Crypto ATM
Crypto kiosk · Bitcoin ATM
A crypto ATM is a kiosk that accepts cash or cards and sends cryptocurrency to an address the customer supplies, often by scanning a QR code.
Legitimate buyers use kiosks for convenience. Scammers use them because the victim converts cash to crypto and sends it, irreversibly, to the scammer’s address in minutes.
The FBI’s 2025 report counts 13,460 complaints involving crypto ATMs and kiosks with $389 million in losses, up 58% on 2024; people aged 60 and over reported $257,466,130 of those losses.
The FBI advises not to follow a stranger’s instructions to pay at a crypto ATM or to scan a QR code they send. See why scammers tell victims to use a crypto ATM.
Sources
Last updated