Bitcoin Depot Resources

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

What is a Social Media Crypto Scam?

Since platforms like Facebook, Twitter, and Instagram have risen in popularity, people with poor intentions have looked for ways to bilk people and businesses out of their information and/or money. The same is true when it comes to crypto and social media. Nefarious parties are searching for ways to scam you out of your crypto, […]

How to Avoid Crypto Scams

Scams have been around for as long as humanity. Ever since the invention of currency (whether it was bartering or paper money), people have been coming up with ways to get the best deal, cheat others out of what’s theirs, or figure out how they can get something for nothing. Call it human nature or […]

GSR II Meteora Acquisition Corp. Announces Filing of Amended Proxy Statement; Bitcoin Depot Reports Strong Fourth Quarter and Full-Year 2022 Results

Bitcoin Depot Delivers Revenue Growth of 18% and Gross Profit Growth of 24% for 2022 Strengthens U.S. Footprint and Continues Business Momentum with Multiple Retail Partnerships in the First Quarter of 2023 NEW YORK – April 17, 2023 – GSR II Meteora Acquisition Corp. (NASDAQ: GSRM) (“GSRM”), a special purpose acquisition company, and Lux Vending […]

What is a Phishing Scam?

Phishing in Cryptocurrency The phishing scam involves tricking people into thinking they are being contacted by a legitimate entity in an effort to get them to hand over their money or other personal information. It only makes sense that in the crypto world, phishing involves getting victims to turn over their personal information, private keys, […]

Bitcoin Depot Assumes Bitcoin ATM Contract From Another Bitcoin ATM Operator for Jacksons Food Stores

ATLANTA – April 12, 2023 – Lux Vending, LLC dba Bitcoin Depot, a U.S.-based Bitcoin ATM (“BTM”) operator and leading fintech company, today announced it is assuming a BTM contract from a competitor for Jacksons Food Stores, a nationally recognized chain of more than 300 company-operated convenience stores. This agreement will allow Bitcoin Depot to […]

Crypto Blackmail Scam

Crypto blackmail is perhaps one of the most terrifying crypto scams. And it’s just what it sounds like, too. A scammer contacts you via email, phone, or message and claims they have information about you that you don’t want released. It could be they have a video of you stealing something; they have evidence you […]

What is a Crypto Imposter Scam?

The crypto imposter scam involves someone contacting you claiming to be an IRS agent or a representative from your utility company. It occurs when criminals obtain personal financial information from unsuspecting individuals or businesses in order to collect funds from the victim fraudulently. These scammers can trick people into sending crypto by posing as an […]

What is Proof-of-Stake

Believe it or not, Bitcoin isn’t the only cryptocurrency out there. There are many other blockchain projects in the market. Some are used as currencies, some as utilities, and some are simply memes that people enjoy. With other blockchain projects come other ways to reach a consensus. One such way is proof-of-stake. But what is […]

Leading Bitcoin ATM Operator Bitcoin Depot Announces Retail Partnership with GetGo® Café + Market

Bitcoin Depot Plans to Install 125 Bitcoin ATMs in GetGo Locations Throughout Midwest and Mid-Atlantic ATLANTA – March 21, 2023 – Lux Vending, LLC dba Bitcoin Depot Inc. (“Bitcoin Depot”), a U.S.-based Bitcoin ATM (“BTM”) operator and leading fintech company, today announced a partnership with GetGo® Café + Market, an innovative, food-first convenience store retailer […]