Buy or Sell bitcoins for cash, bitcoin ATM alternatives, Blog, Coin ATM Radar

Blog | Coin ATM Radar

Buy or Sell bitcoins for cash, bitcoin ATM alternatives

Bitcoin ATMs appeared very first in two thousand thirteen and since then enlargened their presence in many countries around the world. At the moment there are three hundred forty one bitcoin ATM installed according to our bitcoin machines map.

Bitcoin ATM is one of the fastest ways to get into bitcoins and sell bitcoins for cash in case it supports two-way operations. But in parallel there are many more physical locations, where you can buy bitcoins for cash or sometimes sell. Those services are usually based on the existing infrastructure be it ATMs network, stores chain or agent offices. Here is a list of such services, usually every of them is targeting some geographical local market.

Bitcoin/Cash services are broadly available in the following countries:

Lithuania: Foxbox terminals

Direction: buy bitcoin only

Network size: seventy self-service terminals

FOXBOX is a provider for terminals accross Lithuania. Additionally to other top-up services these terminals permit to buy bitcoins with cash.

In order to purchase bitcoins from this terminal the user has to input the amount in Litas and the equivalent in BTC will be displayed. Then the user has to input the email address, where the keys will be sent. Keys (including private keys) are sent unencrypted, so in general it is recommended to buy petite amounts of bitcoins (due to lack of email security) and wallet should be swiped as soon as possible.

Step by step process for buying bitcoin at the Foxbox terminal is ullustrated here.

Taiwan: BitoEX at convenience stores

Direction: buy bitcoin only

Fees: 1% and standard NT$25 fee from the kiosk owners (about US seventy five cents)

Network size: Five,000 convenience stores (plans to grow)

Taiwanese bitcoin exchange BitoEX made bitcoins available at five thousand stores: Family Mart, Hi-Life and OK Mart (originally began with three thousand of Family Mart network). These are country’s 2nd, 3rd and 4th largest convenience stores.

Jason L. Gatewood illustrates the process of buying bitcoin via Family Mart at the following movie:

So very first you use FamiPort terminal, provide your phone number, birth date, define the amount in Taiwanese dollars and then print a receipt. You need to pay the receipt at the counter and get a receipt with bitcoin access QR codes. Also a link will be received at mobile from BitoEX, where the user can claim bitcoins by providing bitcoin address where bitcoins will be sent instantly.

Ukraine: BTCU and The National Credit Bank

Direction: buy bitcoin only

Fees: Trio.5% from Bistamp (representative announcement), 10-15% (people on forums)

Ukrainian company BTCU has used the existing network of The National Credit Bank terminals to add the option of purchasing bitcoins. There are more than 4000 locations across Ukraine, where everybody can buy bitcoins.

The process has two steps: very first you find one of the terminals and replenish BTCU account. Store the receipt with activation code. Then apply the code at the BTCU site, where you provide your bitcoin address. And the cryptocoins are sent to you instantly. Later the option of purchasing with credit cards was added to the site.

Romania: Zebrapay terminals

Direction: buy bitcoin only

Bitcoin Romania in partnership with Zebrapay launched this service at more than 800 terminals across the country in October 2014. The process of purchasing bitcoins at these terminals is fairly straightforward: you either give your bitcoin address or address shortener (which is a combination of several letters you associate your address before using the company’s site in order to simplify input process at the machine), then you insert cash and bitcoins are sent to you.

So functionally it is very close to what we perceive as bitcoin ATM, but there is rather no special hardware present like QR code scanner, which will permit not to input bitcoin address by hand, but rather scan it from your device.

Here is a brief movie illustrating the process:

U.S.: LibertyX

Direction: buy bitcoin only

Fees: 0% (will switch in the future)

Two MIT students established a company named Liberty Teller, which was operating Lamassu bitcoin ATMs in Boston. Later the company was rebranded to LibertyX. At the moment they operate four bitcoin machines in Boston and Cambridge.

Additionally the company launched bitcoin access services at 2500 locations in thirty three US states at mobile phone and convenience stores. The process is very similar to BTCU terminals, but rather than topping up account at terminal, you do this at cashier of the store. You don’t buy bitcoins instantly, but you are given a PIN code, which then can be redeemed on the LibertyX site in exchange for bitcoins. On the site you need to provide name, address, and date of birth in order for the company to implement basic KYC-policy.

Mexico: SendBitcoin.mx and BBVA Bancomer ATMs

Direction: sell bitcoin only

Network size: 6,000 bank ATMs

This is fairly a different to mentioned above project because it permits to sell bitcoins for cash using the existing infrastructure, which is a network of more than 6000 traditional bank ATMs in this case. BBVA Bancomer bank ATMs permitted to use “Mobile money” feature in order to withdraw fiat money from the ATMs without using a card. How to top up balance with bitcoin to the phone number was just a matter of realization. As bitcoins can be sent from any place in the world – it makes the service of remittance to Mexico for only 1%, which is a indeed step forward with the current remittance system.

How it works? User goes to the SendBitcoin.mx site and chooses how much to send, provides sender email and recipient name and phone number, then QR code is displayed where bitcoins to be sent. After bitcoins are sent the user is given 12-digit code and the recipient receives 4-digit pin code on the mobile phone provided. Using these two codes at the ATM the recipient can withdraw Mexican pesos without bank card at any ATM of the network.

As of August two thousand fifteen the service is reported as closed with no clear message why. According to assumptions of the users, such a business was a disturbance of money-laundring law in Mexico and it was shut down either by the government or by the bank.

Philippines: Coins.ph and Philippines Security Bank

Direction: sell bitcoin only

Fees: free for Coins.ph users

Network size: four hundred fifty bank ATMs

This is a very similar project to the Mexican one. It permits to send bitcoins and receive cash at four hundred fifty bank ATMs. It is a result of the partnership inbetween bitcoin-oriented Coins.ph startup and eGiveCash service operated by the Philippines’ Security Bank.

