How to Use a Bitcoin ATM — A Step-by-Step Guide for Beginners
If you’ve walked past a Bitcoin ATM and wondered how it works, you’re not alone. Bitcoin ATMs — also called Bitcoin kiosks or crypto ATMs — make it easy to buy and sell cryptocurrency using cash, without needing a bank account, an online exchange, or any technical knowledge.
In this guide we’ll walk you through exactly how to use a Bitcoin ATM from start to finish, what to bring, what to expect, and how to stay safe.
What Is a Bitcoin ATM?
A Bitcoin ATM is a physical kiosk — usually found in malls, convenience stores, or retail locations — that lets you buy or sell cryptocurrency using cash. Unlike a regular bank ATM that dispenses dollars, a Bitcoin ATM converts your cash into digital currency and sends it directly to your crypto wallet.
Most Bitcoin ATMs support multiple coins including Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and others. Some machines are buy-only, while others let you both buy and sell crypto for cash.
What You Need Before You Go
A smartphone with a crypto wallet app installed (Coinbase Wallet, Trust Wallet, or Exodus all work well)
Cash — most machines accept bills starting at $20
A valid government-issued ID (required for compliance at most machines)
A phone number for SMS verification
Tip: Don’t have a crypto wallet yet? Download one before you visit the ATM. It’s free and takes about 2 minutes to set up. Your wallet will show you a QR code which is what the ATM scans to know where to send your crypto.
How to Buy Bitcoin at an ATM — Step by Step
Find a BitcoinNW ATM near you — visit our Locations page to find your nearest kiosk in Oregon, Idaho, or Utah.
Open your crypto wallet app and navigate to your Bitcoin (or other coin) receive address. It will show as a QR code.
At the ATM, select "Buy" and choose the cryptocurrency you want to purchase.
Enter your phone number when prompted — you’ll receive a verification SMS code.
Scan your wallet QR code using the ATM’s camera.
Insert your cash into the bill acceptor.
Review the transaction details on screen — the amount, exchange rate, and fees will all be clearly displayed before you confirm.
Confirm the transaction. Your cryptocurrency will be sent to your wallet — usually within a few minutes.
How to Sell Bitcoin at an ATM
Selling Bitcoin at an ATM works similarly but in reverse. Select "Sell" on the machine, enter the amount of crypto you want to sell, and the machine will give you a wallet address to send your crypto to. Once the transaction is confirmed on the blockchain, the machine dispenses your cash.
Note: Not all Bitcoin ATMs support selling. Check our Locations page to find BitcoinNW machines that offer both buying and selling.
What About Fees?
Bitcoin ATMs charge a transaction fee, which is typically displayed as a percentage of your transaction. At BitcoinNW, our fees are always shown clearly on-screen before you confirm — you’ll never be surprised by a hidden charge. We also offer some of the most competitive rates in the Pacific Northwest.
Tip: The exchange rate and fee are both shown before you commit to the transaction. If you’re not happy with the rate, you can cancel at any point before confirming.
How to Stay Safe at a Bitcoin ATM
Bitcoin ATMs are safe and legitimate — but like any financial tool they can be targeted by scammers. Here are the most important rules to remember:
Never send Bitcoin to someone you’ve never met in person, no matter how convincing their story
No government agency, utility company, or bank will ever ask you to pay using a Bitcoin ATM
If anyone told you to come to a Bitcoin ATM to claim a prize or avoid arrest, stop immediately — it’s a scam
If you’re unsure about a transaction, call us at 503.985.8066 before sending — we’re here to help
For a full guide to Bitcoin scams and how to avoid them, visit our BitcoinNW Safety & Protection page.
Frequently Asked Questions
How long does a Bitcoin ATM transaction take?
Most transactions complete within a few minutes. The time depends on how busy the Bitcoin network is at that moment. For larger transactions there may be a short delay while the blockchain confirms the transfer.
How much can I buy at a Bitcoin ATM?
You can typically start with as little as $20. For larger purchases, transaction limits apply and ID verification is required under federal regulations. Contact us for information on higher-limit transactions.
Do I need a Bitcoin wallet before using the ATM?
Yes — you’ll need a wallet app on your phone to receive your crypto. Popular free options include Coinbase Wallet, Trust Wallet, and Exodus. Each one is free to download and takes just a couple of minutes to set up.
Is it safe to use a Bitcoin ATM?
Yes. BitcoinNW is a licensed Money Services Business (MSB #31000309367633) operating in full compliance with state and federal regulations. Our machines are regularly maintained and our team is available Mon–Sat 9am–8pm if you have any concerns.
Ready to Try a BitcoinNW ATM?
With locations across Portland, Beaverton, Salem, Bend, Medford, Boise, Idaho Falls, Coeur d’Alene, Orem, and Murray — there’s likely a BitcoinNW kiosk near you. No appointment needed, no bank account required.
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