6 Best Bitcoin ATMs With Low Fees and High Privacy (2024)

BeInCrypto identified the top Bitcoin ATM providers for withdrawing cash and buying and selling crypto. This methodology focuses on their security features, low Bitcoin ATM fees and an emphasis on the KYC processes. This information was gathered from our product teams after extended testing over an eight-month period.

sh*tcoins.club ATM

• Known for maintaining privacy with minimal to no KYC requirements, except where legally mandated. This makes it one of the most private Bitcoin ATM options available, particularly appealing to users valuing anonymity.
• The ATM network emphasizes user privacy and security through anonymous transactions, providing a secure way to exchange fiat for cryptocurrency and vice versa without involving the banking system.
• sh*tcoins.club ATMs offer low transaction fees, generally ranging between 3% to 4%. They also host special events where fees are reduced even further, sometimes to 0%, or an extra +2% is added to exchanges, highlighting their commitment to making crypto accessible​​.Coinstar Bitcoin Machines
• Coinstar Bitcoin Machines have an intermediate level of KYC requirements, ensuring a balance between user convenience and regulatory compliance.
• Coinstar’s partnership with Coinme to offer Bitcoin purchases enhances its security, leveraging Coinme’s crypto expertise to provide a safe and reliable service within familiar retail locations.

Just Cash ATM

• Just Cash emphasizes a low KYC requirement, utilizing existing ATM networks to facilitate secure Bitcoin transactions without additional verification, enhancing user privacy.
• The use of paper wallets and integration into existing ATM networks without the need for additional KYC processes highlights Just Cash’s focus on accessibility and security​​.

LibertyX ATM

• LibertyX implements a tiered KYC approach, offering different purchase limits based on the information provided. This method allows users flexibility while ensuring compliance with regulatory requirements.
• Combines convenience with security, allowing users to buy Bitcoin instantly at over 30,000 locations using their debit cards without needing bank transfers or account links​​.

RockitCoin

• RockitCoin requires minimal KYC, usually just a phone number, making it easier for users to engage with their services while still providing a level of security and privacy.
• RockitCoin provides a flexible and secure platform for buying, selling, and storing cryptocurrencies, supported by a network of over 1,500 ATMs​​.

Pelicoin ATM

• Pelicoin enforces intermediate KYC requirements, balancing the need for security with the convenience of access.
• Despite its limited geographical presence in the Southern U.S., Pelicoin pays ATM fees for users and ensures a secure transaction environment through its network of conveniently located ATMs​​.

For further details on BeInCrypto’s verification methodology, followthis link.

sh*tcoins.club is one of the world’s most private Bitcoin ATMs. KYC is only required when required by law. They organize special discount events during which Bitcoin ATM fees are reduced to 0% or an extra +2% is applied to exchanges. sh*tcoins.club ATMs can be found in nearly 200 locations across Europe and Peru, with plans to expand.

Bitcoin ATM Fees vary by country. While some fees are as low as 0% or even offer additional value, the average fee is between 3% and 4%. It means that if the fee for buying is 0% in one country, the fee for selling may be around 7% in another, and these values may eventually swap places. sh*tcoins.club also offers six cryptos. BTC, ETH, LTC, USDT, TRX and DASH, each with their own buy and sell rates.

Coinstar has over 20,000 coin collection machines that can now accept Bitcoin purchases. The service is available in over 9,500 locations across 49 states, allowing users to buy Bitcoin safely and securely from the convenience of their local grocery store. Coinstar enables Coinme to reach a large customer base and provide crypto at the local level through select kiosks.

Coinstar charges a 4% transaction fee and a cash exchange fee of up to 11% for each cryptocurrency purchase. Fees may differ depending on location. BTC, LINK, DOGE, ETH, LTC, MATIC, XLM, and USDC can also be purchased at Coinstar kiosks.

Just Cash has been in business in Florida since 2015. The organization allows Bitcoin purchases from traditional ATM machines. Just Cash makes use of the existing ATM network to bring cryptocurrency and payments to the general public.

Beyond the user’s debit card and PIN, there are no additional requirements for verification at the ATM. Customers can access cardless ATM networks by using Just Cash. Once your purchase is complete, you will receive a transaction receipt along with a paper wallet that contains the public and private keys used to store the value of your Bitcoin purchase.

In 2013, LibertyX unveiled its first anonymous Bitcoin ATM, marking the beginning of its now extensive Bitcoin ATM network. Through LibertyX, you can instantly purchase Bitcoin from CVS, Walgreens, Rite Aid, or Costco using the same dependable and secure ATM you use to withdraw cash. No wire transfer or ACH transaction needs to be made, nor is it necessary to link your bank account. All you need is your debit card and the app.

LibertyX is designed to be non-custodial. It works with all Bitcoin wallets, including mobile, desktop, and hardware wallets. Simply enter your address into the LibertyX app. You can initiate a Bitcoin purchase with your debit card at an ATM and visit over 30,000 locations to complete the transaction with your debit card or cash at select stores.

RockitCoin, headquartered in Chicago, operates over 1,500 ATMs in cities and towns across the United States, making it one of the largest Bitcoin ATM networks. Aside from ATMs, the company also provides other services. A mobile wallet and an online exchange are two examples. You can also host a RockitCoin ATM in your local community to earn some extra income.

RockItCoin only asks for a phone number rather than requesting proof of identification from each customer in the form of a government-issued ID. Users can also buy, sell, transfer, trade, and store a wide variety of cryptocurrencies using the RockItCoin mobile app. The RockItCoin app gives you complete control over your coins as a digital wallet. You will be the only one who receives the private key when setting up the wallet.

The Gulf South is home to the Pelicoin network of cryptocurrency ATMs. Currently, they have machines spread across Texas, Louisiana, Mississippi, Alabama, and Alabama. Their ATMs are installed in shops that are open late or round-the-clock. You can get your Bitcoin from the Pelicoin ATM either directly in your wallet or through a paper wallet.

You may only need your phone and the cash you used to make the purchase when using Pelicoin ATMs. Depending on how much Bitcoin you want to buy, a driver’s license might be required. Additionally, Pelicoin covers your fees at the anonymous Bitcoin ATM. At their ATMs, you can buy LTC, BTC, and ETH. You can use a QR code, a wallet, or a paper wallet to receive crypto.