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Bitcoin of America
US-based physical cryptocurrency ATM network and on-ramp operating since 2015
2.9/ 5
Our score
Weak
Countries
1
Sell to fiat (off-ramp)
Yes
KYC required
Yes
What is Bitcoin of America?
Bitcoin of America is a United States virtual currency exchange and cryptocurrency ATM operator founded in 2015. The service functions primarily as a physical on-ramp and off-ramp, allowing individuals to trade cash for digital assets such as Bitcoin through a distributed network of standalone kiosks and point-of-sale integrations.
Company background and operations
Headquartered in Illinois, Bitcoin of America was established in 2015 and operates as a registered Money Services Business with FinCEN. As of December 2025, the organization maintains an estimated team size of roughly 40 employees spanning North America, Africa, and Europe.
How the service works
Customers interact directly with physical virtual currency kiosks to exchange cash for supported digital assets like Bitcoin. Users verify their identity at the machine, feed cash into the kiosk or arrange a sale, and provide a destination wallet address. Customers use physical kiosks to buy and sell digital assets such as Bitcoin with cash, with coins issued the same day after identity verification.
Regulatory status and security record
Bitcoin of America is registered as a Money Services Business with FinCEN, and identity verification is part of the kiosk workflow. In February 2024, the company was named in a copyright infringement lawsuit filed by Genesis Coin Inc. regarding ATM user interface software code.
Trade-offs and risks
Users are restricted to geographic kiosk locations within the United States and must complete identity verification before buying.
Best for:US buyers using physical cashIn-person cash off-rampingDirect delivery to self-custody
Pros and cons
Pros
- Operates as a registered Money Services Business with FinCEN
- Provides physical cash-to-Bitcoin transactions with same-day settlement
- Supports two-way transactions allowing users to sell digital assets for cash
- Founded in 2015 and available in the United States
Cons
- Availability restricted entirely to locations within the United States
- Faced a February 2024 copyright infringement lawsuit from Genesis Coin Inc
- Supported asset selection focuses narrowly on core assets like Bitcoin
Our review
2.9/5
Weak
Bitcoin of America provides physical kiosks for cash-to-crypto purchases across the United States, but geographic reach is limited to US jurisdictions and asset choices remain narrow.
Founded in 2015, Bitcoin of America is an Illinois-based virtual currency exchange and kiosk network registered as a Money Services Business with FinCEN. The company specializes in physical hardware on-ramps. Individuals in the United States can use these kiosks to convert cash directly into digital assets such as Bitcoin, with hardware issuing assets on the same day once identity verification clears.
Key operational characteristics include its operating history dating back to 2015, Money Services Business registration with FinCEN, and same-day asset delivery. The operator has also expanded beyond retail terminals to offer point-of-sale integrations and bill payment services for commercial merchants.
Geographic coverage is limited to the United States. Supported digital assets focus on Bitcoin.
In February 2024, Genesis Coin Inc. filed a lawsuit against the firm alleging copyright infringement regarding software code implemented in its terminal interface. Bitcoin of America serves cash purchasers in the United States seeking physical counter transactions.
Sources (1)
Specs
| Service | On-ramp, Off-ramp · unverified |
|---|---|
| Countries | 1 · unverified |
| KYC required | Yes · unverified |
| Sell to fiat (off-ramp) | Yes · unverified |
| Delivery time | Same-day · unverified |
Not disclosed by the provider: Payment methods, Typical fee, Assets, Minimum purchase, Developer widget / API, Apple Pay, Max purchase.
Data from the provider's website and public sources. Fees and availability change; confirm on the official site before you sign up.
Key features
Cash-to-crypto purchasing
Accepts physical fiat currency at automated kiosks to deliver Bitcoin.
Two-way ATM transactions
Facilitates both purchasing and selling of supported digital assets for cash directly at the terminal.
Same-day settlement
Dispatches cryptocurrency transactions to the network on the same day after cash insertion and verification.
Point-of-sale integrations
Provides merchant point-of-sale and bill payment services alongside standard kiosk operations.
Identity verification terminal
Integrates customer identification screening into the kiosk workflow.
Inside Bitcoin of America
Virtual Currency Kiosks / ATMs
Physical cryptocurrency kiosks that allow users to buy and sell digital assets such as Bitcoin using cash, delivering purchased coins same-day after identity verification.
BillPay and POS Integrations
Merchant-focused payment processing solutions and point-of-sale integrations that support bill pay and virtual currency acceptance.
User reviews
No user reviews yet. Have you used Bitcoin of America? Share your experience below.
FAQ
Where is Bitcoin of America available?
Bitcoin of America operates within the United States. Its services and physical kiosks are not available to international users.
What regulatory licenses does Bitcoin of America hold?
Bitcoin of America is registered as a Money Services Business with the Financial Crimes Enforcement Network (FinCEN) in the United States.
What payment methods can you use at Bitcoin of America?
The primary payment method is physical cash deposited at the company's cryptocurrency kiosks and automated teller machines.
Which cryptocurrencies are supported by Bitcoin of America?
Bitcoin of America facilitates transactions for Bitcoin.
Has Bitcoin of America been involved in any legal incidents?
Yes. In February 2024, Genesis Coin Inc. filed a copyright infringement lawsuit alleging unauthorized use of software code in Bitcoin of America's ATM user interface.
Latest from Bitcoin of America on X
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Recent public posts from @BTCofAmerica, shown as published. Not reviewed or endorsed by CryptoReview.
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