Yes, you can use a Bitcoin ATM in Hong Kong: there are about 220 to 240 machines across the city, run mainly by CoinHero, CoinUnit and Localcoin. Almost all of them only sell you crypto for cash, typically at 5% to 13% plus a fixed fee, and just a handful will buy coins back and pay out banknotes.
This page is the hub for everything machine-shaped. It covers who runs the network, what the fees look like on the operators' own pages, the eight CoinHero units that work in both directions, how to find a Bitcoin ATM near you by district, and the legal grey zone the machines sit in while Hong Kong writes its dealer licence. If you would rather talk to a human across a counter, our guide to walk-in crypto shops covers the staffed alternative.
How many crypto ATMs Hong Kong has
Nobody publishes an official count, because no regulator licenses these machines. The number everyone quotes comes from Coin ATM Radar, a global directory that blocks automated readers, so what follows is its data as reported by the press, not a live reading. In April 2022 Forkast cited 147 machines, more than double the year before. By November 2025 Cointelegraph put the figure at 223, in its story on Bitcoin Depot's arrival. A search snippet from the directory's country page shows 236 locations when outlying listings such as Mong Kok, Yuen Long and Fanling are added.
Operator self-counts line up with that picture. CoinHero's locator shows about a hundred sites, CoinUnit says "70+", Localcoin launched with 31 in February 2025, and a few smaller operators fill the gaps. A reasonable working estimate for September 2026 is 220 to 240 machines, which makes Hong Kong one of the densest crypto ATM markets in Asia. Singapore, for comparison, pulled most of its machines in 2022. Hong Kong never ordered a removal.
Who runs Bitcoin ATMs in Hong Kong
The market is really a two-horse race with a few newcomers. CoinHero, headquartered in Causeway Bay, is the largest by locations and the only one that publishes a fee table in plain view. CoinUnit.io, formerly CoinUnited and founded in 2018, runs General Bytes machines, many of them in WASHours and LaundrYup laundries. Localcoin is an Australian operator that entered in February 2025 with 31 units, starting on the Island. Bitcoin Depot, the Nasdaq-listed US giant, announced its Hong Kong launch in November 2025 as its first market outside North America and says it wants to be a top-five operator, but has not disclosed a local unit count. One widely shared article claimed Bitcoin Depot launched with 223 machines; that is the citywide total, misread.
| Operator | Network (self-reported unless noted) | Direction | Coins & notes |
|---|---|---|---|
| CoinHero | About 100 locations: 24 Island, 38 Kowloon, 41 NT and Islands (locator, Sep 2026) | Buy everywhere; sell at 8 | BTC, ETH, DOGE, BCH, XAUt · HK$100/500/1,000 notes |
| CoinUnit.io | "70+" Hong Kong locations, founded 2018, General Bytes hardware | Buy; sell at some units | BTC, ETH, DOGE, LTC, TRX · HK$500/1,000 only |
| Localcoin | 31 at launch (Feb 2025), Australian operator | Buy only | BTC, USDT, ETH, DOGE and more |
| Bitcoin Depot | Entered HK Nov 2025, no HK count disclosed | Not stated | Not stated |
| HK Bitcoin ATM | A few Lamassu units, "since 2013" (aggregator data) | Buy and sell | BTC, BCH, ETH, LTC, ZEC |
| Teller desks (One Satoshi, Crypto HK) | Staffed counters inside shops | Both ways | BTC, ETH and more |
Two older names still appear on maps. HK Bitcoin ATM, which says it has operated since 2013, runs a few Lamassu machines in Central and at 608 Nathan Road in Mong Kok. And some shops run "tellers", where a staff member does the job of the machine: One Satoshi branches and the Crypto HK desk in Admiralty Centre both show up this way in directories. If a brand you have heard of, such as Genesis Coin or Coinhako, is missing here, it is because we could not find evidence of a working Hong Kong machine. For our hands-on take on the biggest network, read the CoinHero review.