You need to be a Coins.ph wallet user and have your account verified at Level two (email verified and identity verified) in order to use this pay out option. The process is fairly elementary. The recipient recieves a 16-digit code, while the sender is given 4-digit code. In order to withdraw cash the recipient also have to know the exact amount.

Czech Republic: WBTCB via Geco kiosks

Direction: buy and sell bitcoin

Launched: June two thousand sixteen (previously January 2015, then suspended)

Network size: two hundred sixty four Geco tobacco kiosks

The company WBTCB also runs several bitcoin ATMs in Czech Republic launched a service https://www.easycoin.cz/, which permits to buy and sell bitcoins for cash at many locations in Czech Republic.

Originally the service was launched in January two thousand fifteen at eight thousand post office locations (buy bitcoins for cash only). But later it was suspended. In June two thousand sixteen the service was re-launched. Now it is possible to buy and sell bitcoins for cash at approximately two hundred fifty locations across the country at Geco tobacco kiosks.

The process is relatively effortless for both buy and sell bitcoins user needs to initiate order very first on the site https://www.easycoin.cz/

In case of bitcoin purchase, user needs to provide BTC address where to bitcoins will be sent and then get an order generated. After this visit any of Geco locations and pay with cash to a given payment number, bitcoins will be released to given address.

In case of selling bitcoins for cash, user needs to generate order on the site very first. Additionally to order a BTC address will be displayed where bitcoins to be sent.

After one confirmation is received for bitcoin payment cash can be received at any of locations from the network with printed order and PIN code.

Spain: Chip Chap and Halcash

Direction: sell bitcoin only

Network size: Ten,000 bank ATMs (plans to grow)

Chip Chap is an app, which permits to convert bitcoins to cash and withdraw at about ten thousand bank ATMs in Spain via Halcash system. At the moment it is supported within Spain, but the ATMs are spread across Europe and potentially the service can be enriched to include other countries later like England, France and even Mexico.

At the moment you can choose to convert bitcoin to cash, later the exchange from Ukash to bitcoin is planned. The process is straightforward, after downloading the app user chooses conversion from Bitcoin to Halcash, provides the mobile number and desired amount in Euros to receive, then the QR code displayed with address where to send bitcoins. After bitcoins received, the user is provided with access code, which can be used at one of the ATMs in order to withdraw cash without bank card.

Austria: Bitcoinbon from Coinfinity

Direction: buy bitcoin only

10% (price on the site compared to Kraken)

Network size: six hundred Tobaco kiosks

On February 02, two thousand fifteen Coinfinity, which also run a bitcoin ATM in Wien launched a fresh project to make Bitcoin more accessible in Austria – Bitcoinbon. Now you can buy at six hundred locations (tobacco kiosk) special prepaid cards with nominal 25, 50, one hundred EUR and then using the code on the card convert it to bitcoins on the site.

Thailand: Coins.co.th

Direction: buy and sell bitcoin for cash

Network size: 9,000 Krungthai bank ATMs (sell),

Three,000 Kasikorn bank Cash Deposit Machines (buy)

Thailand’s bitcoin service Coins which permits to buy, sell and accept bitcoins, enhanced its services to cash to bitcoin and bitcoin to cash operations.

For buying bitcoins – users can use Kasikorn cash deposit machines. The process is illustrated in the following movie:

So generally you need to create a buy order on the site, and during the sixty minutes interval the cash has to be deposited in one of the Kasikorn bank network. After this the user confirms that cash deposit is ended and during a brief while bitcoins are transfered to the provided bitcoin address.

For selling bitcoins for cash – users can use any of Krungthai bank ATMs. The process is covered in the following movie:

For selling bitcoins the Krungthai bank ATM network can be used, where you don’t need to have an ATM card in order to use the service. For using the service you need Thai mobile number. The steps are similar to services in other countries. The user has to create a sell order and choose cardless option, e.g. Krungthai bank ATM. After this the QR code is given where to bitcoins have to be sent. After bitcoins are received – two reference codes are sent to the user (via mobile sms and via email). Both codes are needed to be used at bank ATM in order to withdraw cash.

South Korea: Coinplug

Direction: buy bitcoin for cash or credit card

Launched: January two thousand fifteen (convenience stores), March two thousand fifteen (ATM network)

Network size: 8,000 7-11 stores (24,000 in plans) + 7,000 regular ATMs

South Korean company Coinplug, which has two own bitcoin ATMs running in Seoul (Coffee Sedona and Korea University) has made bitcoin much more effortless to purchase for public. The company provides the following services:

  • Purchase pin code at cashier for the nominal values of Ten,000, 30,000 and 50,000 South Korean won (approximately $Ten, $30 and $50). The company plans to sell okBitcards with predefined amounts instead of cashier receipts.
  • Purchase similar pin code printed on the receipt at one of the Nautilus Hyosung ATMs using credit card.

Later the pin code can be converted to bitcoins using Coinplug’s smartphone app or the okBitcard site.

The following movie demonstrates how to buy bitcoins via convenience store network:

And the following movie shows similar process of purchasing bitcoins at ATM using credit card:

Poland: Chip Chap App

Direction: sell bitcoin only

Network size: Four,000 bank ATMs

This is the same company which made available bitcoin sales at 10K traditional bank ATMs in Spain. Now they have extended their services to Poland. Users of the Chip Chap app can lightly check the map of locations and sell bitcoins at four thousand ATMs across Poland.

Argentina: More Money Transfer and Bitex.la

Direction: buy bitcoin for cash

Argentinian bitcoin exchange company Bitex.la came into agreement with local money transfer company More, when the latter provides their offices to accept cash deposit and sends money to Bitex.la. Users must very first register accounts with exchange, which is very risky in Argentina as some reddit user mentioned, but in the end this permits to buy bitcoins with cash, albeit there is a gap in time inbetween you deposit cash and receive bitcoins.

Mexico: Chip Chap

Direction: buy bitcoin only

Chip Chap has its services also in Spain and Poland. However, there users can sell bitcoins for cash using existing bank ATM networks. Now it is available for Mexican users as well, who can buy bitcoin for cash at about five thousand locations from La Mission to 7-Eleven.

