Bitcoin ATMs In Brazil - how to buy or sell cryptocurrencies without fees
Cryptocurrency, especially Bitcoin, has gained prominence around the world. As a result, Bitcoin ATMs, known in Brazil as Caixa Bitcoin, have also become popular due to facilitating quick cryptocurrency transactions for cash. These machines allow users to easily buy or sell their digital assets in the same way they use bank ATMs. The only difference is that here, instead of a credit card, use a QR code from your cryptocurrency wallet app.
Last year, Caixa Bitcoin rose to prominence after a unique experiment conducted by CNBC, the largest financial television network in the world. They successfully sent funds to a Ukrainian refugee through a Bitcoin ATM operated by operator Shitcons.club (currently the only operator in Brazil). It turns out that the banks failed the refugee during the war. The journalist's story revealed the cryptocurrency's potential in emergency situations when traditional financial institutions may not be available. Indeed, credit cards and banks are not needed for these devices at all.
New bitcoin ATMs in Brazil
- Two-way operation: both buy and sell bitcoin by exchanging it for BRL
- Fees: 0% on purchases under the current special offer, usually 1% to 5%.
- Community: Connect with other machine users on platforms such as Telegram and Twitter.
- Support: support@shitcoins.club
- ATM locations: Find them on Google Maps or at the bottom of this article
- Questions and answers, more information: The most up-to-date frequently asked questions about Bitcoin ATMs can be found on the largest website dedicated to the devices, called Bitcoin ATM
Bitcoin ATMs in Brazil free of charge
Contrary to the common belief that cryptocurrency transactions involve high fees, Shitcoins.club often offers 0% commission (i.e. the same price as on exchanges). According to coinATMradar, the global average ranges from 8% to 15%, so today's 0% commission is extremely low.
However, Shitcoins.club - the only operator in Brazil - offers lower rates, with an average fee of 4.5%. Sometimes they even offer rates +3%€ better than cryptocurrency exchanges (you get an extra €3 for every €100 transaction, instead of paying a fee).
Bitcoin ATMs in Brazil
Recent installations of Bitcoin ATMs took place in Rio de Janeiro at Shopping Patio Petrópolis and in San Paulo at Shopping Metro Boulevard Tatuapé. These locations suggest the growing use of cryptocurrencies in the country. Brazil, with its large population and booming technology sector, could be the next big cryptocurrency market.
Where are the bitcoin ATMs in Brazil?
Caixa Bitcoin Rio de Janeiro
- Bitcoin ATM in Petrópolis Rio de Janeiro (Address: R. Mal. Deodoro, 153 - Centro, Petrópolis - RJ, 25620-150, Brazil),
- Shopping Plaza Niteroi Rio de Janeiro (Address: Rua Quinze de Novembro, 8 - Centro, Niterói - RJ, 24020-125, Brazil),
- Norte Shopping Rio (address: Av. Dom Hélder Câmara, 5474 - Cachambi, Rio de Janeiro - RJ, 20771-004, Brazil),
- Via Parque Shopping Rio (address: Av. Ayrton Senna, 3000 - Barra da Tijuca, Rio de Janeiro - RJ, 22775-904, Brazil),
Caixa Bitcoin Sao Paulo
- Mocca Shopping (Address: R. Cap. Pacheco e Chaves, 313 - Vila Prudente, São Paulo - SP, 03126-000, Brazil) (click here to learn more about this most popular Bitcoin checkout in São Paulo: Caixa Bitcoin São Paulo),
- Shopping in São Bernardo (address: Av. Rotary, 624 - Centro, São Bernardo do Campo - São Paulo, 09721-000, Brazil),
- Shopping Metro Boulevard Tatuapé (Address: R. Gonçalves Crespo, 78 - Tatuapé, São Paulo - SP, 03066-030, Brazil).
How to sell bitcoin for cash in Brazil using a bitcoin ATM machine
- Step 1: Prepare your cryptocurrency wallet
- Step 2: Find a nearby bitcoin ATM
Use the map Bitcoin ATMs on GoogleMaps to locate nearby ATMs, check opening hours, read customer reviews downloaded from GoogleMaps, check photos, compare prices and available cash balances inside.
- Step 3: Use an anonymous wallet
Make sure you have a bitcoin address before using a bitcoin ATM. Shitcoins.club allows you to use any wallet - it doesn't force you to download any specific one.
- Step 4: Enter your Fiat currency
For example, if you deposit R$100 and the transaction fee is 2%, you will receive R$98 in Bitcoin.
If there is a discount, as there is now (all of 2023), there is no purchase fee, which means you are buying at the same price as on the exchanges. This offer could end at any time, so it's best to check the operator's social media for updates.
- Step 5: Confirm and finalize the transaction
Once approved, press "SELL" or "CONFIRM." The sold bitcoins will be sent to the address associated with your QR code.
If you have questions about ATMs or want to learn about other users' experiences, we recommend contacting the operator's support team or talking to the community on Telegram or Twitter. There you can also find information about special offers and freebies (for example, the team will soon visit the European Blockchain Convention in Barcelona, where they will distribute cryptocodes).
Video guide: https://youtu.be/FpRVSZ3_tWY?si=mUzp4MoliEvaVD6B&t=368