Loading Cash2Bitcoin locations...

BitcoinATM.news

Cash2Bitcoin

Dearborn-based Bitcoin ATM network — Genmega hardware across 30 states with buy & sell support

Genmega Hardware Buy & Sell Est. 2016
631
Locations
30
States
Varies
Avg Fee
Report Fee
A
Excellent Trust Rating
FinCEN Registered MSB
Licensed in 12 States
Nationwide Coverage

About Cash2Bitcoin

Cash2Bitcoin is a Dearborn, Michigan-based Bitcoin ATM operator founded in 2016 by CEO Ayman Rida. The company operates under the legal entity Digital Access, LLC and also uses the brand names CedarBTM, 247 Bitcoin ATM Nearby, and 247 Bitcoin Near ME. With approximately 630 ATMs across 30 states, Cash2Bitcoin has built a mid-sized national network focused on convenience store and gas station placements.

Cash2Bitcoin operates on Genmega hardware, specifically the Gemini ATM terminal, and supports both buying and selling Bitcoin, Litecoin, and Ethereum. The company offers a mobile wallet app and a daily purchase limit of up to $50,000 for verified users.

Visit cash2bitcoin.com for more information.

ATM Hardware
General Bytes BATMThree / BATMTwo
3.5
Two-Way1,200 bills
General Bytes GMKit Genmega Universal Kiosk
3.5
Two-Way1,500 bills

Genmega Hardware

Gemini ATM terminals

Buy & Sell

Two-way transactions

Multi-Crypto

BTC, LTC, ETH

30 States

National coverage

Compliance & Licensing
FinCEN MSB Registration
31000266225114
State Licenses
MI, AL, FL, TX, GA +7 more
Last Verified
2026-02-10
Regulatory Record
3 NMLS Actions
3 Reg. Actions
0 Litigations

High regulatory risk - review details before transacting

Litigation Notice

Cash2Bitcoin (Digital Access, LLC) has three resolved consent orders for unlicensed money transmission: Alabama (2022, $13,500 penalty), Connecticut (2025, $10,000 penalty + $49,400 restitution), and Minnesota (2025, $6,635 penalty — company exited the state). All matters are resolved. No fraud or consumer harm allegations.

Trust Factors
Overall Grade: A
NMLS Adverse Actions -30
Years Operating +10
Editor's Assessment Repeat licensing violations, cooperative resolution
A

Cash2Bitcoin (Digital Access, LLC) has accumulated three consent orders in three different states — Alabama (2022), Connecticut (2025), and Minnesota (2025) — all for the same violation: operating Bitcoin ATMs without required money transmission licenses. The pattern is notable: the company entered each state, began transacting, then applied for licensure after the fact. In Minnesota, Cash2Bitcoin chose to exit the state entirely rather than obtain a license. The mitigating factor is that all three matters were resolved cooperatively, with relatively modest penalties totaling ~$79,500 combined, and no allegations of fraud or consumer harm beyond the licensing violations themselves. The Connecticut order specifically notes that Cash2Bitcoin successfully blocked two scam transactions during the period in question. The A rating reflects that all actions are resolved and the violations are regulatory (unlicensed operation) rather than consumer harm, but the repeat pattern across multiple states is a concern.

Hardware Rating
3.5
Good
Build Quality
3.5
Security
3.5
Two-Way
4.0
Upgradability
3.5
Aesthetic
3.0
Serviceability
3.5
Models Used
General Bytes BATMThree 3.5
General Bytes GMKit Genmega Universal Kiosk 3.6
Compare all hardware →

Customer Reviews

--
No reviews yet
Loading reviews...

Cash2Bitcoin: Complete Overview

Source: bitcoinatm.news Trust Score System — Updated March 2026

Trust Rating

Grade: A (80/100 points). Repeat licensing violations, cooperative resolution

Cash2Bitcoin (Digital Access, LLC) has accumulated three consent orders in three different states — Alabama (2022), Connecticut (2025), and Minnesota (2025) — all for the same violation: operating Bitcoin ATMs without required money transmission licenses. The pattern is notable: the company entered each state, began transacting, then applied for licensure after the fact. In Minnesota, Cash2Bitcoin chose to exit the state entirely rather than obtain a license. The mitigating factor is that all three matters were resolved cooperatively, with relatively modest penalties totaling ~$79,500 combined, and no allegations of fraud or consumer harm beyond the licensing violations themselves. The Connecticut order specifically notes that Cash2Bitcoin successfully blocked two scam transactions during the period in question. The A rating reflects that all actions are resolved and the violations are regulatory (unlicensed operation) rather than consumer harm, but the repeat pattern across multiple states is a concern.

Fees

Fee data not yet available.

Key Facts

  • Founded: Unknown
  • Locations: 631 across 30 states
  • Transaction types: Buy only
  • Phone: 1-888-897-9792
  • Email: support@cash2bitcoin.com

Enforcement & Regulatory History

Consent Order (CO-2022-0018) for unlicensed money transmission in Alabama. Digital Access operated ATMs from August 2021 through January 2022 without a license, processing $272,744 in transactions and earning $13,637 in commissions. Paid $12,000 administrative assessment plus $1,500 investigation costs. License application allowed to continue. (resolved); Consent Order for unlicensed money transmission in Connecticut since at least 2024. Two consumer complaints resulted in virtual currency being transmitted to third parties. Digital Access argues complainants circumvented safeguards and notes it blocked two additional scam attempts. Paid $10,000 civil penalty plus restitution to two consumers. License application not adversely affected. (resolved); Consent Order for unlicensed money transmission in Minnesota in violation of Minn. Stat. § 53B.36. Cash2Bitcoin voluntarily removed all kiosks from Minnesota and does not intend to return. Paid $6,500 civil penalty plus $135 investigative costs. (resolved).

Are you the operator of Cash2Bitcoin? Update your listing information, add promotions, or become a featured partner.

Contact us at operators@bitcoinatm.news

Report Fee for Cash2Bitcoin

Help other users by reporting the fee you observed at a Cash2Bitcoin location. Your report contributes to our community-driven fee database.

Your IP address will be logged to prevent spam. Email is optional and only used if we need to verify your report.

How Trust Ratings Work

Overview

Each operator starts with a base score of 100 points. Points are deducted for regulatory issues, legal problems, and consumer complaints. Bonuses are added for years of operation and clean compliance records.

Deductions

  • Cease & Desist Order (pending)-30 pts
  • Ponzi Scheme / Fraud Allegations-40 pts
  • Pending Litigation (each)-15 pts
  • Consumer Fraud Complaint (each)-10 pts
  • NMLS Adverse Action (each)-10 pts
  • Danger-Level Warning-25 pts

Bonuses

  • Years Operating (+2/year, max 10)+10 pts max
  • Clean Compliance Record+5 pts

Grade Thresholds

A+
90-100
A
80-89
B
70-79
C
60-69
D
50-59
F
0-49

Trust ratings are based on publicly available regulatory records, legal filings, and consumer complaints. Ratings are updated as new information becomes available.