Users need to generate very first a barcode using Chip Chap and then the app will lead them towards closest shop to get bitcoins.

To buy bitcoins:

– Very first of all the user have to select in the main screen Paynet as cash in method and Bitcoin as cash out.

– Then the user have to select an amount in mexican pesos, and the Bitcoin address in which chip-chap will send bitcoins. The app will generate a Paynet reference which user have to pay in one of these local commerces http://www.openpay.mx/tiendas- de-conveniencia.html

– When the system receives the payment, bitcoins will be send to the user.

Worldwide (130 countries): twenty four 7 Exchange

Direction: buy and sell bitcoin for cash

Fees: depending on location (about 1%)

Network size: 400,000 Money Polo service points worldwide

247 Exchange with its playmate MoneyPolo™ provides chance to buy and sell bitcoin and other cryptocurrencies for cash in about one hundred thirty countries at approximately 400,000 agent locations.

All you need to do to buy cryptocurrency is create an order on the site, provide details about yourself (AML/KYC) and pay with cash at agent location, you get cryptocurrency instantaneously.

In order to cash out bitcoins – users create an order, send bitcoins, after two confirmations cash could be received at any of network locations.

Bulgaria: Crypto.bg via EasyPay and CashTerminal

Direction: buy and sell bitcoin for cash

Two,500 eur) per transaction

Crypto.bg has integrated the EasyPay and CashTerminal and turned their services into bitcoin terminals.

You can buy bitcoins through CashTerminal totally anonymously by very first associating your bitcoin address to a 7-digit-number at crypto.bg and then insert cash to this number at the machine.

Event tho’ the desks of EasyPay are human-operated, using Crypto.bg you turn them literally to bitcoin tellers. You can both buy and sell bitcoins by very first creating a respective order on the site. If you are buying, you get a ten digit number which you provide to the cashier at the EasyPay desk. If you sell bitcoin, you send them to Crypto.bg after injecting your names and ID and soon after that you pick up the cash by presenting your ID at the desk.

Australia: Blueshyft and Bitcoin Australia

Direction: buy bitcoin for cash

Boundaries: minimum $50, maximum order of $2000 and a daily limit of $8000 per person

Australian companies Blueshyft and Bitcoin Australia joint effort in order to make bitcoin purchases for cash available at more than one thousand two hundred retail locations.

In order to buy bitcoins via this service you need to create an order on the site and then walk to one of locations and scan a QR code by terminal. Cashier will take the cash and inject pin to the terminal, which will send bitcoins to your address provided on the site. Process takes less than a minute and bitcoins are sent within thirty minutes.

Canada: Flexepin via Bitaccess, Netcoins, QuickBT

Direction: buy bitcoin for cash

Fees: n/a ( Flexepin charges a fee at the retail location, t he retailer should NOT charge sales tax. )

*numerous vouchers may be redeemed at once up to $Two,000 at Bitaccess

Network size: over Four,000 individual locations

Canadian company Bitaccess, which produces bitcoin ATMs, has collaborated with Flexepin and Payment Source in order to make bitcoin much more accessible to Canadians. Now, you can buy bitcoins at over Four,000 locations across the country!

To buy bitcoin, visit the nearest Flexepin retail location and purchase a voucher for cash or debit ($20 – $500 per voucher). Each Flexepin will charge a puny fee of $1.95 – $15.95. This code can be redeemed on the website of Bitaccess for bitcoins (https://bitcoin.bitaccess.co/). You can find locations on our bitcoin ATM map, just use “Other services” in the filter.

The following movie demonstrates how to purchase bitcoins with this service:

Companies that presently accept Flexepin:

Netcoins is another Canadian provider to purchase bitcoins. The service was supporting purchasing of bitcoins online, however, later they also partnered with Flexepin and permit redeeming flexepin code at their site as well in exchange for bitcoins.

QuickBT is a Canadian based company which operates another network for purchasing bitcoins via its own application also supports integration with Flexepin. So purchased voucher could be converted to bitcoins via this provider as well.

Do you know about other Bitcoin <-> Cash services? Let us know!

Buy or Sell bitcoins for cash, bitcoin ATM alternatives, Blog, Coin ATM Radar

Blog | Coin ATM Radar

Buy or Sell bitcoins for cash, bitcoin ATM alternatives

Bitcoin ATMs appeared very first in two thousand thirteen and since then enhanced their presence in many countries around the world. At the moment there are three hundred forty one bitcoin ATM installed according to our bitcoin machines map.

Bitcoin ATM is one of the fastest ways to get into bitcoins and sell bitcoins for cash in case it supports two-way operations. But in parallel there are many more physical locations, where you can buy bitcoins for cash or sometimes sell. Those services are usually based on the existing infrastructure be it ATMs network, stores chain or agent offices. Here is a list of such services, usually every of them is targeting some geographical local market.

Bitcoin/Cash services are broadly available in the following countries:

Lithuania: Foxbox terminals

Direction: buy bitcoin only

Network size: seventy self-service terminals

FOXBOX is a provider for terminals accross Lithuania. Additionally to other top-up services these terminals permit to buy bitcoins with cash.

In order to purchase bitcoins from this terminal the user has to input the amount in Litas and the equivalent in BTC will be displayed. Then the user has to input the email address, where the keys will be sent. Keys (including private keys) are sent unencrypted, so in general it is recommended to buy puny amounts of bitcoins (due to lack of email security) and wallet should be swiped as soon as possible.

Step by step process for buying bitcoin at the Foxbox terminal is ullustrated here.

Taiwan: BitoEX at convenience stores

Direction: buy bitcoin only

Fees: 1% and standard NT$25 fee from the kiosk owners (about US seventy five cents)

Network size: Five,000 convenience stores (plans to grow)

Taiwanese bitcoin exchange BitoEX made bitcoins available at five thousand stores: Family Mart, Hi-Life and OK Mart (primarily began with three thousand of Family Mart network). These are country’s 2nd, 3rd and 4th largest convenience stores.