Bitcoin ATM Hong Kong fees, limits and notes
This is where the machines lose most people. CoinHero's FAQ, checked on 30 September 2026, lists a buy fee of 13% plus a HK$100 fixed charge on BTC, ETH, DOGE and XAUt, and 13% plus HK$25 when you sell BTC or ETH. Bitcoin Cash is the odd exception at 1%. Oddly, CoinHero's own October 2025 press release advertised an 8.6% spread plus HK$100, so fees have either risen or vary by machine. The operator runs a membership nominally worth HK$1,000 a year, currently offered free, which it says halves ATM fees.
| Operator · action | Fee | Limits / notes | Where the figure comes from |
|---|---|---|---|
| CoinHero · buy BTC/ETH/DOGE/XAUt | 13% + HK$100 | Min HK$500, max HK$100,000 unregistered | CoinHero FAQ, Sep 2026 |
| CoinHero · sell BTC/ETH | 13% + HK$25 | Only at 8 machines | CoinHero FAQ, Sep 2026 |
| CoinHero · buy BCH | 1% | Same limits | CoinHero FAQ, Sep 2026 |
| CoinUnit | HK$90 + 6.9% (unconfirmed) | HK$500/1,000 notes only | Search snippet only |
| Localcoin | 5%–8% | Buy only | Localcoin HK site, Sep 2026 |
Do the arithmetic before you queue. Put HK$2,000 into a CoinHero machine and roughly HK$260 goes on the 13% spread, another HK$100 on the fixed fee, and about HK$1,640 of Bitcoin reaches your wallet. Localcoin's 5% to 8% is kinder but still several times what a licensed exchange charges. A CoinUnit fee of HK$90 plus 6.9% circulates in search results; we could not confirm it on CoinUnit's site, so treat it as unverified.
Notes matter too. CoinUnit machines accept only HK$500 and HK$1,000 notes, so arriving with a wallet of red HK$100s is pointless. CoinHero also takes HK$100 notes. CoinHero's minimum is HK$500, and you can trade up to HK$100,000 per transaction without registering. Above that you enrol with a mobile OTP, HKID or passport, a selfie and a fingerprint; registered members can reach HK$1 million. Coins on offer are mostly BTC, ETH and DOGE, with LTC and TRX at CoinUnit, BCH and Tether Gold at CoinHero, and USDT at Localcoin.
Prefer a card to a pile of HK$500 notes?
Online platforms take Visa, Mastercard or Apple Pay and usually charge far less than a 13% machine spread.
Sell Bitcoin at an ATM: the only machines that pay cash
If you want to turn crypto into banknotes, the map shrinks dramatically. Of CoinHero's roughly 100 locations, its locator marks only eight as buy-and-sell when we rechecked it on 30 September 2026. They are listed below exactly as the operator publishes them. An earlier September version of the list showed nine, including the Nan Fung Plaza unit in Hang Hau, which has since switched to buy-only: a reminder of how quickly these lists move. Several are open around the clock, but the mall units follow shopping hours, so the Kwun Tong and K11 machines are no use at midnight.
- ATM Sells for cash Operator-listedCoinHero · Causeway Bay flagship G/F, 1A Canal Road East, Causeway Bay 銅鑼灣堅拿道東 Open 24 hours. Also the operator's HQ and OTC desk.
- ATM Sells for cash Operator-listedCoinHero · Kwun Tong #1 Shop 205, 2/F, Yue Man Square (YM2), 33 Hip Wo Street, Kwun Tong 觀塘協和街 10:00–22:00 daily
- ATM Sells for cash Operator-listedCoinHero · Mong Kok #3 2/F, Grand Plaza, 625 & 639 Nathan Road, Mong Kok 旺角彌敦道625及639號 07:00–00:00 daily
- ATM Sells for cash Operator-listedCoinHero · Tsim Sha Tsui #1 B2/F, K11 Art Mall, 18 Hanoi Road, Tsim Sha Tsui 尖沙咀河內道 K11 購物藝術館 10:00–22:00 daily
- ATM Sells for cash Operator-listedCoinHero · Tsim Sha Tsui #3 Laundry Xpress, Shop 13, G/F, Tsim Sha Tsui Mansion, 83–97 Nathan Road 尖沙咀彌敦道83–97號 Open 24 hours
- ATM Sells for cash Operator-listedCoinHero · Sheung Shui G/F, 14–16 San Kung Street, Sheung Shui 上水新康街 Open 24 hours. Closest sell point for Tai Po and Fanling.
