6 Best Bitcoin ATMs With Low Fees and High Privacy in Recent Years

What Are the Best Bitcoin ATMs?

For individuals who regularly transact with Bitcoin or need to convert cash to cryptocurrency and vice versa, Bitcoin ATMs represent an increasingly viable solution. These physical machines serve as bridges between traditional finance and the web3 ecosystem, offering convenience and accessibility that online exchanges sometimes cannot match. When selecting a Bitcoin ATM, two critical factors stand out: transaction fees and privacy features. In recent years, the market has evolved significantly, with several providers emerging as leaders in offering competitive rates while respecting user privacy. This comprehensive guide examines the top low-fee Bitcoin ATMs currently available, helping you make informed decisions about where to conduct your cryptocurrency transactions.

1. Shitcoins.club ATM

Availability: Europe and Peru

Crypto: BTC, ETH, and 4+

KYC: Low

Fees: Varies, but typically 3%-4%

What Is It?

Shitcoins.club has established itself as one of the world's most privacy-focused Bitcoin ATM networks. The platform's approach to user verification sets it apart from competitors, requiring KYC (Know Your Customer) procedures only when mandated by local regulations. This commitment to privacy makes it particularly attractive to users who value anonymity in their cryptocurrency transactions.

The network operates nearly 200 locations across Europe and Peru, with ambitious expansion plans for additional markets. What makes Shitcoins.club particularly noteworthy is its innovative fee structure. The company regularly organizes special discount events during which Bitcoin ATM fees are reduced to 0%, or alternatively, users receive an additional 2% value on their exchanges. These promotional periods provide exceptional value for users who can time their transactions accordingly.

Pros and Cons

Pros

• Exceptionally low transaction fees compared to industry standards
• Minimal to no KYC requirements, preserving user privacy
• Regular promotional events offering zero-fee transactions
• Support for multiple cryptocurrencies beyond Bitcoin

Cons

• Geographic availability limited to Europe and Peru
• Fee structures vary significantly by country and transaction type

Additional Information

The fee structure at Shitcoins.club ATMs demonstrates considerable variation depending on the country of operation and transaction type. While some locations offer 0% fees for buying cryptocurrency or even provide additional value to users, the average fee typically ranges between 3% and 4%. This variability means that in one country, buying Bitcoin might incur a 0% fee while selling could cost around 7%, and these rates may shift over time based on local market conditions and regulatory requirements.

Beyond Bitcoin, Shitcoins.club supports six different cryptocurrencies: BTC, ETH, LTC, USDT, TRX, and DASH. Each cryptocurrency has its own distinct buy and sell rates, which are clearly displayed at each ATM location. This multi-currency support allows users to diversify their cryptocurrency holdings or exchange between different digital assets as needed. The platform's transparency regarding rates and fees helps users make informed decisions before initiating transactions.

2. Coinstar Bitcoin Machines

Availability: U.S.

Crypto: BTC, LINK, and 6+

KYC: Intermediate

Fees: 4%-11%

What Is It?

Coinstar represents a unique convergence of traditional coin-counting services and cryptocurrency accessibility. The company has transformed over 20,000 of its existing coin collection machines to accept Bitcoin purchases, creating one of the most extensive cryptocurrency ATM networks in the United States. This service is now available in over 9,500 locations across 49 states, strategically positioned in grocery stores and retail locations where people already conduct their daily shopping.

The partnership between Coinstar and Coinme enables cryptocurrency purchases at the local level, making Bitcoin acquisition as convenient as buying groceries. This accessibility is particularly valuable for individuals who may not have easy access to online exchanges or prefer the immediacy and tangibility of physical ATM transactions. The widespread availability of Coinstar machines means that most Americans live within a short distance of a location where they can purchase cryptocurrency.

Pros and Cons

Pros

• Extensive availability in grocery stores and retail locations nationwide
• Fees range from low to intermediate compared to many competitors
• Support for multiple cryptocurrencies beyond Bitcoin
• Convenient locations integrated into existing shopping routines

Cons

• Coin kiosks only accept paper bills for cryptocurrency purchases, not coins
• Service availability limited to the United States
• Fee structure includes both transaction and exchange components

Additional Information

Coinstar's fee structure consists of two components: a 4% transaction fee and a cash exchange fee that can reach up to 11% for each cryptocurrency purchase. The total cost to users therefore ranges from approximately 4% to 15%, depending on the specific location and transaction details. It's important to note that fees may vary by location due to local regulations, operational costs, and market conditions.

