Commonly asked bitcoin buying questions

Answers to Frequently Asked Bitcoin Purchasing Questions

We’re going to answer many of the top questions around buying bitcoin that we hope will make your bitcoin experience easier and more enjoyable!

Can I buy bitcoin at CVS?

You can buy bitcoin at 10,000 CVS stores across the U.S. using LibertyX in 4 easy steps. 1. Download the LibertyX app or visit libertyx.com and create a free account 2. Enter your bitcoin address and select a participating CVS stores near you. 3. Show the barcode to the cashier and pay the cashier your desired purchase amount (up to $500 per day). 4. Click “Purchase bitcoin” in-app and the bitcoin is sent immediately! Learn more about how to buy bitcoin at CVS with LibertyX

Can I buy bitcoin at Rite Aid?

You can buy bitcoin at 2,500 Rite Aid stores across the U.S. using LibertyX in 4 easy steps. 1. Download the LibertyX app or visit libertyx.com and create a free account. 2. Enter your bitcoin address and select a participating Rite Aid stores near you. 3. Show the barcode to the cashier and pay the cashier your desired purchase amount (up to $500 per day). 4. Click “Purchase bitcoin” in-app and your bitcoin is sent immediately! Learn more about how to buy bitcoin at Rite Aid with LibertyX

Can I buy bitcoin at 7-Eleven (7-11)?

You will soon be able buy bitcoin at 7,500 7-Eleven stores across the U.S. using LibertyX in 4 easy steps. 1. Download the LibertyX app or visit libertyx.com and create a free account. 2. Enter your bitcoin address and select a participating Rite Aid stores near you. 3. Show the barcode to the cashier and pay the cashier your desired purchase amount (up to $500 per day). 4. Click “Purchase bitcoin” in-app and your bitcoin is sent immediately! Learn more about how to buy bitcoin at 7-Eleven with LibertyX

Can I buy bitcoin at the store?

You can buy bitcoin at over 20,000 participating chain retailer stores and independent retailer stores across the U.S. using LibertyX in 4 easy steps. 1. Download the LibertyX app or visit libertyx.com and create a free account. 2. Enter your bitcoin address and select a participating location near you. You can filter by payment type (cash vs. debit card) and location type (cashier vs. kiosk). 3. Go to the location and follow the store instructions (pay cashier/kiosk or use debit card at ATM) 4. Click “Purchase bitcoin” in-app and your bitcoin is sent immediately! Learn more about how to buy bitcoin at retail stores with LibertyX

Where can I buy bitcoin in the United States (U.S.)?

You can buy bitcoin at over 25,000 particpating ATMs and retail stores across the U.S. using LibertyX in 4 easy steps. 1. Download the LibertyX app or visit libertyx.com and create a free account. 2. Enter your bitcoin address and select a participating location near you. You can filter by payment type (cash vs. debit card) and location type (cashier vs. kiosk). 3. Go to the location and follow the store instructions (pay cashier/kiosk or use debit card at ATM) 4. Click “Purchase bitcoin” in-app and your bitcoin is sent immediately! Learn more about where you can buy bitcoin with LibertyX

Where can I buy bitcoin with cash?

You can buy bitcoin with cash at 20,000 participating retail stores (including CVS and Rite Aid stores nationwide) with LibertyX in 4 easy steps. 1. Download the LibertyX app or visit libertyx.com and create a free account. 2. Enter your bitcoin address and select a participating location near you. Search by city/ZIP and filter by preferred location type (cashier vs. kiosk). 3. Go to the location, give the cashier/kiosk your barcode/order number and pay your desired purchase amount. 4. Your bitcoin is sent immediately! Learn more about how to buy bitcoin using cash with LibertyX

Where can I buy bitcoin with debit card?

You can use your debit card to buy bitcoin at 5,000 traditional ATMs nationwide with LibertyX in 4 easy steps. 1. Download the LibertyX app or visit libertyx.com and create a free account. 2. Enter your bitcoin address and select a participating location near you. Search by city/ZIP and find a location convenient for you. 3. Go to the ATM, click the LibertyX button and enter your order number / purchase amount on the ATM. 4. Insert your debit card to complete payment. Your bitcoin is sent immediately! Learn more about how to buy bitcoin using your debit card with LibertyX

What is the best way to buy bitcoin?

