BitDepot cryptocurrency/cash exchange service provider
Total number of BitDepot locations: 44062
About: Bit Depot is an exchange service where customers across the USA may use cash, debit or credit cards to purchase Visa, Mastercard, or American Express prepaid gift cards at thousands of Walmarts, gas stations, and other retailers across the country. Our business model targets the unbanked who wish to purchase Bitcoin, as well as targeting customers who wish to have their cryptocurrency immediately. Traditional exchanges such as Coinbase and Binance hold users ACH funds for a week+. Bit Depot is a registered MSB and is in the process of acquiring money transmission licenses in states where they require one for crypto businesses.
The steps for customers to buy our crypto goes as follows:
1. The customer must purchase a Visa, Mastercard or American Express non-reloadable prepaid gift card at supported retailers.
2. The customer will begin the order process on our website, which includes confirming their phone number, uploading required images and typing card information.
3. Once order is confirmed, BTC is released thereafter.
Price: Fees: N/A