Jason L. Gatewood illustrates the process of buying bitcoin via Family Mart at the following movie:

So very first you use FamiPort terminal, provide your phone number, birth date, define the amount in Taiwanese dollars and then print a receipt. You need to pay the receipt at the counter and get a receipt with bitcoin access QR codes. Also a link will be received at mobile from BitoEX, where the user can claim bitcoins by providing bitcoin address where bitcoins will be sent instantaneously.

Ukraine: BTCU and The National Credit Bank

Direction: buy bitcoin only

Fees: Trio.5% from Bistamp (representative announcement), 10-15% (people on forums)

Ukrainian company BTCU has used the existing network of The National Credit Bank terminals to add the option of purchasing bitcoins. There are more than 4000 locations across Ukraine, where everybody can buy bitcoins.

The process has two steps: very first you find one of the terminals and replenish BTCU account. Store the receipt with activation code. Then apply the code at the BTCU site, where you provide your bitcoin address. And the cryptocoins are sent to you instantaneously. Later the option of purchasing with credit cards was added to the site.

Romania: Zebrapay terminals

Direction: buy bitcoin only

Bitcoin Romania in partnership with Zebrapay launched this service at more than 800 terminals across the country in October 2014. The process of purchasing bitcoins at these terminals is fairly straightforward: you either give your bitcoin address or address shortener (which is a combination of several letters you associate your address before using the company’s site in order to simplify input process at the machine), then you insert cash and bitcoins are sent to you.

So functionally it is very close to what we perceive as bitcoin ATM, but there is rather no special hardware present like QR code scanner, which will permit not to input bitcoin address by hand, but rather scan it from your device.

Here is a brief movie illustrating the process:

U.S.: LibertyX

Direction: buy bitcoin only

Fees: 0% (will switch in the future)

Two MIT students established a company named Liberty Teller, which was operating Lamassu bitcoin ATMs in Boston. Later the company was rebranded to LibertyX. At the moment they operate four bitcoin machines in Boston and Cambridge.

Additionally the company launched bitcoin access services at 2500 locations in thirty three US states at mobile phone and convenience stores. The process is very similar to BTCU terminals, but rather than topping up account at terminal, you do this at cashier of the store. You don’t buy bitcoins instantly, but you are given a PIN code, which then can be redeemed on the LibertyX site in exchange for bitcoins. On the site you need to provide name, address, and date of birth in order for the company to implement basic KYC-policy.

Mexico: SendBitcoin.mx and BBVA Bancomer ATMs

Direction: sell bitcoin only

Network size: 6,000 bank ATMs

This is fairly a different to mentioned above project because it permits to sell bitcoins for cash using the existing infrastructure, which is a network of more than 6000 traditional bank ATMs in this case. BBVA Bancomer bank ATMs permitted to use “Mobile money” feature in order to withdraw fiat money from the ATMs without using a card. How to top up balance with bitcoin to the phone number was just a matter of realization. As bitcoins can be sent from any place in the world – it makes the service of remittance to Mexico for only 1%, which is a indeed step forward with the current remittance system.

How it works? User goes to the SendBitcoin.mx site and chooses how much to send, provides sender email and recipient name and phone number, then QR code is displayed where bitcoins to be sent. After bitcoins are sent the user is given 12-digit code and the recipient receives 4-digit pin code on the mobile phone provided. Using these two codes at the ATM the recipient can withdraw Mexican pesos without bank card at any ATM of the network.

As of August two thousand fifteen the service is reported as closed with no clear message why. According to assumptions of the users, such a business was a disturbance of money-laundring law in Mexico and it was shut down either by the government or by the bank.

Philippines: Coins.ph and Philippines Security Bank

Direction: sell bitcoin only

Fees: free for Coins.ph users

Network size: four hundred fifty bank ATMs

This is a very similar project to the Mexican one. It permits to send bitcoins and receive cash at four hundred fifty bank ATMs. It is a result of the partnership inbetween bitcoin-oriented Coins.ph startup and eGiveCash service operated by the Philippines’ Security Bank.

You need to be a Coins.ph wallet user and have your account verified at Level two (email verified and identity verified) in order to use this pay out option. The process is fairly plain. The recipient recieves a 16-digit code, while the sender is given 4-digit code. In order to withdraw cash the recipient also have to know the exact amount.

Czech Republic: WBTCB via Geco kiosks

Direction: buy and sell bitcoin

Launched: June two thousand sixteen (previously January 2015, then suspended)

Network size: two hundred sixty four Geco tobacco kiosks

The company WBTCB also runs several bitcoin ATMs in Czech Republic launched a service https://www.easycoin.cz/, which permits to buy and sell bitcoins for cash at many locations in Czech Republic.

Originally the service was launched in January two thousand fifteen at eight thousand post office locations (buy bitcoins for cash only). But later it was suspended. In June two thousand sixteen the service was re-launched. Now it is possible to buy and sell bitcoins for cash at approximately two hundred fifty locations across the country at Geco tobacco kiosks.

The process is relatively effortless for both buy and sell bitcoins user needs to initiate order very first on the site https://www.easycoin.cz/

In case of bitcoin purchase, user needs to provide BTC address where to bitcoins will be sent and then get an order generated. After this visit any of Geco locations and pay with cash to a given payment number, bitcoins will be released to given address.

In case of selling bitcoins for cash, user needs to generate order on the site very first. Additionally to order a BTC address will be displayed where bitcoins to be sent.

After one confirmation is received for bitcoin payment cash can be received at any of locations from the network with printed order and PIN code.

Spain: Chip Chap and Halcash

Direction: sell bitcoin only

Network size: Ten,000 bank ATMs (plans to grow)

Chip Chap is an app, which permits to convert bitcoins to cash and withdraw at about ten thousand bank ATMs in Spain via Halcash system. At the moment it is supported within Spain, but the ATMs are spread across Europe and potentially the service can be enriched to include other countries later like England, France and even Mexico.

At the moment you can choose to convert bitcoin to cash, later the exchange from Ukash to bitcoin is planned. The process is straightforward, after downloading the app user chooses conversion from Bitcoin to Halcash, provides the mobile number and desired amount in Euros to receive, then the QR code displayed with address where to send bitcoins. After bitcoins received, the user is provided with access code, which can be used at one of the ATMs in order to withdraw cash without bank card.