There are tradeoffs to the different ways you can buy bitcoin. The best way for you to buy bitcoin will depend on what you value most: * Speed - If you want the bitcoin to be immediately available, a bitcoin ATM that accepts debit cards or cash will be best. Most online exchanges require you wait 5+ days before you can withdraw/transfer your bitcoin purchase to your own wallet. * Trust - If you want to buy bitcoin in-person, a bitcoin ATM, which can be a traditional ATM that also sells bitcoin or a kiosk that accepts cash is a good choice. If you have any questions or issues you can ask an employee or call support. Online exchnages generally only have support via email which can take days for a reasponse. * Cash only - If you prefer to pay with cash, a bitcoin ATM that accepts cash is the best option. * Convenience - If you want to purchase bitcoin without leaving your home, an online exchangange is best. For U.S. residents, some of the more popular exchnges include Coinbase, Gemini, and Kraken. Learn more about the different ways to buy bitcoin with LibertyX

How to buy bitcoin?

There are 4 main ways to buy bitcoin. 1. In-person at ATM using your debit card 2. In-person at cash kiosk using cash 3. In-person at cashier using cash or your debit card 4. Online using bank account Learn about the different ways you can buy bitcoin with LibertyX

What is the fee to buy bitcoin?

It varies, but a rough range is 8% to 20% for in-person purchases and 1% to 4% for online exchanges. Similar to gas stations, every bitcoin exchange or bitcoin ATM operator can set the price / fee they want to charge for bitcoin. There are a few things to keep in mind when looking at fees: * Cash fees are higher - it costs money to secure, pickup and deposit the cash from the kiosk to the bank, so this leads to higher costs and fees. * Volume discounts - similar to buying any other item, the more you buy, the better rates you can get. * Shop around for the best rate - in certain areas, the bitcoin market is competitive leading to lower rates. * Instant bitcoin important? - if you need bitcoin immediately, in-person is the way to go. If you buy online, the fees are lower but you will need to wait days to be able to move your bitcoin because your payment takes days to clear through the banking system. Learn about the fees to buy bitcoin with LibertyX

What is the most private way to buy bitcoin?

All regulated bitcoin exchanges and ATM operators are required to follow federal and state regulations. However, in-person bitcoin ATMs can provide a tiered verification process that online exchanges cannot. With online exchanges, customers need to provide drivers license, social security number, etc. regardless of purchase amount, whereas in-person bitcoin ATMs typically have lower purchase tiers where customers only need to provide phone number or drivers license.

What is the cheapest way to buy bitcoin?

Online exchanges generally are cheapest but are the slowest for customers to actually receive the bitcoin. Currently the cheapest option for instant bitcoin or cash-to-bitcoin is using LibertyX’s chain retailers, CVS and Rite Aid. LibertyX is running a promotion where the only fee at these chain stores is a flat $4.95 retailer fee for purchases up to $500 per day. This comes out to less than 1% if you are buying $500. This puts LibertyX in the same fee ballpark as some of the large online exchanges such as Coinbase or Gemini.

Where can I buy bitcoin instantly?

LibertyX has over 25,000 locations around the U.S. where customers can purchase bitcoin instantly in-person. LibertyX has participating ATMs and retail stores in 45 states nationwide.

How does a bitcoin ATM work?

Buying bitcoin from bitcoin ATMs vary depending on operator/manufacturer, but generally follow these steps: 1. Create an account and complete identity verification 2. Provide your bitcoin address 3. Insert cash or debit card to complete payment 4. Bitcoin is immediately sent to your wallet

Where is the nearest bitcoin ATM?

You can find the nearest bitcoin ATM by using the LibertyX store locator here

Still have questions?

If you have any other questions about buying bitcoin, have burning recommendations on where we should add locations, or anything else, we want to hear from you!