The platform supports a diverse range of cryptocurrencies beyond Bitcoin, including LINK, DOGE, ETH, LTC, MATIC, XLM, and USDC. This variety allows users to purchase different types of digital assets based on their investment strategies or specific use cases. The ability to buy multiple cryptocurrencies from a single, familiar location simplifies the process for users who maintain diversified cryptocurrency portfolios. Despite being coin-counting machines, these kiosks only accept paper bills for cryptocurrency purchases, which users should keep in mind when planning their transactions.

3. Just Cash ATM

Availability: U.S.

Crypto: BTC

KYC: Low

Fees: Low

What Is It?

Just Cash has been a pioneer in the Bitcoin ATM space since 2015, operating primarily in Florida. The organization's innovative approach involves leveraging the existing ATM infrastructure to bring cryptocurrency and digital payments to the general public. Rather than deploying entirely new machines, Just Cash integrates Bitcoin functionality into traditional ATM networks, reducing operational costs and increasing accessibility.

This integration strategy allows Just Cash to offer cryptocurrency services through familiar ATM interfaces that users already trust and understand. The company's focus on utilizing existing payment infrastructure demonstrates a practical approach to cryptocurrency adoption, making Bitcoin accessible through machines that people already use for their daily banking needs. This familiarity can reduce the intimidation factor that sometimes prevents newcomers from engaging with cryptocurrency.

Pros and Cons

Pros

• No KYC requirements, offering maximum privacy
• Utilizes existing ATM infrastructure and familiar payment processes
• Provides paper wallets for secure offline storage
• Low fees compared to many specialized Bitcoin ATMs

Cons

• Fee structure lacks transparency and clear disclosure
• Service availability limited to the United States, primarily Florida
• Supports only Bitcoin, not other cryptocurrencies

Additional Information

One of Just Cash's most significant advantages is its minimal verification requirements. Beyond requiring users' debit cards and PINs—standard for any ATM transaction—there are no additional identity verification procedures at the machine. This approach maximizes privacy while still maintaining the security standards necessary for financial transactions. Customers can access cardless ATM networks through Just Cash, further enhancing convenience and security.

Upon completing a Bitcoin purchase, users receive two important items: a transaction receipt documenting the purchase details and a paper wallet containing both the public and private keys associated with their Bitcoin. This paper wallet approach provides an offline storage option that many security-conscious users prefer. The paper wallet contains all the information necessary to access and manage the purchased Bitcoin, offering a tangible record of the transaction. Users should store these paper wallets securely, as they represent direct access to the cryptocurrency value. While the exact fee structure isn't publicly detailed, Just Cash is known for maintaining competitive rates within the industry.

4. LibertyX ATM

Availability: U.S.

Crypto: BTC

KYC: Intermediate

Fees: 8%

What Is It?

LibertyX holds a significant place in Bitcoin ATM history, having unveiled its first anonymous Bitcoin ATM in 2013. This early entry into the market has allowed the company to develop an extensive Bitcoin ATM network that now spans major retail chains across the United States. Through partnerships with CVS, Walgreens, Rite Aid, and Costco, LibertyX provides instant Bitcoin purchasing capabilities through the same dependable and secure ATMs that customers use for cash withdrawals.

The LibertyX model emphasizes convenience and accessibility by integrating with established retail locations where people already shop regularly. This strategic positioning eliminates the need for users to seek out specialized cryptocurrency vendors or navigate unfamiliar locations. The service requires no wire transfers, ACH transactions, or bank account linking—users need only their debit card and the LibertyX mobile app to complete transactions. This streamlined approach removes many of the barriers that traditionally complicate cryptocurrency purchases.

Pros and Cons

Pros

• Available in notable national retail store chains
• User-friendly mobile app for transaction management
• No need to link bank accounts or initiate wire transfers
• Established presence with over a decade of operational experience

Cons

• Service availability limited to the United States
• Tiered KYC system requires additional verification for higher purchasing limits
• Supports only Bitcoin, not other cryptocurrencies
• 8% fee is higher than some competitors

Additional Information

LibertyX's design philosophy centers on non-custodial operation, meaning users maintain complete control over their Bitcoin. The platform works seamlessly with all types of Bitcoin wallets, including mobile wallets, desktop clients, and hardware wallets. Users simply enter their Bitcoin address into the LibertyX app to designate where their purchased Bitcoin should be sent. This compatibility ensures that users can integrate LibertyX transactions into their existing cryptocurrency management systems without requiring new wallets or additional software.

