Rates & Fees
For both purchasing and selling digital currency, CoinMover uses CoinMarketCap.com as a rate source to form it’s basis for pricing. This source is an average of all major exchanges that do business in the United States such as Gemini, Kraken, Binance.US, and Coinbase.
Transaction Fee
Each purchase or sale at a CoinMover Bitcoin ATM or sale has a transaction fee between $2.95 and $5.95. This specific fee is the amount necessary to immediately move funds from the CoinMover cryptocurrency supply to your customer wallet via the blockchain when buying and the same in reverse when selling. In addition to the flat fee, are the following:
Buying Rate
On top of the CoinMarketCap.com based market price, there is a CoinMover 10.0% to 17.9% markup for all digital currency purchases. That means buying digital currency at a rate higher than the market rates on CoinMarketCap.com.
Selling Rate
For selling digital currency at CoinMover Bitcoin ATM, a 5.0% – 7.0% markup above the market rate charged to complete the transaction. The sell rate is much lower than the buy rate because banking costs are not incurred.
Rate Discounts, Loyalty Program, and Promotional Codes
CoinMover offers Rate Discounts and Loyalty Programs customized just for you. Make sure to Contact our Customer Support for more information.
Promotional Codes
Various promotions are available to customers including: Rate Percentage Discounts, New Customer Referral Discounts, New Kiosk Location Promotions, among others. New Codes are published all the time, so be sure to check our social media channels often.
Automatic Enrollment
Customers that reach certain purchase, sale, and/or combined threshold amounts, will receive enrollment information along with additional program details. These are also available on request.
Every customer is placed into a buying Tier based on their desired transaction amount. For each tier, there is certain information that must be provided to the machine as requested. Your account is linked to your mobile phone number. For larger purchasing limits, an easy registration can be submitted online. Approvals generally happen in minutes but may sometimes take up to 24 hours.
Tier 1
Basic Purchase
$20 to $2,500
Full Name
Phone Number
Email Address
Tier 2
Kiosk Registration
$2,501 to $9,000
Full Name
Phone Number
Email Address
Photo Identification:
State: License, Liquor ID, State ID or
Federal: Passport / Card, Military ID or
Student: Ages 18-25
Registration confirmed in 30 minutes or less
Tier 3
Website Registration
$9,001 to $50,000
Registration (Tier 2)
+
Enhanced Due Diligence Process:
Address Verification
Social Security Number Verification
Proof of Funds
Registration confirmed in 24 hours or less
Tier 4
VIP Trading Desk
$50,000 +
Website Registration (Tier 3)
+
Contact Customer Support
Fast and personalized service offered with our best rates
STEP BY STEP
How It Works
CREATE A DIGITAL WALLET
Download a crypto wallet from the App Store or Google Play. Edge Wallet at either is one recommendation. It’s easy to use, very secure, simple to setup, and supports all available crypto at our ATM Kiosks...and it’s free!
Edge Wallet for Apple iOS [Apple App Store]
Edge Wallet for Android Devices
[Google Play Store]
Other wallet options can be found at www.bitcoin.org on the wallet guide page.
SIGN UP & VERIFY
Create an account and verify your identity based on the tier of service you need. This is done right at our machine by entering your information and/or scanning your identification.
For details on the amounts you are able to purchase, please see above.
BUY OR SELL BITCOIN
Once your account is set up you can purchase Bitcoin and other cryptocurrencies.
Tap "receive" or "request" on your mobile device and hold the QR code from your wallet over the kiosk phone window.
Once scanned, you will be prompted to insert cash.
Ready to get started? Click here to find a Kiosk Location.
CONFIRM YOUR COIN
Once you're done inserting cash, simply tap FINISH on the terminal to complete the transaction.
You'll then be able to confirm the transaction in the wallet app on your phone and see your funds arrive in seconds!
What To Bring
Cash
Though we’re working on other future payment options, our machines only accept cash. This is mostly due to the nature of cryptocurrency transactions that are unable to be reversed for any reason.
All of our machines accept USD in denominations of $10, $20, $50, and $100.
Picture Identification
While not required for everyday low amount transactions, CoinMover is required by law to obtain additional customer information above certain amounts.
That means scanning a government-issued photo identification at our machine to verify your identity. Details for which amounts require verification can be found here:
Mobile Phone
You will need a mobile phone or tablet able to receive a text verification code from our machine when starting a transaction. Your device must also have a cryptocurrency wallet application already configured and setup.
There are many wallets in the App Store and on Google Play. CoinMover recommends the Edge Wallet. It supports many different cryptocurrencies and is very easy to use.