Top Ten Bitcoin ATMs in Sydney and Where to Find Them
Looking for a Bitcoin ATM in Sydney? We’ve got you covered. This guide lists the top ten Bitcoin ATMs in Sydney and explains what cryptocurrencies and features they have as well as how to use them. We’ve even got an alternative to using crypto ATMs in Sydney in case you’re looking to sell for a cheaper rate in a shorter space of time.
Let’s get started!
Contents
- What Are Bitcoin ATMs?
- Where to Find a Bitcoin ATM in Sydney
- How to Use a Bitcoin ATM or Crypto ATM in Sydney
- Fees and Limits for Bitcoin ATMs
- Safety Tips When Using Bitcoin ATMs in Sydney
- A Faster and Cheaper Alternative to Using a Bitcoin ATM in Sydney
What Are Bitcoin ATMs?
Bitcoin ATMs, also known as BTMs, are kiosks that allow users to buy or sell Bitcoin using cash or credit/debit cards. These machines are designed to make cryptocurrency transactions easy and accessible, often requiring just a few simple steps to complete a purchase or sale. Unlike traditional ATMs, which connect to a bank account, Bitcoin ATMs connect to the user’s Bitcoin wallet.
They are an excellent option for those who prefer not to use online exchanges or who want to make quick transactions. Note that every ATM listed in this guide is a Bitcoin ATMs, but some of them are also general crypto ATMs that support more than one cryptocurrency.
Where to Find a Bitcoin ATM in Sydney
Sydney hosts several Bitcoin ATMs, conveniently located in various parts of the city. Here are ten popular locations:
Ezy Mart Bondi Junction
- Address: 5/239-237 Oxford Street, Bondi Junction, NSW 2022
- Hours: 24/7
- Services: Buy and sell Bitcoin and Ethereum
Haymarket City Convenience
- Address: 86 Liverpool Street, Sydney, NSW 2000
- Hours: 24/7
- Services: Buy Bitcoin
Wynyard Circular Quay City Convenience
- Address: 234 George St, Sydney, NSW 2000
- Hours: 24/7
- Services: Buy Bitcoin
Skyview Shopping Plaza
- Address: 537-551 George St, Sydney, NSW 2000
- Hours: Mon-Fri 8:30 AM – 10:00 PM; Sat-Sun 10:00 AM – 10:00 PM
- Services: Buy and sell Bitcoin
Coles Meriton Plaza
- Address: 1 Crystal St, Waterloo, NSW 2017
- Hours: Mon-Sat 7:00 AM – 12:00 AM
- Services: Buy and sell Bitcoin
Bitcoindealers
- Address: Level 9, Office 906/84 Pitt St, Sydney, NSW 2000
- Hours: Mon-Fri 10:00 AM – 5:30 PM; Sat 10:00 AM – 4:00 PM
- Services: Buy and sell Bitcoin and other cryptocurrencies
Warriewood Square
- Address: 12 Jacksons Road, Sydney, NSW 2102
- Hours: Mon-Sun 7:00 AM – 10:00 PM
- Services: Buy and sell Bitcoin
6-TEN Supermarket at Stanmore
- Address: 126 Percival Road, Stanmore, NSW 2048
- Hours: Mon-Sat 6:00 AM – 10:00 PM
- Services: Buy and sell Bitcoin and Ethereum
Ezy Mart Parramatta
- Address: 30 Hunter Street, Parramatta, NSW 2150
- Hours: 24/7
- Services: Buy and sell Bitcoin and Ethereum
Chatswood Chase
- Address: 345 Victoria Avenue, Chatswood, NSW 2067
- Hours: Mon-Sun 6:00 AM – 10:00 PM
- Services: Buy and sell Bitcoin
For more information on Bitcoin ATM locations in Sydney, you can visit websites like FindBitcoinATM and Buy Bitcoin Worldwide.
How to Use a Bitcoin ATM or Crypto ATM in Sydney
These days, Bitcoin ATMs require KYC, so you’ll need to bring a government ID with you and/or to verify your phone number at the ATM of your choice.
From there, select your transaction type (buy or sell). You’ll need to have a BTC wallet like Grineo or TrustWallet to send your BTC from when selling, or to receive BTC when buying.
To sell Bitcoin, you’ll typically be required to scan the QR code displayed on the screen of the ATM. Enter the amount you wish to sell, scan the code, and confirm the transaction. Each ATM has a slightly different system, but you’ll have clear on-screen isntructions in each case.
Likewise, buying BTC simply requires that you enter your own wallet address to the machine, confirm the amount of BTC you want to buy, and purchase Bitcoin with cash or a debit or credit card. Go to your Bitcoin wallet and go to the deposit menu to get the deposit address you’ll need to enter.
Fees and Limits for Bitcoin ATMs
Bitcoin ATMs often charge higher fees than online exchanges due to the convenience they offer.
Transaction fees typically range from 5% to 10% above market rates, with some ATMs also charging a flat fee. Transaction limits can vary widely, with daily limits ranging from a few hundred to several thousand dollars. It’s common to see limits like $10,000 per transaction, but it’s important to check each machine’s specific rules. Always check for any additional fees, such as network fees for transferring Bitcoin, which can add to the total cost.
Safety Tips When Using Bitcoin ATMs
Ensuring your safety while using Bitcoin ATMs is crucial. Choose ATMs in well-lit, populated areas, preferably within busy stores or malls.
Avoid drawing attention to your transaction and be discreet when entering your details and handling cash. Protect your wallet address by ensuring no one can see your QR code or wallet address, as this information is sensitive and should be kept private.
Double-check all transaction details before confirming to ensure the wallet address and transaction amount are correct. Stay aware of your surroundings and if you feel unsafe or notice anything suspicious, consider using the ATM at another time or location.
Save all transaction receipts and records, as they can be helpful if you encounter any issues or need to verify your transaction later. By following these guidelines, you can safely and effectively use Bitcoin ATMs for your cryptocurrency transactions.
A Faster and Cheaper Alternative to Using a Bitcoin ATM in Sydney
With Grineo, you don’t need to sell your Bitcoin at an ATM. You can simply swap the BTC in your Grineo wallet for USDT or USDC and then spend these stablecoins in any store or withdraw them from any ATM that supports Visa, just like a regular bank card.
Grineo lets you store BTC, ETH, USDT, and USDC, and to swap all of these currencies in the app at real market rates.
ATM withdrawals cost just 1% of the transaction, and paying with the card in stores costs the same amount, making it a much cheaper alternative to cashing out at a Bitcoin ATM in Sydney.
Grineo accounts are PassKey protected, and the company is regulated by Australia’s financial regulator, AUSTRAC.
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