Byte Federal

Byte Federal operates ATMs for buying cryptocurrency with cash in the United States and publishes a map of its machines. Its head office is in Venice, Florida, and the legal entity is Byte Federal LLC.

How the ATMs work

According to the ATM terms, transactions are open to adult clients who want to receive crypto to their own wallet and pass identity verification. The available assets and transaction amounts depend on the state. Listed assets are BTC, ETH, BCH, LTC, DOGE, SHIB, DAI, USDT and USDC, with USD cash as the only fiat currency.

Requirements

A customer must be at least 18, must complete identification and must have a self-custodial wallet, because coins are delivered straight to it and not stored by the operator. State-specific restrictions apply to assets and to transactions.

Registration

The company discloses FinCEN BSA registration 31000340957702 and NMLS 2327474.

Who it suits

Retail users in the United States who want to turn cash into crypto at a nearby machine and already hold a wallet. People who need to sell crypto for cash, or who plan larger amounts, should check what their state allows and the per-transaction limits first.