Frequently Asked Questions

What is BitBeirut?

BitBeirut is the leading Bitcoin ATM provider in Lebanon with excellent customer support and low fees.

Why should I trust BitBeirut?

BitBeirut Bitcoin ATMs use the latest blockchain technology and connect customers with international crypto wallets and exchange companies including but not limited to Binance, Kraken and others. Bitcoin ATMs do not hold or store assets for customers.  Transactions done through the ATM are secure, safe and the cryptocurrency that is purchased is directly sent to customer’s wallet.  

What services does BitBeirut offer?

We currently offer buying Bitcoin and other cryptocurrencies directly at ATMs using cash (US Dollars).

How do I contact BitBeirut?

BitBeirut can be reached through our email address at [email protected] or by calling +96181858532.

What is a BitBeirut Bitcoin ATM?

BitBeirut Bitcoin ATMs are physical machines located in businesses that allow you to buy bitcoin and other cryptocurrencies with cash.

What coins can I buy or sell at BitBeirut Bitcoin ATM?

BitBeirut Bitcoin ATM currently offer Bitcoin (BTC) and Tether (USDT). Our BTMs will soon be offering stable coins such as Ethereum (ETH) and other Altcoins.

What are the fees?

BitBeirut Bitcoin ATMs have low fees. For BTC, we charge 5.5% over the spot price. Other Bitcoin ATM operators charge higher fees ranging from 7% up to 15%. For USDT, fees can be as low as 1% over the spot price depending on the size of the transaction.

What Wallets are compatible with BitBeirut ATMs? 

All wallets are compatible for BTC deposit. You can use BTC Segwit network or BTC network for a deposit address. 
For USDT and to benefit from low transaction fees, a Binance ERC20 wallet deposit address is required. 

How long does it take to receive my Bitcoin?

After pressing “Buy Now” at the ATM, most transactions are sent within 3 minutes.

Do I need to register to buy Bitcoin at your ATM?

Registration is necessary depending on how much crypto you’re looking to buy or sell. For amounts up to $100 USD, no registration is needed. For amounts between $100 and $250 additional information will be needed including your cell phone number and first/last name. For amounts higher than $250, registration is required. The machine will ask you to put your ID up to the camera, and then to take a selfie in front of the camera. Once registered, you will not have to register again. 

Can I host a BitBeirut ATM in my business?

BitBeirut is always looking to expand our network of ATMs. You can earn passive income and more foot traffic by hosting a BitBeirut ATM! Contact us to learn more.