The purchasing process involves initiating a Bitcoin transaction with a debit card at a participating ATM, then visiting one of over 30,000 retail locations to complete the transaction. Users can finalize purchases using either their debit card or cash at select stores, providing flexibility in payment methods. The mobile app serves as the central hub for locating nearby ATMs, tracking transaction history, and managing purchases. While the 8% fee is higher than some competitors, it includes the convenience of widespread retail availability and the security of non-custodial operations. The tiered KYC system means that users seeking higher purchase limits will need to provide additional verification, balancing privacy with regulatory compliance.

5. RockitCoin

Availability: U.S. and Puerto Rico

Crypto: BTC, BCH, LTC, ETH

KYC: Low

Fees: Spread fee + flat fee

What Is It?

Headquartered in Chicago, RockitCoin operates one of the largest Bitcoin ATM networks in the United States, with over 1,500 machines deployed across cities and towns throughout the country and Puerto Rico. The company's extensive footprint makes it accessible to a broad user base, from major metropolitan areas to smaller communities. Beyond physical ATMs, RockitCoin has developed a comprehensive ecosystem of cryptocurrency services, including a mobile wallet application and an online exchange platform.

What distinguishes RockitCoin is its entrepreneurial approach to network expansion. The company offers individuals and businesses the opportunity to host RockitCoin ATMs in their local communities, creating a revenue-sharing model that benefits both the company and location hosts. This franchise-like approach has accelerated the network's growth while providing local entrepreneurs with a way to participate in the cryptocurrency economy. The company's 24/7 availability and high withdrawal limits make it particularly suitable for users who need flexible access to their cryptocurrency holdings.

Pros and Cons

Pros

• Minimal KYC requirements, requesting only phone numbers for basic transactions
• 24/7 availability at most locations
• High withdrawal limits accommodating larger transactions
• Comprehensive mobile app with wallet and exchange features
• Opportunity to host ATMs and earn additional income

Cons

• Geographic availability limited to U.S. and Puerto Rico
• Fee structure combining spread and flat fees can be complex to calculate
• Smaller cryptocurrency selection compared to some competitors

Additional Information

RockitCoin's approach to user verification emphasizes privacy while maintaining regulatory compliance. Rather than requiring government-issued identification from every customer, the company typically requests only a phone number for account creation and basic transactions. This streamlined verification process allows users to begin transacting quickly while preserving a degree of anonymity. For larger transactions or when required by local regulations, additional verification may be necessary.

The RockitCoin mobile app extends the company's services beyond physical ATMs, providing users with a complete cryptocurrency management solution. Through the app, users can buy, sell, transfer, trade, and store multiple cryptocurrencies, including BTC, BCH, LTC, and ETH. The app functions as a digital wallet, giving users complete control over their coins. Importantly, users receive and maintain exclusive control of their private keys when setting up the wallet, ensuring that only they can access their cryptocurrency holdings. This non-custodial approach aligns with cryptocurrency's fundamental principle of user sovereignty over digital assets.

The fee structure at RockitCoin ATMs consists of both a spread fee (the difference between buying and selling prices) and a flat transaction fee. While this dual-fee system can make exact costs less transparent than simple percentage-based fees, it allows the company to offer competitive rates while covering operational expenses. Users should review the specific fees displayed at each ATM before completing transactions, as rates may vary by location and transaction size.

6. Pelicoin ATM

Availability: Southern U.S.

Crypto: BTC, LTC, and ETH

KYC: Intermediate

Fees: N/A

What Is It?

Pelicoin operates a regional network of cryptocurrency ATMs focused on the Gulf South region of the United States. The company has strategically deployed machines across Texas, Louisiana, Mississippi, and Alabama, concentrating on areas underserved by larger national networks. Pelicoin's approach emphasizes convenience and accessibility by installing ATMs in shops that operate late hours or round-the-clock, ensuring that users can access cryptocurrency services when they need them, regardless of the time.

