Can you sell bitcoin for cash at an ATM?

Yes, but only about 1 in 270 crypto ATMs buys bitcoin back. How to find one, what happens at the machine, and how to avoid a wasted trip.

· Guides

Most crypto ATMs only sell bitcoin. Of the 28,774 machines on Bitcoin Scouts on October 31, 2026, just 107 also buy it back for cash: about 1 in 270. So the first job is finding one, and the second is making sure it has cash when you get there.

Find a machine that pays out

  • Search near you with the Can sell filter on. Only two-way machines show.
  • Add Has cash to pay you to see machines that reported cash in the dispenser recently. Machines that run out can't pay you, even if they accept your bitcoin.
  • Check the hours and the limits on the listing. Many cash-out machines are inside stores that close at night.

What happens at the machine

  1. Choose Sell and enter the amount. Machines pay in bills, so amounts often go in steps of $20.
  2. Verify your phone, and show ID if the amount needs it. Larger amounts always need more.
  3. The machine shows an address as a QR code. Scan it with your wallet and send exactly the amount on the screen.
  4. Wait for the payment to arrive. Some machines pay small amounts within a minute. Others wait for a blockchain confirmation, which usually takes 10 to 60 minutes, and print a code so you can come back for the cash.
  5. Take the cash and the receipt. The receipt has the transaction ID and the operator's phone number if anything goes wrong.

Avoid a wasted trip

  • Send from a wallet you control. Exchanges can hold a withdrawal for review, and the machine may time out while you wait.
  • Your wallet's network fee comes on top of the machine's fee. Send enough that the machine sees the full amount.
  • Selling usually costs less than buying, but check the rate on the screen before you send. You can still cancel then.
  • Keep the redemption code safe. Anyone holding it can collect the cash.

Is there a cheaper way?

If you have a bank account, selling on an exchange app and withdrawing to your bank is usually cheaper. It takes a day or two instead of an hour. A cash-out machine makes sense when you need cash today or don't want to link a bank.

If a stranger, a new online friend or a "job" asks you to cash out bitcoin and hand over or forward the money, stop. That's how criminals launder scam money, and the person doing the cash-out takes the legal risk. Read how crypto ATM scams work.

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