- ATM Sells for cash Operator-listedCoinHero · Tuen Mun #3 Shop 94, G/F, Man Bo Building, 2 Tsing Hoi Circuit, Tuen Mun 屯門青海圍2號 Open 24 hours
- ATM Sells for cash Operator-listedCoinHero · Yuen Long #3 365 Laundry, Shop D1, No. 8, 14–28 Pau Cheung Square, Yuen Long 元朗炮仗坊 Open 24 hours
Outside CoinHero, a few other points pay out. CoinUnit advertises buy and sell at some sites, including the 24-hour machine on the upper deck of Central Pier 7. HK Bitcoin ATM's Lamassu unit at 608 Nathan Road is listed as two-way in aggregator data. Staffed tellers inside shops can also buy your coins. Localcoin, by contrast, states plainly that its machines are buy-only.
- ATM Sells for cash Operator-listedCoinUnit · Central Pier No. 7 Upper deck, Central Pier 7, beside the HSBC ATM 中環七號碼頭 24/7, buy and sell, BTC / ETH / DOGE / LTC / TRX
- ATM Sells for cash Aggregator dataHK Bitcoin ATM · 608 Nathan Road Shop 322, 3/F, W Plaza, 608 Nathan Road, Mong Kok 旺角彌敦道608號 總統商業大廈 Lamassu machine, listed as buy and sell. Aggregator data, check before going.
- OTC counter Sells for cash Aggregator dataOne Satoshi · teller counters Inside One Satoshi shops, e.g. Tsuen Wan and Sheung Shui Listed on Coin ATM Radar as a "Bitcoin Teller": staff-operated, BTC and ETH both ways.
- OTC counter Sells for cash Operator-listedCrypto HK · Admiralty teller Shop 51, 1/F, Admiralty Centre, 18 Harcourt Road 金鐘夏慤道 海富中心 Staffed desk, cash under HK$100,000 without appointment.
Selling through a machine costs 13% plus HK$25 at CoinHero, which is the steepest off-ramp in the city. For anything beyond pocket money, selling on a licensed exchange and withdrawing HKD by FPS to your bank is cheaper and leaves a clean paper trail. The guide to selling crypto in Hong Kong compares every route, from exchange to shop counter.
Where crypto ATMs sit: laundromats, claw arcades, malls
Forget bank lobbies. Hong Kong's crypto ATMs live where rent is cheap and doors never close. The most common host is the 24-hour self-service laundry: CoinUnit machines stand between the dryers at LaundrYup in Sheung Wan and WASHours on Hennessy Road, while CoinHero has units in 365 Laundry shops and in a laundry at Montane Mansion, the "Monster Building" in Quarry Bay that tourists photograph. The second habitat is the claw-machine arcade. Look for Meow Claw on Queen's Road Central, Claw Planet on Johnston Road and Taketoys branches in Causeway Bay, Mong Kok and Sham Shui Po.
The third group sits in malls: K11 Art Mall in Tsim Sha Tsui, Grand Plaza on Nathan Road, Yue Man Square in Kwun Tong, Nan Fung Plaza in Hang Hau (buy-only). These feel safer and better lit, but they close at night. Then there is the single most concentrated spot in the city: 608 Nathan Road in Mong Kok, the President Commercial Centre and W Plaza, where a Wen Wei Po reporter found about 15 coin shops and three crypto ATMs on a single floor in February 2025. Our Mong Kok crypto guide walks that building floor by floor.
Bitcoin ATM near me: find one by district
Searching "Bitcoin ATM near me" from a phone in Hong Kong usually returns the operator maps, which do not tell you whether a machine sells, which notes it takes or when the mall closes. Our district pages do. Pick your area on the route map, or jump straight to the paragraph for your side of the harbour.
Hong Kong Island
The north shore from Kennedy Town to Chai Wan is dense with machines; CoinHero alone lists 24 Island sites. Causeway Bay is the strongest single district, with CoinHero's 24-hour two-way flagship on Canal Road East. Central and Sheung Wan have the Pier 7 machine and three CoinUnit laundry units, but also the city's money-changer robbery hotspot. Wan Chai has machines on Hennessy and Johnston Roads, while Admiralty has no confirmed ATM at all, only staffed counters in Admiralty Centre. The Hong Kong Island overview ties them together.
Kowloon
Kowloon holds 38 of CoinHero's sites and most of the city's crypto retail. Mong Kok is the flagship: 608 Nathan Road, Grand Plaza's sell machine and a string of arcade units on Argyle and Sai Yeung Choi Streets. Tsim Sha Tsui has two CoinHero sell points plus machines near Chungking Mansions and China Hong Kong City. Kwun Tong adds a mall-hours sell point at Yue Man Square. See the Kowloon region page for Jordan, Sham Shui Po and Kowloon Bay.