The company offers flexible options for receiving purchased cryptocurrency, allowing users to choose between direct wallet deposits or paper wallets. This flexibility accommodates different user preferences and technical comfort levels. For users with existing cryptocurrency wallets, direct deposit provides immediate access to purchased coins. For those preferring offline storage or lacking a digital wallet, paper wallets offer a tangible alternative that can be set up later at the user's convenience.

Pros and Cons

Pros

• Uses paper wallets, providing offline storage options
• Company covers Bitcoin ATM fees for users, reducing transaction costs
• Strategic placement in late-night and 24-hour establishments
• Support for multiple major cryptocurrencies

Cons

• Limited geographic availability, even within the United States
• Fee structure lacks public transparency
• Regional focus means limited accessibility for users outside the Gulf South

Additional Information

Pelicoin's user experience is designed for simplicity and minimal requirements. In many cases, users need only their mobile phone and the cash they wish to convert to cryptocurrency. The phone facilitates the transaction process and provides a means to receive the purchased cryptocurrency. However, depending on the transaction amount, users may need to provide a driver's license for verification purposes. This tiered verification approach balances privacy with regulatory compliance, allowing smaller transactions with minimal documentation while requiring additional verification for larger purchases.

One of Pelicoin's most attractive features is its policy of covering Bitcoin ATM fees for users. This fee coverage can result in significant savings compared to competitors, though the exact details of what fees are covered and under what circumstances are not publicly specified. Users should inquire at specific locations about current fee policies.

The platform supports three major cryptocurrencies: LTC, BTC, and ETH, covering the most widely used digital assets. Users can receive their purchased cryptocurrency through multiple methods: scanning a QR code from their existing wallet, providing wallet address information directly, or receiving a paper wallet generated by the ATM. This multi-method approach ensures that users of all technical skill levels can successfully complete transactions. Paper wallets generated by Pelicoin ATMs contain both public and private keys, allowing users to access their cryptocurrency later by importing the keys into a digital wallet application.

What Are Bitcoin ATMs?

Bitcoin ATMs function similarly to traditional ATM kiosks but operate within the cryptocurrency ecosystem rather than the traditional banking system. These specialized machines enable users to withdraw cash, buy and sell cryptocurrency, and in some cases, send digital assets to other users or addresses. The fundamental difference between Bitcoin ATMs and traditional ATMs lies in their connection to financial systems: while traditional ATMs link directly to bank accounts, Bitcoin ATMs connect to cryptocurrency wallets, exchanges, and blockchain networks.

The operational mechanics of Bitcoin ATMs are designed to bridge the gap between physical currency and digital assets. These machines interact with cryptocurrency wallets, crypto debit cards, and accounts connected to various exchanges. To use a Bitcoin ATM, users typically follow a straightforward process: they enter their wallet address or scan a QR code, specify the amount they wish to withdraw or purchase, and either receive cash or complete a cryptocurrency purchase. The ATM handles the conversion between physical currency and digital assets, debiting cryptocurrency from the user's account and dispensing cash in the local currency (such as USD, GBP, or EUR), or vice versa for purchases.

The global proliferation of Bitcoin ATMs demonstrates the growing acceptance and integration of cryptocurrency into everyday financial activities. With more than 38,000 ATMs operating worldwide—a figure that continues to grow—traditional financial infrastructure is increasingly acknowledging Bitcoin's utility and user demand. This expansion has made cryptocurrency more accessible to the general public, enabling simple transactions like buying groceries with crypto or instantly converting cryptocurrency holdings to cash for immediate needs.

Beyond everyday convenience, Bitcoin ATMs serve important functions in crisis situations and for underserved populations. For example, these machines have proven valuable in providing refugees with access to cash and financial services when traditional banking infrastructure is unavailable or inaccessible. The ability to convert cryptocurrency to local currency through ATMs can literally be life-saving in emergency situations, demonstrating that these machines offer more than just convenience—they provide critical financial access that can significantly impact lives during challenging circumstances.

Bitcoin ATMs Comparison

What Is a Bitcoin ATM?

A Bitcoin ATM is a specialized kiosk that enables users to buy and sell Bitcoin using physical cash or debit cards. These machines establish internet connections to facilitate secure Bitcoin transactions directly on the blockchain, ensuring that all operations are recorded and verified according to cryptocurrency protocols. The user interface typically involves scanning a QR code from the user's Bitcoin wallet to designate where purchased Bitcoin should be sent, or inputting wallet information to initiate a sale of Bitcoin in exchange for cash.