Austria: Bitcoinbon from Coinfinity

Direction: buy bitcoin only

10% (price on the site compared to Kraken)

Network size: six hundred Tobaco kiosks

On February 02, two thousand fifteen Coinfinity, which also run a bitcoin ATM in Wien launched a fresh project to make Bitcoin more accessible in Austria – Bitcoinbon. Now you can buy at six hundred locations (tobacco kiosk) special prepaid cards with nominal 25, 50, one hundred EUR and then using the code on the card convert it to bitcoins on the site.

Thailand: Coins.co.th

Direction: buy and sell bitcoin for cash

Network size: 9,000 Krungthai bank ATMs (sell),

Three,000 Kasikorn bank Cash Deposit Machines (buy)

Thailand’s bitcoin service Coins which permits to buy, sell and accept bitcoins, enhanced its services to cash to bitcoin and bitcoin to cash operations.

For buying bitcoins – users can use Kasikorn cash deposit machines. The process is illustrated in the following movie:

So generally you need to create a buy order on the site, and during the sixty minutes interval the cash has to be deposited in one of the Kasikorn bank network. After this the user confirms that cash deposit is finished and during a brief while bitcoins are transfered to the provided bitcoin address.

For selling bitcoins for cash – users can use any of Krungthai bank ATMs. The process is covered in the following movie:

For selling bitcoins the Krungthai bank ATM network can be used, where you don’t need to have an ATM card in order to use the service. For using the service you need Thai mobile number. The steps are similar to services in other countries. The user has to create a sell order and choose cardless option, e.g. Krungthai bank ATM. After this the QR code is given where to bitcoins have to be sent. After bitcoins are received – two reference codes are sent to the user (via mobile sms and via email). Both codes are needed to be used at bank ATM in order to withdraw cash.

South Korea: Coinplug

Direction: buy bitcoin for cash or credit card

Launched: January two thousand fifteen (convenience stores), March two thousand fifteen (ATM network)

Network size: 8,000 7-11 stores (24,000 in plans) + 7,000 regular ATMs

South Korean company Coinplug, which has two own bitcoin ATMs running in Seoul (Coffee Sedona and Korea University) has made bitcoin much more effortless to purchase for public. The company provides the following services:

  • Purchase pin code at cashier for the nominal values of Ten,000, 30,000 and 50,000 South Korean won (approximately $Ten, $30 and $50). The company plans to sell okBitcards with predefined amounts instead of cashier receipts.
  • Purchase similar pin code printed on the receipt at one of the Nautilus Hyosung ATMs using credit card.

Later the pin code can be converted to bitcoins using Coinplug’s smartphone app or the okBitcard site.

The following movie demonstrates how to buy bitcoins via convenience store network:

And the following movie shows similar process of purchasing bitcoins at ATM using credit card:

Poland: Chip Chap App

Direction: sell bitcoin only

Network size: Four,000 bank ATMs

This is the same company which made available bitcoin sales at 10K traditional bank ATMs in Spain. Now they have extended their services to Poland. Users of the Chip Chap app can lightly check the map of locations and sell bitcoins at four thousand ATMs across Poland.

Argentina: More Money Transfer and Bitex.la

Direction: buy bitcoin for cash

Argentinian bitcoin exchange company Bitex.la came into agreement with local money transfer company More, when the latter provides their offices to accept cash deposit and sends money to Bitex.la. Users must very first register accounts with exchange, which is very risky in Argentina as some reddit user mentioned, but in the end this permits to buy bitcoins with cash, albeit there is a gap in time inbetween you deposit cash and receive bitcoins.

Mexico: Chip Chap

Direction: buy bitcoin only

Chip Chap has its services also in Spain and Poland. However, there users can sell bitcoins for cash using existing bank ATM networks. Now it is available for Mexican users as well, who can buy bitcoin for cash at about five thousand locations from La Mission to 7-Eleven.

Users need to generate very first a barcode using Chip Chap and then the app will lead them towards closest shop to get bitcoins.

To buy bitcoins:

– Very first of all the user have to select in the main screen Paynet as cash in method and Bitcoin as cash out.

– Then the user have to select an amount in mexican pesos, and the Bitcoin address in which chip-chap will send bitcoins. The app will generate a Paynet reference which user have to pay in one of these local commerces http://www.openpay.mx/tiendas- de-conveniencia.html

– When the system receives the payment, bitcoins will be send to the user.

Worldwide (130 countries): twenty four 7 Exchange

Direction: buy and sell bitcoin for cash

Fees: depending on location (about 1%)

Network size: 400,000 Money Polo service points worldwide

247 Exchange with its fucking partner MoneyPolo™ provides chance to buy and sell bitcoin and other cryptocurrencies for cash in about one hundred thirty countries at approximately 400,000 agent locations.

All you need to do to buy cryptocurrency is create an order on the site, provide details about yourself (AML/KYC) and pay with cash at agent location, you get cryptocurrency instantly.

In order to cash out bitcoins – users create an order, send bitcoins, after two confirmations cash could be received at any of network locations.

Bulgaria: Crypto.bg via EasyPay and CashTerminal

Direction: buy and sell bitcoin for cash

Two,500 eur) per transaction

Crypto.bg has integrated the EasyPay and CashTerminal and turned their services into bitcoin terminals.

You can buy bitcoins through CashTerminal totally anonymously by very first associating your bitcoin address to a 7-digit-number at crypto.bg and then insert cash to this number at the machine.

Event however the desks of EasyPay are human-operated, using Crypto.bg you turn them literally to bitcoin tellers. You can both buy and sell bitcoins by very first creating a respective order on the site. If you are buying, you get a ten digit number which you provide to the cashier at the EasyPay desk. If you sell bitcoin, you send them to Crypto.bg after injecting your names and ID and soon after that you pick up the cash by presenting your ID at the desk.