New Territories and Lantau
CoinHero claims its largest regional count here, 41 sites, spread through the new towns. Tsuen Wan is the NT's busiest hub, with CoinUnit and CoinHero machines and two staffed shops. Tuen Mun and Yuen Long each have a 24-hour two-way CoinHero unit. Sha Tin has laundry machines and One Satoshi counters. Tai Po is buy-only, so sellers head to Sheung Shui. In Sai Kung and Tseung Kwan O, the Hang Hau machine has switched to buy-only and Sai Kung town has a single buy-only unit, so sellers ride to Kwun Tong. Lantau and the airport have no machine we could find; Cheung Chau has one. The New Territories overview has the full list.
How to use a Bitcoin ATM in Hong Kong, step by step
The machines differ in brand and screen layout, but the flow is the same everywhere. Allow ten minutes the first time, and do it somewhere you are comfortable counting cash in public.
- Check the live mapOpen the operator's locator on the day. Laundromat machines move, malls close at 22:00, and only a few units pay out cash.
- Have a wallet readyInstall a self-custody wallet and copy your own receiving address as a QR code. Never use an address someone sent you.
- Bring the right notesCoinUnit takes only HK$500 and HK$1,000 notes. CoinHero also takes HK$100. Minimum at CoinHero is HK$500.
- Verify your phoneEnter your mobile number and the SMS code. Larger amounts trigger ID, selfie or fingerprint checks.
- Scan, insert, confirmPick the coin, scan your wallet QR, feed the notes, then check the rate on screen before pressing confirm.
- Keep the receiptPhotograph the paper slip with the transaction ID. It is your only proof if the coins do not arrive.
Two practical points first-timers miss. The exchange rate on screen already includes the spread, so compare it with a live BTC/HKD price on your phone before you insert the first note; the gap is your real cost. And Bitcoin arrives on-chain, which can take anywhere from a few minutes to an hour when the network is busy. If nothing shows after that, the receipt's transaction ID lets the operator trace it. Where you store the coins matters more than where you buy them, so read our wallet guide if you have not set one up.
Are Bitcoin ATMs legal in Hong Kong?
They are legal to operate and to use, but they are not specifically licensed by anyone. Several 2025 articles claimed operators must hold a Money Service Operator licence from Customs. That is a misreading: the MSO regime under the Anti-Money Laundering Ordinance covers money changing and remittance of fiat currency. A machine that swaps your HK$500 note for Bitcoin falls outside it. The government's own consultation papers describe "coin shops and ATM networks" together as the unregulated physical corner of the market.
That is about to change. In June 2025 the Financial Services and the Treasury Bureau and the SFC proposed a virtual asset dealing licence that covers simple crypto-for-fiat conversions "through physical locations and/or other platforms". Proposed requirements include HK$5 million paid-up capital, custody with an SFC-licensed custodian and blockchain analytics tools. Consultation conclusions came in December 2025, and on 1 June 2026 the government told LegCo it aims to introduce the bill within 2026 and will not offer a "deemed licensed" transition. As of late September 2026 the bill had not been gazetted.
In plain terms: on the day the law starts, a machine network must be run by an SFC licensee or switch off. Some operators will make it, many small ones probably will not. Until then, you have no regulator to complain to and no compensation fund if a machine eats your cash. The wider picture is on our Hong Kong crypto regulation page, and the SFC's list of licensed crypto exchanges shows the regulated alternative today.
Want a receipt from a platform, not a laundromat?
Online purchases leave a clean record and usually cost far less than the machine route.
Operating since 2013 · Card & Apple Pay · Registered in the US, Gibraltar and Spain · Why this pick?Bitcoin ATM scams: the patterns to know
We found no Hong Kong-specific statistics on ATM fraud, but the global picture is ugly. The FBI recorded more than US$388 million in crypto-ATM fraud losses in the United States in 2025, according to Help Net Security. The machine is almost never the trick; the person on the phone is. The script usually runs one of three ways. A caller posing as police, Customs or your bank says your account is compromised and you must move cash into a "safe wallet". An online romance or investment contact asks you to "top up" a trading account through an ATM. Or a fake job or refund agent sends a QR code and a list of nearby machines.
The tell is always the same: someone else supplies the wallet address. Once you scan their QR code and feed notes in, the coins are gone, and no operator can claw them back. Real police and banks never ask you to buy crypto. If a stranger is guiding you to a machine by phone, stop, hang up and call the police Anti-Deception Coordination Centre's 18222 hotline. Our crypto scams guide covers the Hong Kong cases, including fake OTC shops, in detail.
