How many crypto ATMs are there?

There are tens of thousands of crypto ATMs worldwide, with a large portion of them located in the United States. Crypto automated teller machines (ATMs) allow users to buy and sell cryptocurrency for cash. Bitcoin and other cryptocurrencies are offered by crypto ATMs. Crypto ATMs may not require identity verification to purchase.

Where are crypto ATMs located?

Crypto ATMs are typically located in public shopping centers, gas stations, and airports, similar to traditional banking ATMs. Crypto ATMs are a great way to quickly exchange cash for crypto, but there are a few risks involved: Crypto ATMs charge high fees, with some charging more than 10% per transaction.

Can you withdraw cash from a crypto ATM?

Some crypto ATMs will let you withdraw cash at a cryptocurrency's current market price, but it generally requires a Know Your Customer (KYC) photo ID verification. A crypto ATM is a stand-alone electronic kiosk that allows users to buy and sell cryptocurrency in exchange for cash.