Australia: Blueshyft and Bitcoin Australia

Direction: buy bitcoin for cash

Thresholds: minimum $50, maximum order of $2000 and a daily limit of $8000 per person

Australian companies Blueshyft and Bitcoin Australia joint effort in order to make bitcoin purchases for cash available at more than one thousand two hundred retail locations.

In order to buy bitcoins via this service you need to create an order on the site and then walk to one of locations and scan a QR code by terminal. Cashier will take the cash and inject pin to the terminal, which will send bitcoins to your address provided on the site. Process takes less than a minute and bitcoins are sent within thirty minutes.

Canada: Flexepin via Bitaccess, Netcoins, QuickBT

Direction: buy bitcoin for cash

Fees: n/a ( Flexepin charges a fee at the retail location, t he retailer should NOT charge sales tax. )

*numerous vouchers may be redeemed at once up to $Two,000 at Bitaccess

Network size: over Four,000 individual locations

Canadian company Bitaccess, which produces bitcoin ATMs, has collaborated with Flexepin and Payment Source in order to make bitcoin much more accessible to Canadians. Now, you can buy bitcoins at over Four,000 locations across the country!

To buy bitcoin, visit the nearest Flexepin retail location and purchase a voucher for cash or debit ($20 – $500 per voucher). Each Flexepin will charge a puny fee of $1.95 – $15.95. This code can be redeemed on the website of Bitaccess for bitcoins (https://bitcoin.bitaccess.co/). You can find locations on our bitcoin ATM map, just use “Other services” in the filter.

The following movie demonstrates how to purchase bitcoins with this service:

Companies that presently accept Flexepin:

Netcoins is another Canadian provider to purchase bitcoins. The service was supporting purchasing of bitcoins online, however, later they also partnered with Flexepin and permit redeeming flexepin code at their site as well in exchange for bitcoins.

QuickBT is a Canadian based company which operates another network for purchasing bitcoins via its own application also supports integration with Flexepin. So purchased voucher could be converted to bitcoins via this provider as well.

Do you know about other Bitcoin <-> Cash services? Let us know!

Buy or Sell bitcoins for cash, bitcoin ATM alternatives, Blog, Coin ATM Radar

Blog | Coin ATM Radar

Buy or Sell bitcoins for cash, bitcoin ATM alternatives

Bitcoin ATMs appeared very first in two thousand thirteen and since then enhanced their presence in many countries around the world. At the moment there are three hundred forty one bitcoin ATM installed according to our bitcoin machines map.

Bitcoin ATM is one of the fastest ways to get into bitcoins and sell bitcoins for cash in case it supports two-way operations. But in parallel there are many more physical locations, where you can buy bitcoins for cash or sometimes sell. Those services are usually based on the existing infrastructure be it ATMs network, stores chain or agent offices. Here is a list of such services, usually every of them is targeting some geographical local market.

Bitcoin/Cash services are broadly available in the following countries:

Lithuania: Foxbox terminals

Direction: buy bitcoin only

Network size: seventy self-service terminals

FOXBOX is a provider for terminals accross Lithuania. Additionally to other top-up services these terminals permit to buy bitcoins with cash.

In order to purchase bitcoins from this terminal the user has to input the amount in Litas and the equivalent in BTC will be displayed. Then the user has to input the email address, where the keys will be sent. Keys (including private keys) are sent unencrypted, so in general it is recommended to buy puny amounts of bitcoins (due to lack of email security) and wallet should be swiped as soon as possible.

Step by step process for buying bitcoin at the Foxbox terminal is ullustrated here.

Taiwan: BitoEX at convenience stores

Direction: buy bitcoin only

Fees: 1% and standard NT$25 fee from the kiosk owners (about US seventy five cents)

Network size: Five,000 convenience stores (plans to grow)

Taiwanese bitcoin exchange BitoEX made bitcoins available at five thousand stores: Family Mart, Hi-Life and OK Mart (originally began with three thousand of Family Mart network). These are country’s 2nd, 3rd and 4th largest convenience stores.

Jason L. Gatewood illustrates the process of buying bitcoin via Family Mart at the following movie:

So very first you use FamiPort terminal, provide your phone number, birth date, define the amount in Taiwanese dollars and then print a receipt. You need to pay the receipt at the counter and get a receipt with bitcoin access QR codes. Also a link will be received at mobile from BitoEX, where the user can claim bitcoins by providing bitcoin address where bitcoins will be sent instantly.

Ukraine: BTCU and The National Credit Bank

Direction: buy bitcoin only

Fees: Trio.5% from Bistamp (representative announcement), 10-15% (people on forums)

Ukrainian company BTCU has used the existing network of The National Credit Bank terminals to add the option of purchasing bitcoins. There are more than 4000 locations across Ukraine, where everybody can buy bitcoins.

The process has two steps: very first you find one of the terminals and replenish BTCU account. Store the receipt with activation code. Then apply the code at the BTCU site, where you provide your bitcoin address. And the cryptocoins are sent to you instantly. Later the option of purchasing with credit cards was added to the site.

Romania: Zebrapay terminals

Direction: buy bitcoin only

Bitcoin Romania in partnership with Zebrapay launched this service at more than 800 terminals across the country in October 2014. The process of purchasing bitcoins at these terminals is fairly straightforward: you either give your bitcoin address or address shortener (which is a combination of several letters you associate your address before using the company’s site in order to simplify input process at the machine), then you insert cash and bitcoins are sent to you.

So functionally it is very close to what we perceive as bitcoin ATM, but there is rather no special hardware present like QR code scanner, which will permit not to input bitcoin address by hand, but rather scan it from your device.

Here is a brief movie illustrating the process:

U.S.: LibertyX

Direction: buy bitcoin only

Fees: 0% (will switch in the future)

Two MIT students established a company named Liberty Teller, which was operating Lamassu bitcoin ATMs in Boston. Later the company was rebranded to LibertyX. At the moment they operate four bitcoin machines in Boston and Cambridge.

