Bitcoin ATMs let you buy or sell Bitcoin and other cryptocurrencies with cash or a card at a physical kiosk, without needing an account on an online exchange. You insert cash or swipe a card, scan your wallet’s QR code, and the machine sends crypto directly to your wallet.
According to CoinATMRadar, 27,945 crypto ATMs were active worldwide on July 8, 2026, about 20,000 of them in the United States.
The tradeoff for that convenience is cost. Bitcoin ATMs almost always charge higher fees than buying on an online exchange or app, so they tend to make the most sense for one-off purchases, cash-only transactions, or situations where a bank account isn’t available. Here are 10 of the largest operators still running in 2026, plus Bitcoin Depot, the former market leader that closed in May.
Before you use a machine, compare its quoted rate with the current Bitcoin price to see how big the markup is.
How Many Crypto ATM Machines Are There?
About 28,000. Coin ATM Radar counted 27,945 active crypto ATM machines worldwide on July 8, 2026, down from 38,928 on March 29. Almost all of the drop was in the United States (from 30,247 to 20,005), where Bitcoin Depot switched off its kiosks when it filed for bankruptcy in May and several states banned the machines.
| Operator | Machines (March 2026) | Status (October 2026) |
|---|---|---|
| Bitcoin Depot | 9,246 | Closed: Chapter 11 in May 2026, kiosks offline |
| CoinFlip | 5,493 | Operating |
| Athena Bitcoin | 4,045 | Operating |
| RockItCoin | 2,757 | Operating |
| Bitstop | 2,372 | Operating |
| Margo | 2,138 | Operating |
CoinFlip
CoinFlip, a Chicago-based operator founded in 2015, ran 5,493 machines in March 2026, the most of any operator still in business. Its machines support Bitcoin as well as a range of other cryptocurrencies. CoinFlip advertises some of the lowest rates in the industry and offers a price-match guarantee if a customer finds a cheaper machine within a 5-mile radius.
The company has also been publicly active in fighting state-level bans, opposing Minnesota’s 2026 crypto ATM ban and citing its own fraud-prevention measures, including transaction warnings and real-time monitoring, as evidence that regulation rather than prohibition is the better approach.
Coinhub
Coinhub has placed its ATMs through partnerships with more than 1,000 store retailers and gas stations across the United States. Rather than operating its own retail locations, Coinhub pays participating store owners a monthly rent for hosting a machine, which is part of how it has expanded its footprint without owning the underlying real estate.
General Bytes
General Bytes has operated since 2013 as both a Bitcoin ATM manufacturer and a provider of ATM management software, distributing machines to operators in more than 120 countries. Rather than running its own retail network directly, General Bytes supplies the hardware and software that other operators, including CoinFlip and Localcoin, run on top of.
Bitcoin Depot
Bitcoin Depot was the largest Bitcoin ATM operator, with 9,246 machines in March 2026 across the United States, Canada, Puerto Rico and Australia, and was listed on Nasdaq under the ticker BTM.
In mid-May 2026, Bitcoin Depot filed for Chapter 11 bankruptcy to wind down and sell its business, and its kiosks went offline. It blamed new state transaction limits, outright bans, litigation and enforcement actions. Its machines no longer work, so it is not counted among the 10 operators here.
Localcoin
Localcoin is a Toronto-based network founded in 2017, with more than 1,100 machines across North America. The company markets its service around privacy, positioning itself as an option for users who want to buy and sell crypto without extensive account setup.
Athena Bitcoin
Athena Bitcoin is headquartered in Miami and ran 4,045 machines in March 2026, the third-largest network at the time.
RockItCoin
RockItCoin is a Chicago-based operator founded by Michael Dalesandro, which ran 2,757 machines in March 2026. It offers ATM purchases, online buying, and OTC trading, and does not require a bank account or debit card to use its machines. The company also runs a mobile app for finding nearby ATMs and managing holdings.
