What is Bitcoin?
Watch this video to learn more about Bitcoin:
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.
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:
On top of the CoinMarketCap.com based market price, there is a CoinMover 10.0% to 14.0% markup for all digital currency purchases. That means buying digital currency at a rate higher than the market rates on CoinMarketCap.com.
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
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.
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.
$20 to $2,500
$2,501 to $9,000
State: License, Liquor ID, State ID or
Federal: Passport / Card, Military ID or
Student: Ages 18-25
Registration confirmed in 30 minutes or less
$9,001 to $50,000
Registration (Tier 2)
Enhanced Due Diligence Process:
Social Security Number Verification
Proof of Funds
Registration confirmed in 24 hours or less
VIP Trading Desk
Website Registration (Tier 3)
Contact Customer Support
Fast and personalized service offered with our best rates
STEP BY STEP
How It Works
What To Bring
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.
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:
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.