Most people think you can only get Bitcoin by purchasing it on an exchange or getting it from a friend or relative. However, the truth is you can get Bitcoin the same way you get cash - from an ATM. As it turns out, there are thousands of these amazing machines popping up all across the United States. It’s likely there’s a Bitcoin ATM machine not too far from where you live.
Bitcoin Depot is the best in the business when it comes to Bitcoin ATMs, which is why we’re going to take a look at where you can find a Bitcoin Depot ATM.
A Bitcoin Depot ATM looks a lot like an ATM you’d use to withdraw or deposit money. The biggest difference, of course, is that with a Bitcoin Depot ATM, you’re getting Bitcoin. Just like bank ATMs, you could find a Bitcoin Depot ATM in a nearby convenience store.
With a Bitcoin Depot ATM, you use fiat currency and exchange it to purchase Bitcoin. It’s perfect for anyone who wants to get their hands on Bitcoin without messing with an exchange.
When you use a Bitcoin Depot ATM, you’re getting the best experience in the business. These ATMs are designed to provide a fast, easy, secure, and transparent way to purchase Bitcoin and add it to your crypto wallet.
If you’re worried about a safe transaction, there’s nothing to fret about when you use a Bitcoin Depot ATM. These ATMs follow applicable regulations put forth by the United States and Canada to protect against nefarious parties or money laundering.
Another reason you might consider using a Bitcoin Depot ATM is the ease of adding it to your wallet. You don’t have to mess with setting up an account on an exchange, which could take days. Follow the simple steps on the machine, and before you know it, you’ll have your Bitcoin.
Lastly, they’re convenient. If you’re out running errands and want to buy Bitcoin, open the Bitcoin Depot app, locate the nearest ATM, and turn your cash into Bitcoin in a matter of minutes.
Don’t be intimidated by the idea of using a Bitcoin Depot ATM. The entire process is similar to using a “typical” ATM, but instead of cash, you’re getting crypto. To get started, you need a Bitcoin wallet, but don’t worry if you don’t have one. The Bitcoin Depot app has a wallet built right into it, so you don’t have to mess with downloading another one.
Buying Bitcoin at a Bitcoin Depot ATM is as simple as following the on-screen instructions. There’s not much to it. Once you have your wallet address, provide your information. So long as the transaction is under $250, the only thing Bitcoin Depot wants is your name, email address, and phone number.
When that’s done, you’ll receive a code to verify you are who you say you are. Complete that step, insert your cash into the Bitcoin Depot ATM, then wait for your crypto to arrive.
There are a few ways you can locate a Bitcoin Depot ATM.
If you’re on a laptop or PC, you can visit the Bitcoin Depot website to find the closest Bitcoin Depot ATM. On the website, simply click on the “Locations” tab at the top of your browser, then enter your address or zip code.
Press enter, and you’ll see the nearest Bitcoin Depot ATMs populate on the screen. Choose the location you prefer, click “Get Directions,” and follow them to add some Bitcoin to your wallet.
If you’re usually on your mobile device, you can find a Bitcoin Depot ATM by using the Bitcoin Depot mobile app. You can download the app through both the iOS App Store and the Google Play Store onto your smartphone or tablet.
From here, the process is similar to what you’ll get with the website. Enter your zip code and let the app find the locations nearest you. Choose the Bitcoin Depot ATM you want, then click on “Navigate,” and let the app direct you where to go.
There are literally thousands of Bitcoin Depot ATMs located throughout the United States. If you don’t feel like messing with an exchange or other crypto platform, one of the best alternatives is a Bitcoin Depot ATM. So fire up your laptop or download the mobile app and find a Bitcoin Depot ATM near you!