Bitstop
Bitstop has operated since 2013, making it one of the longest-running Bitcoin ATM networks on this list, with 2,372 machines in March 2026. It launched during Bitcoin’s earliest mainstream growth period and has continued operating through multiple market cycles since.
Margo
Margo was founded in 2019 as PowerCoin, rebranded to Margo in 2023 and ran 2,138 machines in March 2026. Its ATMs are located in retail chains, including Royal Farms, H-E-B, Yesway, United Natural Foods, Inc., and Ace Cash Express. Margo also runs a Private Client Desk that handles trades between $3,000 and $1 million per day across Bitcoin, Ethereum, USD Coin, NFTs, and other tokens and works with businesses looking to accept crypto as payment.
Byte Federal
Byte Federal has operated since 2016 and focuses on Bitcoin ATM operations, as well as training, support, and software development for other participants in the Bitcoin ATM ecosystem. The company emphasizes support for non-custodial wallets and merchant point-of-sale integration, and states that its ATMs, software, and digital products are built entirely in the United States.
DigitalMint
DigitalMint is a Chicago-based Bitcoin ATM and OTC trading operator that has built a distinct reputation around compliance and fraud prevention, including working with law enforcement agencies to help recover funds for victims of crypto scams. This compliance-first positioning sets it apart from operators that compete primarily on fee structure or network size.
How to Choose a Bitcoin ATM Operator
Choose the operator by the fees at the machine you will actually use, not by network size, because Bitcoin ATM operators do not charge uniform rates across their networks. Before using any machine, check that the operator publishes its fee schedule and supports the coin you want to buy or sell.
Also check whether it requires ID verification for larger transactions, which most operators do under anti-money laundering regulations.
Our step-by-step guide to buying Bitcoin at an ATM covers the transaction process in more detail. Our guide on how Bitcoin ATMs work also walks through that process step by step.
Frequently Asked Questions
Need a refresher? Here are the questions most readers ask before using a Bitcoin ATM.
Are Bitcoin ATM fees higher than those of online exchanges?
Yes, Bitcoin ATMs typically charge higher fees than online exchanges or apps, often ranging from 5% to 20% depending on the operator and transaction size. The convenience of instant, cash-based transactions comes at a real cost, so ATMs tend to suit one-off or cash-based purchases better than regular investing.
Do Bitcoin ATMs require identification?
Most operators require identity verification for transactions above a certain threshold, in line with anti-money laundering regulations that apply to money service businesses in the United States and other jurisdictions. Smaller transactions may only require a phone number, but larger ones typically require a government-issued ID.
Can I sell Bitcoin at a Bitcoin ATM, not just buy it?
Many, but not all, Bitcoin ATMs support two-way transactions. Buy-only machines are still common, so check the specific machine’s supported functions before assuming you can sell at the same location where you bought.
Which US states have banned Bitcoin ATMs?
As of October 2026, four states ban public crypto ATMs. Indiana was first, with a law signed in March 2026. Tennessee’s ban took effect on July 1, 2026, and Minnesota’s on August 1, 2026, with existing machines to be removed from public places by December 31. Hawaii’s ban took effect on October 1, 2026. Georgia chose limits instead: transaction caps and reporting rules since July 1, 2026. Bills to ban the machines have also been introduced in Delaware and New Jersey.
How do governments regulate Bitcoin ATMs?
Regulation varies widely by state and country. Many US states require crypto kiosk operators to hold money transmitter licenses, display fraud warnings, cap daily transaction amounts for new customers, and provide refunds in certain confirmed fraud cases. Minnesota’s earlier 2024 law, for example, capped new customers at $2,000 in daily transactions before the state moved to an outright ban in 2026. The FBI’s Internet Crime Complaint Center received more than 13,400 complaints involving cryptocurrency kiosks in 2025, with more than $388 million in reported losses, more than half involving people over 50, a trend that has driven several states toward stricter rules or bans rather than warnings alone.
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