A last practical warning. Carrying HK$50,000 in notes to a laundromat at 2am is not a great idea, and Hong Kong has seen a run of robberies around money changers and coin shops since late 2025. If the amount would hurt to lose, a bank transfer to a licensed platform is the calmer route. And if you are only here because you need Bitcoin quickly, the quickest way to buy crypto is usually a phone, not a machine.
Frequently asked questions
Is there a Bitcoin ATM in Hong Kong?
Yes, roughly 220 to 240 of them. Coin ATM Radar counted 223 in November 2025, as quoted by Cointelegraph. CoinHero alone lists about 100 locations, CoinUnit says 70+, and Localcoin launched with 31. Most are in laundromats, claw-machine arcades and small malls along the MTR, and most only let you buy, not sell.
How much does a Bitcoin ATM in Hong Kong charge?
CoinHero's own FAQ lists 13% plus a HK$100 fixed fee to buy BTC or ETH, and 13% plus HK$25 to sell. Localcoin quotes 5% to 8%. A HK$90 + 6.9% figure attributed to CoinUnit could not be confirmed on its site. On a HK$2,000 purchase at CoinHero, you lose about HK$360 before the coins reach your wallet.
Can I sell Bitcoin for cash at an ATM in Hong Kong?
Only at a handful of machines. CoinHero lists just 8 buy-and-sell units out of about 100: Causeway Bay, Kwun Tong, Mong Kok, Tsim Sha Tsui (two), Sheung Shui, Tuen Mun and Yuen Long. The Hang Hau machine is now buy-only. Some CoinUnit and HK Bitcoin ATM machines also pay out. Localcoin states its machines are buy-only.
Is there a USDT ATM in Hong Kong?
Localcoin lists USDT among the coins its machines sell, and one CoinHero listing in Mong Kok advertises USDT and USDC purchases. Since the Stablecoins Ordinance took effect on 1 August 2025, the government has said unlicensed shops cannot offer specified stablecoins to the public, so USDT availability at machines may change without notice.
Do I need ID to use a Bitcoin ATM in Hong Kong?
For small amounts, usually only a phone number for an SMS code. CoinHero lets unregistered users trade up to HK$100,000 per transaction; above that you register with a mobile OTP, HKID or passport, a selfie and a fingerprint. Rules differ by operator and can tighten once the new dealer licence starts.
Are Bitcoin ATMs legal in Hong Kong?
They operate legally but are not specifically licensed. No regulator currently licenses cash-for-crypto machines, and a Money Service Operator licence covers fiat money changing, not crypto. The government plans an SFC dealer licence that will cover ATM networks, with no transition period, so the market could shrink when it starts.
How do Bitcoin ATM scams work in Hong Kong?
The machine is rarely the trick; the caller is. A scammer posing as police, a bank or a romantic partner tells you to feed cash into a machine and scan their QR code. Once the coins are sent, they cannot be reversed. Never scan a wallet address someone else gave you, and call 18222 (Anti-Scam Helpline) if in doubt.
Sources & further reading
- FSTB & SFC — Legislative proposals to regulate dealing in virtual assets (consultation) · 27 Jun 2025
- FSTB — Paper to LegCo Financial Affairs Panel on VA dealing and custody bill · 1 Jun 2026
- LCQ10 — Stablecoins and virtual asset OTC shops · 10 Sep 2025
- Customs and Excise Department — Money Service Operators · accessed Sep 2026
- CoinHero — FAQ (fees, limits, registration) · accessed 30 Sep 2026
- CoinHero — ATM locations · accessed 30 Sep 2026
- CoinUnit — Hong Kong Bitcoin ATMs · accessed 30 Sep 2026
- Localcoin — Bitcoin ATM Hong Kong · accessed 30 Sep 2026
- Cointelegraph via TradingView — Bitcoin Depot enters Hong Kong (quotes Coin ATM Radar) · 12 Nov 2025
- Forkast — Bitcoin ATMs face existential threat in Hong Kong · 8 Apr 2022
Skip the 13% machine fee
A card purchase on an online platform usually costs a fraction of an ATM spread, and you do not need a stack of HK$500 notes.
Operating since 2013 · Card & Apple Pay · Registered in the US, Gibraltar and Spain · Why this pick?