way to buy and sell Bitcoins with cash in Australia.
What is BITROCKET?
Want to buy or sell Bitcoin and sick of the hassles and hurdles?
Just visit one of our vending machines (ATMs) and transact instantly with cash.
You only need your wallet app, which can be setup in 2 minutes on your smartphone. Once you’re setup, just show our machine the QR code and insert cash.
From your wallet app, you can convert freely between digital currencies, and enjoy the flexibility, liquidity and power of blockchain technology.
Say goodbye to the hassles of online exchanges and risky face-to-face trades. No more leaving money on exchanges that might disappear overnight, no meeting up with shady strangers for trades, do everything with the comfort and security of a vending machine.
NO FUSS or delays | Multiple Locations | Instant transactions
See How EASY it Really Is
Buy or sell Bitcoin for cash in 3 steps - Less than 5 minutes
Available in Sydney, Melbourne, and Tasmania
Locate your nearest BitRocket Bitcoin ATM
Open your Bitcoin wallet app. If you don’t have one yet, try BreadApp.com – it takes 2 minutes.
Press “RECEIVE” or “Request” on your wallet app. You are about to receive bitcoin from the BitRocket ATM!
You should see your QR code (block of dots). Turn the phone brightness up and place the screen against the QR scanner panel.
Choose “Cash out” or “Withdraw” on the BitRocket ATM screen.
Enter the amount of cash $ desired, press “Cash out” to confirm.
The BitRocket ATM shows you the amount in ɃTC.
Check the amount in BTC is less than the total you have in your wallet to spend including bitcoin network fee. Compare the BTC amount, not the $ estimate your wallet shows.
Insert a note.
BitRocket ATM screen shows running total for each note.
Insert more notes (as desired, to maximum of $10k). Then press SEND when done. Check your wallet app, it should be instant!
Amounts under $200 may take up to 10 minutes and it is 100% normal for transactions to start as ‘pending’ or ‘unconfirmed’ at first.
Scan the QR code on the ATM screen with your mobile wallet. After scanning, Do not alter the amount in ɃTC (or ƀits) – check it matches the amount on the screen.
Press SEND – to receive cash!
Note 95% of the time cash will be dispensed immediately, if your wallet sends it immediately with a normal bitcoin network priority/fee. If your transaction to us might take longer, you’ll get a code to return after you have a coffee or do some shopping. For best results, use an approved wallet such as BreadApp.com, Airbitz.co, or Mycelium Wallet
Sending from broker services or exchanges may cause delays.
We believe in simplicity and a great experience. BITROCKET can help you at every step of your journey into the world of bitcoin, crypto-currency and blockchain digital assets. There’s no need to compromise.
Always at your service
Should you need guidance, we have help material, excellent tutorials and of course personalised service. Just message as with the red bubble bottom right.
BitRocket takes the stress out of transacting – no waiting for weeks or months on exchange tickets.
For higher value transactions (>$100k), we can also offer OTC concierge and escrow services, as well as bespoke brokerage.
Frequently Asked Questions
Here are just some of the most common questions and answers. For a more comprehensive list, see our guides or contact us.
1) Bring any valid ID with you or just send us your details HERE. It’s a one time check and you can use any BitRocket ATM with just your mobile.
2) Download a WALLET APP – We highly recommend Green Wallet by Blockstream
If withdrawing cash: To avoid delays and difficulties, we don’t recommend recommend withdrawing cash from an exchange. Instead withdraw to a mobile wallet app such as Green Wallet where you control the keys, for faster cash-out from bitcoin.
Also a real wallet will leave you in control of your funds, think of it as keeping gold in your safe, not someone else’s safe. As someone once said “not your keys, not your coins!”, so we believe in non-custodial wallets where you keep your backups and control your funds directly.
3) If buying: The cash you want to exchange into bitcoins. We don’t accept cards due to the risk of stolen cards. This allows you near-instant transactions rather than waiting days. There are bank ATMs near most of our ATMs.
The minimum BUY transaction is just $50! The minimum SELL transaction is $50. The maximum BUY or SELL is $10,000 AUD per transaction, and you can repeat transactions or break them up into smaller ones, that’s up to you.
It’s super easy. Once you’re, on-boarded just:
1. Press “BUY BITCOIN” on the machine and enter the digits you receive via SMS on your mobile.
2. Open your wallet app on your phone and select “RECEIVE”. (Ensure it is displaying your QR code, turn the screen brightness to MAX)
3. Hold the screen of your phone near the glass panel, just at the bottom of the metal keypad (you will see a red flashing laser).
4. Enter as much cash as you wish to deposit/convert.
5. Press “DONE”. That’s it. Most wallet apps will sync the transaction within minutes. If you’re sending to an exchange or website, they may have delays (number of bitcoin block confirmations needed), which is why we suggest you use a wallet app on your mobile, even if you spend the funds from there.
Sure, if you are doing this over several transactions you will be fine self-serving at an ATM.
For larger amounts (over $100k), our concierge service may be able to help, via our CONTACT page. Please specify payment means, time-scale (when), amount, frequency (once-off or repeated).
The minimum BUY transaction is just $50.
The minimum SELL transaction (withdraw to cash out) is $50.
The maximum BUY or SELL is $10,000 AUD per transaction. Note that you may perform multiple transactions and visit multiple times if you wish to do more.
We’re looking for new partners to join our operator network, learn more.
You might not even need to buy an ATM. Most of the cost and effort is running the service, customer queries, handling transactions, compliance, marketing, and financial trading. BitRocket partners enjoy these benefits while achieving financial rewards.
There are no extra fees to pay. The price on the machine screen is the all-inclusive price you pay. This is different to some markets where you bid/ask and the price may move against you, especially for larger transactions. The rates are based on several wholesale markets, and we take on the risk of sticking to the price once you start your transaction.
We make money on the spread between buy and sell prices. Many online services don’t show you the hidden USD -> AUD costs, card fees, exchange fees, withdrawal feels, or service fees and can be more expensive for a slower and more risky service. You can try one of our ATMs and get started immediately.
The rates are based off wholesale markets, but with all fees factored in (nothing hidden) and visible on screen. Contact us via email or use the live chat on the lower right of this page to ask for the current price. It updates every minute, with the market prices internationally. Look at the screen when you visit for the exact number. The rate on the screen includes any and all fees.
Whatever your question is, we aim to respond within 3 business days. Often your query may be answered faster (within minutes or hours), but please provide as much detail as possible to help us address your query.