Digitalmint aims to be “your digital currency concierge” by providing bitcoin ATMs and tellers across the United States. Find out how it works today in our review.
What Is DigitalMint?
Digitalmint, found online at Digitalmint.io, makes buying and selling digital currencies easy. The company offers a digital currency concierge service. That “concierge” consists of ATMs (machines) and tellers (real people) who can walk you through the cryptocurrency purchasing process.
Today, you can find 80% Digitalmint ATM and teller locations across the United States. You can expect to pay fees of about 12% when buying or selling bitcoin. You can use ATMs as easily as you would use other bitcoin ATMs. Or, you can visit a teller location to conduct a bitcoin transaction in-person.
Digitalmint’s is headquartered in Chicago. They’ve offered bitcoin ATM services since being founded in 2014.
How Does DigitalMint Work?
Digitalmint provides two ways to buy or sell digital currencies: through ATMs or tellers. Digitalmint currently has 81 locations across the United States. You can visit these locations in-person to purchase up to $8,000 per day in instant transactions.
Digitalmint has locations in 12 states, including Arizona, California, Colorado, Delaware, Illinois, Indiana, Massachusetts, Minnesota, Missouri, New Jersey, Pennsylvania, and Wisconsin.
You can find a location near you here: digitalmint.io/#mapContainer.
Typically, locations can be found at Western Union locations, currency exchange centers, and similar businesses. The company has a total of 58 bitcoin ATMs and 23 bitcoin tellers nationwide. You can also call the company’s customer service to get in touch with real people who know digital currencies.
The Digitalmint ATMs work like ordinary bitcoin ATMs. You insert cash and buy bitcoins in minutes. You can also sell bitcoin from your existing wallet for cash (although this is only available at select locations with two way service).
Digitalmint’s tellers will walk you through the process of buying and selling bitcoin.
Overall, Digitalmint promises that your crypto buying/selling experience will be “as easy as loading a prepaid debit card”.
DigitalMint Rates And Fees
Digitalmint charges typical fees for a bitcoin ATM or in-person transaction. You can expect to pay significantly higher rates than a typical exchange.
- Tellers: 12% flat rate
- ATM: 13.5% ($0 to $250), 11% ($251 to $750), 10% ($751 to $1,500), 9% ($1,501 to $2,000) and 8.5% ($2,001 to $2,500).
Obviously, these rates are higher than the fees charged by a typical exchange. However, fees of 8 to 12% are fairly standard across the bitcoin ATM industry – so Digitalmint’s fees are competitive. However, if you’re looking to minimize fees, an exchange is your best option.
Who’s Behind DigitalMint?
Digitalmint is a product of Red Leaf Chicago, LLC. The company does business under the name (dba) Digitalmint.
Red Leaf Chicago, LLC was founded in Chicago in 2014. Today, the company operates 80% bitcoin ATMs and teller locations across the United States. In addition to bitcoin ATMs, Red Leaf Chicago provides ATM placement programs for businesses and allows users to earn rewards in bitcoins that can be spent at various online retailers and neighborhood stores.
Digitalmint is one of several bitcoin ATM operators available across the United States. Digitalmint offers ATMs and in-person teller services. In exchange for a fee of around 12%, you get a concierge that walks you through the buying and selling process (fees drop to as little as 8.5% when purchasing amounts over $2,000).
Digitalmint locations can be found in 12 states across the US. To find a location near you, visit Digitalmint.io today.