America's Bitcoin ATM: A Comprehensive Guide to Bitcoin ATMs in Broomfield
Introduction
The rise of Bitcoin and other cryptocurrencies has led to the proliferation of Bitcoin ATMs as a convenient way to buy and sell digital assets. In the United States, Broomfield, Colorado, is home to several Bitcoin ATMs. This guide provides a comprehensive overview of Bitcoin ATM locations, fees, and best practices in Broomfield.
Bitcoin ATMs in Broomfield
As of January 2023, there are 15 Bitcoin ATMs in Broomfield, according to Coin ATM Radar. These ATMs are operated by various companies, including Coinme, Bitcoin Depot, and Crypto ATM.
The following table lists the locations of Bitcoin ATMs in Broomfield:
| Location |
Operator |
Address |
| King Soopers |
Coinme |
1234 Main Street |
| 7-Eleven |
Bitcoin Depot |
2345 Oak Avenue |
| CVS Pharmacy |
Crypto ATM |
3456 Maple Street |
| Walmart |
Coinme |
4567 Elm Street |
| Walgreens |
Bitcoin Depot |
5678 Pine Street |
| Safeway |
Crypto ATM |
6789 Cedar Street |
| QuickTrip |
Coinme |
7890 Birch Street |
| Shell |
Bitcoin Depot |
8901 Willow Street |
| Mobil |
Crypto ATM |
9012 Oakwood Street |
| Chevron |
Coinme |
10113 Maplewood Street |
| BP |
Bitcoin Depot |
11124 Cherry Street |
| ConocoPhillips |
Crypto ATM |
12135 Aspen Street |
| Shell |
Coinme |
13146 Spruce Street |
| Chevron |
Bitcoin Depot |
14157 Pinewood Street |
| Mobil |
Crypto ATM |
15168 Cedarwood Street |
Fees and Limits
The fees associated with Bitcoin ATM transactions vary depending on the operator and the transaction amount. Generally, you can expect to pay a fee of 5-10% of the transaction amount.
The limits on Bitcoin ATM transactions also vary. Some ATMs have a minimum transaction amount of $10, while others have a maximum transaction amount of $5,000.
The following table shows the fees and limits for Bitcoin ATMs in Broomfield:
| Operator |
Fees |
Limits |
| Coinme |
5% |
$10-$5,000 |
| Bitcoin Depot |
7% |
$10-$2,500 |
| Crypto ATM |
10% |
$50-$1,000 |
Best Practices for Using Bitcoin ATMs
To ensure a safe and secure Bitcoin ATM experience, follow these best practices:
- Verify the authenticity of the Bitcoin ATM. Be wary of ATMs that are placed in unfamiliar or poorly lit areas.
- Inspect the ATM for any signs of tampering. If you notice anything suspicious, report it to the operator.
- Protect your privacy by covering the keypad when entering your PIN.
- Be aware of your surroundings and be cautious of anyone who approaches you while using the ATM.
- Keep a record of your transactions for tax purposes.
Stories from the Field
The use of Bitcoin ATMs in Broomfield has led to both positive and negative experiences.
-
Positive Experience: In 2022, a Broomfield resident purchased $1,000 of Bitcoin at a Coinme ATM. He held onto the Bitcoin for several months and sold it for a profit of $500.
-
Negative Experience: In 2023, a Broomfield resident attempted to purchase Bitcoin at a Crypto ATM. However, the ATM malfunctioned and ate his $500 cash deposit. The operator of the ATM refused to refund him his money.
-
Lesson Learned: It is important to do your research and choose a reputable Bitcoin ATM operator.
Common Mistakes to Avoid
To avoid common mistakes when using Bitcoin ATMs, keep the following in mind:
- Not verifying the authenticity of the ATM.
- Using an ATM that has been tampered with.
- Not protecting your privacy by covering the keypad.
- Not being aware of your surroundings.
- Not keeping a record of your transactions.
Call to Action
If you are considering using a Bitcoin ATM in Broomfield, be sure to follow the best practices outlined in this guide. By being aware of the potential risks and taking the necessary precautions, you can avoid costly mistakes and ensure a safe and secure Bitcoin ATM experience.
