After pressing “Buy Now” at the ATM, transactions are usually sent within 3 minutes. Although cryptocurrency is not visible on your wallet immediately, you can keep track of the transaction via the ID received on text.
In this case you may want to refresh the wallet application. Do not delete the application, only refresh or restart!! Usually this will fix the issue so that you can see the cryptocurrency that has been purchased. You may also want to verify the transaction on the block explorer.
The current minimum is a purchase of $20.
Follow this guide for best practices on our website.
Our daily purchase limits reset at midnight at the hosted ATM local time.
(1) Limits for unregistered users (Customers that only provide Tier 1 information)
(2) Limits for registered users(Customers registered as Tier 2 and 3)
Tier 1 $500 or less requirements:
(1) Full name
(2) Phone number
Tier 2 $501-$5,000 requirements:
(1) Full name
(2) Phone number
(3) Government-issued identification, unexpired (U.S. only)
(4) Copy of Social Security Card
For customers wanting higher transaction limits, please complete the Enhanced Due Diligence form available on our website here.
Note: For Tier 3 customers, we provide lower fees for transactions.
Bitminas strives to provide some of the lowest fees in the industry in order to bring our customers savings and the best experience possible. Fees are bound to change based on location, industry dynamics, and operating expenses.
If you find an ATM with lower fees than ours, please contact Bitminas, we will match or beat their fees.
Network flat fee: $1 per transaction to cover network costs for timely processing of transactions.
Note: Due to high transaction fees on the Ethereum network, our current flat fee for purchase of Ether is $1.50.
Network fees are small fees that incentivize miners to confirm transactions on the network.
Bitminas ATMs do not support manual entry of addresses. You may start at any block explorer, such as blockchain.info, and paste your address into it. The website will generate a QR code for your address that you can then scan at the ATM
Bitminas is always looking to expand our network of ATMs. Hosting a Bitminas ATM is a great way to earn passive income and attract more foot traffic to your business. Contact us at firstname.lastname@example.org to learn more and apply.
Absolutely, we offer a $500 referral bonus once an agreement has been reached with a new host. Contact us at email@example.com to find out more.
Our ATMs support all wallets. Here is a list of a few mobile wallets you can use:
Bitcoin (BTC) is a decentralized digital currency that allows for global peer to peer transactions without the need for third party verification.
When a Bitcoin purchase is made on our ATM, your transaction goes into a pool of unconfirmed transactions. Once the purchase is seen by the Bitcoin miners, it is placed into a block of transactions. The Bitcoin network then confirms the block and adds it to the blockchain. This is usually when a customer can see their purchase on their preferred digital wallet. Confirmation times can vary depending on the network congestion.
At Bitminas, we do our best to make sure our customers are able to keep their funds safe but it is important for everyone to have an understanding of the types of scams that can occur. The best way to avoid scams is to become familiarized with them.
Please visit https://bitcoin.org/en/scams to learn more.