Bitcoin ATMs: How does CoinMover Work?

Mike Scanlan

05 May 2025 — 2 min read

As cryptocurrency becomes more mainstream, Bitcoin ATMs (BTMs) are quickly emerging as the fastest, easiest way to buy and sell Bitcoin with cash. At CoinMover, we’re proud to power one of the most trusted Bitcoin ATM networks in Massachusetts, New Hampshire, Rhode Island, and Connecticut — offering everyday users a simple bridge between crypto and cash.

Whether you're a beginner or seasoned investor, this guide covers everything you need to know about using a Bitcoin ATM.

Using a CoinMover Bitcoin ATM is fast and straightforward:

Start the Transaction
Enter your mobile phone number to activate the machine.
Scan Your Wallet
Use your phone to scan a QR code from your crypto wallet.
Insert Cash
We accept bills from $5 to $100.
Confirm the Transaction
Review exchange rates and fees, then confirm.
Receive Crypto or Cash
Your crypto is sent instantly to your wallet — or you receive cash if selling.

Why Use a CoinMover Bitcoin ATM?

✅ Fast – Transactions complete in minutes
✅ Private – No bank account required
✅ Accessible – Locations in stores, gas stations & retail hubs
✅ Simple – Easy-to-follow on-screen instructions
✅ Secure – All machines meet KYC/AML compliance

We’re proud to serve both crypto newcomers and experienced users with a frictionless experience.

What You Need Before You Use a Bitcoin ATM

A Bitcoin wallet (mobile app or hardware wallet)
A valid government ID (for high-value transactions)
A basic understanding of how much crypto you want to buy

Are There Fees?

Yes — Bitcoin ATMs have higher fees than online exchanges to cover cash handling and compliance costs. CoinMover’s fees typically range from:

12% to 20%, depending on amount and location
Additional network fees for blockchain transactions

Is It Safe?

Yes — as long as you use a trusted operator like CoinMover.

Common Scams to Avoid:

⚠️ Government impersonators asking for crypto payments
⚠️ Fake investment offers promising guaranteed returns
⚠️ Romance scams or online relationships demanding Bitcoin

Never scan a QR code or send crypto unless you know the recipient.

Regulations & Verification

CoinMover complies with all AML (Anti-Money Laundering) and KYC (Know Your Customer) laws. Transactions over certain thresholds may require:

Government-issued ID
Phone number or selfie verification

These steps are quick and ensure your transaction is safe and legal.

Where to Find a CoinMover Bitcoin ATM

Visit our ATM Locator to find a machine near you. We're expanding every month — check back often for new locations

Corporate Giants Are Buying Bitcoin—What’s Stopping You?

GameStop just made headlines by purchasing 4,710 bitcoins—worth over $500 million—as part of its new treasury strategy . This move aligns with companies like MicroStrategy, which now holds more than 580,000 BTC valued at over $40 billion . Even Trump Media is raising $2.5 billion to build

What's the deal with bitcoin ATMs?

Bitcoin ATMs have been in the news lately...for bad reasons. What's the deal with bitcoin ATMs like CoinMover? Bitcoin ATMs, like the ones CoinMover has, have been in the news lately, and not for the right reasons. The Arizona House of Representatives introduced a bill to combat

Athena Bitcoin asks Stillwater to repeal cryptocurrency ATM ban

A Miami company that owns three cryptocurrency ATMs in Stillwater is asking the city to repeal an ordinance banning the machines. Officials from Athena Bitcoin, which operates more than 3,500 cryptocurrency ATMs across 35 states, say the city’s new ordinance banning crypto ATMs violates state law. The ordinance,

Arizona’s crypto reserve bill Heads to Final House Vote

Arizona’s Digital Asset Reserve bill is heading to a final House vote after clearing the Committee of the Whole. On April 17, Arizona’s State Bill 1373, also referred to as the Strategic Digital Asset Reserve Bill, moved one step closer to becoming law after being approved by the