Additionally the company launched bitcoin access services at 2500 locations in thirty three US states at mobile phone and convenience stores. The process is very similar to BTCU terminals, but rather than topping up account at terminal, you do this at cashier of the store. You don’t buy bitcoins instantaneously, but you are given a PIN code, which then can be redeemed on the LibertyX site in exchange for bitcoins. On the site you need to provide name, address, and date of birth in order for the company to implement basic KYC-policy.

Mexico: SendBitcoin.mx and BBVA Bancomer ATMs

Direction: sell bitcoin only

Network size: 6,000 bank ATMs

This is fairly a different to mentioned above project because it permits to sell bitcoins for cash using the existing infrastructure, which is a network of more than 6000 traditional bank ATMs in this case. BBVA Bancomer bank ATMs permitted to use “Mobile money” feature in order to withdraw fiat money from the ATMs without using a card. How to top up balance with bitcoin to the phone number was just a matter of realization. As bitcoins can be sent from any place in the world – it makes the service of remittance to Mexico for only 1%, which is a indeed step forward with the current remittance system.

How it works? User goes to the SendBitcoin.mx site and chooses how much to send, provides sender email and recipient name and phone number, then QR code is displayed where bitcoins to be sent. After bitcoins are sent the user is given 12-digit code and the recipient receives 4-digit pin code on the mobile phone provided. Using these two codes at the ATM the recipient can withdraw Mexican pesos without bank card at any ATM of the network.

As of August two thousand fifteen the service is reported as closed with no clear message why. According to assumptions of the users, such a business was a disturbance of money-laundring law in Mexico and it was shut down either by the government or by the bank.

Philippines: Coins.ph and Philippines Security Bank

Direction: sell bitcoin only

Fees: free for Coins.ph users

Network size: four hundred fifty bank ATMs

This is a very similar project to the Mexican one. It permits to send bitcoins and receive cash at four hundred fifty bank ATMs. It is a result of the partnership inbetween bitcoin-oriented Coins.ph startup and eGiveCash service operated by the Philippines’ Security Bank.

You need to be a Coins.ph wallet user and have your account verified at Level two (email verified and identity verified) in order to use this pay out option. The process is fairly ordinary. The recipient recieves a 16-digit code, while the sender is given 4-digit code. In order to withdraw cash the recipient also have to know the exact amount.

Czech Republic: WBTCB via Geco kiosks

Direction: buy and sell bitcoin

Launched: June two thousand sixteen (previously January 2015, then suspended)

Network size: two hundred sixty four Geco tobacco kiosks

The company WBTCB also runs several bitcoin ATMs in Czech Republic launched a service https://www.easycoin.cz/, which permits to buy and sell bitcoins for cash at many locations in Czech Republic.

Originally the service was launched in January two thousand fifteen at eight thousand post office locations (buy bitcoins for cash only). But later it was suspended. In June two thousand sixteen the service was re-launched. Now it is possible to buy and sell bitcoins for cash at approximately two hundred fifty locations across the country at Geco tobacco kiosks.

The process is relatively effortless for both buy and sell bitcoins user needs to initiate order very first on the site https://www.easycoin.cz/

In case of bitcoin purchase, user needs to provide BTC address where to bitcoins will be sent and then get an order generated. After this visit any of Geco locations and pay with cash to a given payment number, bitcoins will be released to given address.

In case of selling bitcoins for cash, user needs to generate order on the site very first. Additionally to order a BTC address will be displayed where bitcoins to be sent.

After one confirmation is received for bitcoin payment cash can be received at any of locations from the network with printed order and PIN code.

Spain: Chip Chap and Halcash

Direction: sell bitcoin only

Network size: Ten,000 bank ATMs (plans to grow)

Chip Chap is an app, which permits to convert bitcoins to cash and withdraw at about ten thousand bank ATMs in Spain via Halcash system. At the moment it is supported within Spain, but the ATMs are spread across Europe and potentially the service can be enriched to include other countries later like England, France and even Mexico.

At the moment you can choose to convert bitcoin to cash, later the exchange from Ukash to bitcoin is planned. The process is straightforward, after downloading the app user chooses conversion from Bitcoin to Halcash, provides the mobile number and desired amount in Euros to receive, then the QR code displayed with address where to send bitcoins. After bitcoins received, the user is provided with access code, which can be used at one of the ATMs in order to withdraw cash without bank card.

Austria: Bitcoinbon from Coinfinity

Direction: buy bitcoin only

10% (price on the site compared to Kraken)

Network size: six hundred Tobaco kiosks

On February 02, two thousand fifteen Coinfinity, which also run a bitcoin ATM in Wien launched a fresh project to make Bitcoin more accessible in Austria – Bitcoinbon. Now you can buy at six hundred locations (tobacco kiosk) special prepaid cards with nominal 25, 50, one hundred EUR and then using the code on the card convert it to bitcoins on the site.

Thailand: Coins.co.th

Direction: buy and sell bitcoin for cash

Network size: 9,000 Krungthai bank ATMs (sell),

Three,000 Kasikorn bank Cash Deposit Machines (buy)

Thailand’s bitcoin service Coins which permits to buy, sell and accept bitcoins, enhanced its services to cash to bitcoin and bitcoin to cash operations.

For buying bitcoins – users can use Kasikorn cash deposit machines. The process is illustrated in the following movie:

So generally you need to create a buy order on the site, and during the sixty minutes interval the cash has to be deposited in one of the Kasikorn bank network. After this the user confirms that cash deposit is ended and during a brief while bitcoins are transfered to the provided bitcoin address.

For selling bitcoins for cash – users can use any of Krungthai bank ATMs. The process is covered in the following movie:

For selling bitcoins the Krungthai bank ATM network can be used, where you don’t need to have an ATM card in order to use the service. For using the service you need Thai mobile number. The steps are similar to services in other countries. The user has to create a sell order and choose cardless option, e.g. Krungthai bank ATM. After this the QR code is given where to bitcoins have to be sent. After bitcoins are received – two reference codes are sent to the user (via mobile sms and via email). Both codes are needed to be used at bank ATM in order to withdraw cash.