The primary advantage of Bitcoin ATMs lies in their accessibility and independence from traditional banking infrastructure. These machines provide a convenient entry point for people to engage with cryptocurrency without requiring a traditional bank account, credit history, or extensive technical knowledge. This accessibility is particularly valuable for unbanked or underbanked populations, individuals concerned about financial privacy, and those seeking alternatives to conventional banking systems. By offering a physical interface for cryptocurrency transactions, Bitcoin ATMs make digital assets more tangible and approachable for users who may be intimidated by online exchanges or complex wallet management software.

The Best Bitcoin ATMs Offer Low Fees and Privacy

Bitcoin ATMs have historically faced criticism for charging notably high transaction fees and imposing stringent AML (Anti-Money Laundering) and KYC (Know Your Customer) requirements. Most companies operating these services must adhere to strict regulatory frameworks to maintain operations across multiple jurisdictions and locations. As these companies grow and expand their networks, operational costs naturally increase, encompassing expenses such as mining fees, communication infrastructure (antennas and internet connectivity), armored truck services for cash management, retail space rental, machine maintenance, and regulatory compliance.

Initially, these elevated operational costs were passed directly to customers through high transaction fees, sometimes reaching 15-20% or more. However, the cryptocurrency ATM market has matured significantly over time. As competition has intensified and operational efficiencies have improved, services have become considerably more affordable and competitive. Many cryptocurrency ATMs now offer low fees—some as low as 3-4% or even 0% during promotional periods—while still maintaining robust privacy features.

This evolution demonstrates that users no longer face a forced choice between low fees and privacy protection. The best Bitcoin ATM providers have proven that both can be achieved simultaneously through efficient operations, strategic location selection, and innovative business models. Companies like Shitcoins.club exemplify this balance, offering some of the lowest fees in the industry while requiring minimal KYC procedures. Similarly, services like Just Cash and RockitCoin demonstrate that privacy-focused approaches can coexist with competitive pricing.

When selecting a Bitcoin ATM, users should evaluate both fee structures and privacy policies to find the optimal balance for their needs. The comparison table provided in this guide illustrates the range of options available, from ultra-low-fee services with minimal verification to slightly higher-cost options offering broader cryptocurrency selection or more convenient locations. The key takeaway is that the market now offers genuine choice: users can find Bitcoin ATMs that respect their privacy while charging reasonable fees, making cryptocurrency more accessible than ever before.

FAQ

What is a Bitcoin ATM and how does it differ from traditional ATMs and online exchanges?

A Bitcoin ATM is a machine that enables direct cryptocurrency transactions, connecting to crypto exchanges rather than traditional banking systems. Unlike conventional ATMs, it allows users to buy or sell Bitcoin without requiring a bank account, offering faster transactions and enhanced privacy compared to online platforms.

How to buy or withdraw Bitcoin using Bitcoin ATMs? Is identity verification required?

Using a Bitcoin ATM is straightforward: scan the QR code or enter your wallet address, select buy or sell, insert cash or confirm transaction, then complete identity verification. Most ATMs require basic ID verification for compliance, similar to bank transactions. Follow on-screen instructions to complete your transaction securely.

What are the typical fees for Bitcoin ATMs? Are there significant differences in fees between different ATMs?

Bitcoin ATM fees typically range from 15-16% on average, but can vary significantly between different machines. For larger transactions, consider using ATMs with lower fees even if they're farther away.

How is privacy protected when transacting with Bitcoin ATMs? Is KYC authentication required?

Most Bitcoin ATMs require KYC verification to comply with regulations and prevent illegal activities. Privacy levels vary by region and operator. Lower-tier transactions may have reduced requirements, while larger amounts typically demand full identity verification including photo ID and personal information.

Are Bitcoin ATM transactions safe? What risks should I pay attention to when using them?

Bitcoin ATM transactions are generally safe if used properly. Key risks include phishing scams, fraudulent impersonation schemes, and high transaction fees. Always verify the ATM location, keep receipts until assets arrive, never send funds under pressure, and be cautious of social engineering tactics. Security depends primarily on user awareness and operational habits.

How many Bitcoin ATMs are there globally? How do I find the nearest Bitcoin ATM to me?

There are thousands of Bitcoin ATMs worldwide. Use Bitcoin.com's ATM map to locate the nearest one to you. Simply visit the site, search by location, and find ATMs with low fees and high privacy options in your area.