Bitcoin Depot Resources

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

Simple Bitcoin Economics

We’re quickly approaching the fifteen-year mark of Bitcoin’s launch, and it’s safe to say that the original cryptocurrency is here to stay. The trouble is that during its existence, people are unwilling to give the cryptocurrency the credit it deserves as a store of value. This is especially true when it comes to the economics […]

Which Wallet Should You Use?

If you own Bitcoin, you know how important it is to keep it safe and secure. You wouldn’t leave your cash lying out in the open for anyone to grab, so it only makes sense that you would treat your digital assets the same way. In that same vein, you wouldn’t store your Bitcoin in […]

What are Tokenomics?

A term that you might hear if you’ve spent much time in the Bitcoin world is tokenomics. The word can cause confusion, frustration, and sometimes even fear. Tokenomics are a significant part of many blockchain-based projects. But what are tokenomics, and why do they matter? We’re going to answer those questions and a few others […]

How Blockchain Security Works

If you’re involved in Bitcoin and cryptocurrencies in any way, shape, or form, then there’s a good chance you want to protect your digital assets. Cybersecurity is a legitimate concern in today’s world, especially as cyber attacks seem to continually be on the rise. Some people turn to blockchain for their cybersecurity needs in an […]

Bitcoin Depot Wallet: What You Need to Know

As we continue our Bitcoin Depot Bootcamp, we’ll be discussing the Bitcoin Depot wallet. This Bitcoin wallet, stored within the Bitcoin Depot mobile app, allows you to take your Bitcoin with you everywhere you go. Not all crypto wallets are created equal, so knowing the features and functionalities of any software you use for Bitcoin […]

Bitcoin Depot Completes Software Conversion to Bitaccess Across Full Bitcoin ATM Fleet

Conversion Vertically Integrates Bitcoin Depot Hardware and Software, Significantly Reduces Operating Cost, Provides Flexibility for New Functionality ATLANTA, Feb. 22, 2023 (GLOBE NEWSWIRE) -- Lux Vending, LLC dba Bitcoin Depot® (“Bitcoin Depot” or the “Company”), a U.S.-based Bitcoin ATM operator and leading fintech company, announced today that all of its roughly 7,000 kiosks have been converted to BitAccess Inc. […]

What is Two-Factor Authentication?

There are plenty of places to buy crypto and add it to your wallet. Our preferred method is through a Bitcoin Depot ATM. Of course, you want to keep your crypto safe, and a great way to do so is through the use of two-factor authentication. With two-factor authentication, you’re protecting your Bitcoin from those […]

What's the Deal with BDCheckout?

You’re looking for a way to get Bitcoin, but you don’t want to mess with a crypto exchange, so what do you do? Lucky for you, in addition to its Bitcoin ATMs, Bitcoin Depot offers a service called BDCheckout. With BDCheckout, you can add Bitcoin to your wallet by visiting a specified retail location like […]

How Long Does a BTC Transfer Take?

You bought your Bitcoin, and now you're waiting for it to show up in your wallet. As you wait, you ask yourself, how long does a BTC transfer take? Well, the answer is, it varies. When it comes to BTC transaction time, in most cases, funds arrive within an hour. Many platforms require six confirmations, […]