Bitcoin Depot Resources

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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 […]

GSR II Meteora Acquisition Corp. Announces Update on Proxy Statement for Proposed Business Combination with Bitcoin Depot

NEW YORK, Feb. 13, 2023 (GLOBE NEWSWIRE) -- GSR II Meteora Acquisition Corp. (NASDAQ: GSRM) (“GSRM”), a special purpose acquisition company, and 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 the proxy statement dated February 8, 2023 (the “Proxy Statement”) relating to GSRM’s Special […]

What is Dollar Cost Averaging Your Bitcoin?

When it comes to crypto, there are a lot of users who simply jump into the fray without thinking. They fail to plan out a strategy or determine a method for how they plan to buy, sell, or trade. Of course, there are times when even the best-laid plans go awry, but everyone should have […]

Crypto Security Quick Guide: What You Need To Know

While Bitcoin and other cryptocurrencies continue to gain interest from the public, it’s still an imperfect technology. The harsh reality is that there are security threats that exist within the industry that can make buying, selling, and trading Bitcoin a risky endeavor.

GSR II Meteora Acquisition Corp. Announces Filing and Mailing of Definitive Proxy Statement and Special Meeting Date for Proposed Business Combination with Bitcoin Depot

Special meeting of GSR II Meteora Acquisition Corp. stockholders to approve the proposed business combination to be held on March 30, 2023 at 10:00 a.m. Eastern Daylight Time NEW YORK, Feb. 09, 2023 (GLOBE NEWSWIRE) -- GSR II Meteora Acquisition Corp. (NASDAQ: GSRM) (“GSRM”), a special purpose acquisition company, and Lux Vending, LLC dba Bitcoin Depot® (“Bitcoin Depot” or […]

What is a Seed Phrase? & How Do You Keep it Safely Stored?

Bitcoin and cryptocurrencies can be challenging. New users deal with unknown jargon, complex technologies, and unfamiliar topics. Some of these terms can leave crypto holders scratching their heads, or, even worse, unwilling to proceed any further. A term that you may regularly encounter is “seed phrase.” If you’ve found yourself wondering what a seed phrase […]

Spotting Bitcoin and Crypto Scams

The unfortunate reality is that Bitcoin and crypto scams and hacks are common in the world of digital currencies. Even though Bitcoin has been around for more than a decade, it’s still a relatively new technology in the grand scheme of things. However, amidst this new technology are safe methods to purchase Bitcoin, like Bitcoin […]