Illinois crypto ATM operators, compared

Every significant operator, by Illinois machine count

Illinois carries roughly 1,008 crypto kiosks across around 319 municipalities, operated by about 22 companies. Ten of them account for the large majority.

Published rates compared

This is the section worth reading carefully, because the spread between networks on an identical transaction is much larger than most people assume.

The Chicago connection

Two of the three largest kiosk operators in Illinois are headquartered in Chicago, which is a genuinely unusual concentration and part of why the state's coverage is as dense as it is.

CoinFlip runs the largest network in the state at around 223 machines and operates nationally from a Chicago base. It publishes buy and sell rates, which not every operator does.

RockItCoin is also Chicago-headquartered, with around 156 machines in Illinois and a national fleet in the low thousands. It operates a large number of two-way machines that both sell and buy back.

This is not a coincidence. Chicago's trading infrastructure — the CME Group's regulated bitcoin futures since 2017, Cumberland's market-making operation inside DRW since 2014, Jump Crypto — created a local pool of people who understood both the technology and the compliance. The kiosk networks grew out of the same soil. Our Chicago crypto scene guide covers that history.

The Bitcoin Depot collapse, and what it teaches

Until May 2026, Bitcoin Depot was the largest crypto kiosk operator in the United States and the single largest presence in Chicago, with more than fifty machines in the city.

On 18 May 2026 the Atlanta-based company filed for Chapter 11 bankruptcy and deactivated its entire fleet of roughly 9,000 machines across 47 states. The circumstances were cumulative rather than sudden:

• Revenue fell nearly 49% year over year.
• A $12.2 million profit became a $9.5 million loss.
• Connecticut suspended its money transmission licence, prompting a leadership change in March 2026.
• Hackers breached its IT systems and stole $3.7 million from company wallets in April 2026.
• The stock fell roughly 80% on the bankruptcy announcement.

The company publicly blamed regulatory pressure, singling out California's $1,000 daily kiosk cap.

Choosing between operators

If you have decided a kiosk is the right route for a particular transaction, four things separate a good choice from a bad one.

What Illinois requires of every operator

Since August 2025, the Digital Asset Kiosk Act binds every kiosk operating in the state, regardless of who runs it or where they are based.

• Register with IDFPR and report the physical location of every machine.
• Meet surety bond and tangible net worth requirements.
• Cap charges at the greater of $5 or 18% of the transaction value.
• Enforce daily limits of $2,500 for new customers and $10,500 for established ones.
• Display fees and terms before each transaction is confirmed.
• Maintain written anti-fraud policies and run blockchain analytics against flagged wallets.
• Provide live customer service during kiosk operating hours.
• Designate a compliance officer and a consumer protection officer.
• Refund defrauded new customers on up to three transactions from their first week or first three uses.

A machine that does not comply — quoting above the cap, failing to disclose, or refusing to engage with a refund claim — can be reported to the Illinois Department of Financial and Professional Regulation, which maintains the operator register and holds enforcement authority. Our Kiosk Act guide covers each provision.