for […]