South Korea: Coinplug

Direction: buy bitcoin for cash or credit card

Launched: January two thousand fifteen (convenience stores), March two thousand fifteen (ATM network)

Network size: 8,000 7-11 stores (24,000 in plans) + 7,000 regular ATMs

South Korean company Coinplug, which has two own bitcoin ATMs running in Seoul (Coffee Sedona and Korea University) has made bitcoin much more effortless to purchase for public. The company provides the following services:

  • Purchase pin code at cashier for the nominal values of Ten,000, 30,000 and 50,000 South Korean won (approximately $Ten, $30 and $50). The company plans to sell okBitcards with predefined amounts instead of cashier receipts.
  • Purchase similar pin code printed on the receipt at one of the Nautilus Hyosung ATMs using credit card.

Later the pin code can be converted to bitcoins using Coinplug’s smartphone app or the okBitcard site.

The following movie demonstrates how to buy bitcoins via convenience store network:

And the following movie shows similar process of purchasing bitcoins at ATM using credit card:

Poland: Chip Chap App

Direction: sell bitcoin only

Network size: Four,000 bank ATMs

This is the same company which made available bitcoin sales at 10K traditional bank ATMs in Spain. Now they have extended their services to Poland. Users of the Chip Chap app can lightly check the map of locations and sell bitcoins at four thousand ATMs across Poland.

Argentina: More Money Transfer and Bitex.la

Direction: buy bitcoin for cash

Argentinian bitcoin exchange company Bitex.la came into agreement with local money transfer company More, when the latter provides their offices to accept cash deposit and sends money to Bitex.la. Users must very first register accounts with exchange, which is very risky in Argentina as some reddit user mentioned, but in the end this permits to buy bitcoins with cash, albeit there is a gap in time inbetween you deposit cash and receive bitcoins.

Mexico: Chip Chap

Direction: buy bitcoin only

Chip Chap has its services also in Spain and Poland. However, there users can sell bitcoins for cash using existing bank ATM networks. Now it is available for Mexican users as well, who can buy bitcoin for cash at about five thousand locations from La Mission to 7-Eleven.

Users need to generate very first a barcode using Chip Chap and then the app will lead them towards closest shop to get bitcoins.

To buy bitcoins:

– Very first of all the user have to select in the main screen Paynet as cash in method and Bitcoin as cash out.

– Then the user have to select an amount in mexican pesos, and the Bitcoin address in which chip-chap will send bitcoins. The app will generate a Paynet reference which user have to pay in one of these local commerces http://www.openpay.mx/tiendas- de-conveniencia.html

– When the system receives the payment, bitcoins will be send to the user.

Worldwide (130 countries): twenty four 7 Exchange

Direction: buy and sell bitcoin for cash

Fees: depending on location (about 1%)

Network size: 400,000 Money Polo service points worldwide

247 Exchange with its playmate MoneyPolo™ provides chance to buy and sell bitcoin and other cryptocurrencies for cash in about one hundred thirty countries at approximately 400,000 agent locations.

All you need to do to buy cryptocurrency is create an order on the site, provide details about yourself (AML/KYC) and pay with cash at agent location, you get cryptocurrency instantly.

In order to cash out bitcoins – users create an order, send bitcoins, after two confirmations cash could be received at any of network locations.

Bulgaria: Crypto.bg via EasyPay and CashTerminal

Direction: buy and sell bitcoin for cash

Two,500 eur) per transaction

Crypto.bg has integrated the EasyPay and CashTerminal and turned their services into bitcoin terminals.

You can buy bitcoins through CashTerminal totally anonymously by very first associating your bitcoin address to a 7-digit-number at crypto.bg and then insert cash to this number at the machine.

Event tho’ the desks of EasyPay are human-operated, using Crypto.bg you turn them literally to bitcoin tellers. You can both buy and sell bitcoins by very first creating a respective order on the site. If you are buying, you get a ten digit number which you provide to the cashier at the EasyPay desk. If you sell bitcoin, you send them to Crypto.bg after coming in your names and ID and soon after that you pick up the cash by presenting your ID at the desk.

Australia: Blueshyft and Bitcoin Australia

Direction: buy bitcoin for cash

Boundaries: minimum $50, maximum order of $2000 and a daily limit of $8000 per person

Australian companies Blueshyft and Bitcoin Australia joint effort in order to make bitcoin purchases for cash available at more than one thousand two hundred retail locations.

In order to buy bitcoins via this service you need to create an order on the site and then walk to one of locations and scan a QR code by terminal. Cashier will take the cash and inject pin to the terminal, which will send bitcoins to your address provided on the site. Process takes less than a minute and bitcoins are sent within thirty minutes.

Canada: Flexepin via Bitaccess, Netcoins, QuickBT

Direction: buy bitcoin for cash

Fees: n/a ( Flexepin charges a fee at the retail location, t he retailer should NOT charge sales tax. )

*numerous vouchers may be redeemed at once up to $Two,000 at Bitaccess

Network size: over Four,000 individual locations

Canadian company Bitaccess, which produces bitcoin ATMs, has collaborated with Flexepin and Payment Source in order to make bitcoin much more accessible to Canadians. Now, you can buy bitcoins at over Four,000 locations across the country!

To buy bitcoin, visit the nearest Flexepin retail location and purchase a voucher for cash or debit ($20 – $500 per voucher). Each Flexepin will charge a petite fee of $1.95 – $15.95. This code can be redeemed on the website of Bitaccess for bitcoins (https://bitcoin.bitaccess.co/). You can find locations on our bitcoin ATM map, just use “Other services” in the filter.

The following movie demonstrates how to purchase bitcoins with this service:

Companies that presently accept Flexepin:

Netcoins is another Canadian provider to purchase bitcoins. The service was supporting purchasing of bitcoins online, however, later they also partnered with Flexepin and permit redeeming flexepin code at their site as well in exchange for bitcoins.

QuickBT is a Canadian based company which operates another network for purchasing bitcoins via its own application also supports integration with Flexepin. So purchased voucher could be converted to bitcoins via this provider as well.

Do you know about other Bitcoin <-> Cash services? Let us know!

Related video:

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