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MAP: Find bitcoin ATMs and stores that accept BTC as payment in Austin
Wondering what you can buy with your bitcoin in Austin? Here's a list of stores and locations that let you spend BTC.
Updated
Disclaimer: Coinmap crowdsource map points used under the ODbL. Data on this page last updated 23 January 2019.
Want your business listed or see an error? Contribute to the map at Coinmap.org.
As the world becomes more crypto-friendly, an influx of companies on the Internet as well as in the real world are beginning to accept cryptocurrencies as payment, most notably bitcoin. Debit cards are emerging that allow you to spend bitcoin – many branded by Visa or Mastercard – and ATMs are popping up in most major cities that let the user buy BTC or exchange it for cash.
While bitcoin and other cryptocurrencies are speculative investments that people hold, buy and sell to build a diversified portfolio, it’s becoming increasingly more useful in the real world.
US cities where you can spend bitcoin and find bitcoin ATMs
DID YOU KNOW
Services like ShapeShift and Changelly can make it more convenient to exchange one cryptocurrency for another (crypto-to-crypto conversion). That can be handy when bitcoin transaction fees become so high (and transactions so slow) that alternatives like Bitcoin Cash and Litecoin become worth exploring. Just be sure to check what cryptocurrency your ATM or retailer supports ahead of time.
How does a bitcoin ATM work?
Bitcoin ATMs can process two transactions. Users can either purchase bitcoins or sell their bitcoins for cash. Before proceeding with either transaction, most bitcoin ATMs require identity verification. This could entail a scan of your fingerprint or palm, or mobile verification via a validation code sent to your cell phone.
How to buy bitcoins from a bitcoin ATM
Once you’ve verified your identity, you’ll have to scan your wallet QR code or have a wallet generated for you – the wallet is where your bitcoins will be stored. Next, insert cash into the bitcoin ATM to have the bitcoins sent to your wallet. You’ll receive a paper receipt or the option to email the completed transaction to yourself for confirmation.
How to sell bitcoins to a bitcoin ATM
To sell your bitcoins to a bitcoin ATM, you’ll need a wallet with bitcoins in it and your wallet QR code. Once you log in to your wallet with your QR code, you’ll then be prompted to withdraw, sell or receive. Choose the amount you’d like to receive in cash and send your bitcoins to the address QR code given by the bitcoin ATM. Your cash will dispense and you’ll receive a printed or emailed receipt for confirmation.
Disclaimer: Coinmap crowdsource map points used under the ODbL. Data on this page last updated 23 January 2019.
Want your business listed or see an error? Contribute to the map at Coinmap.org.
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