DeFi Market Journal Explains How Bitcoin ATMs Work and the 2026 State Limits

Oct 15, 2026

The guide walks first-time buyers through a kiosk purchase step by step and lists the fee caps and bans now in force across the United States.

Belen, United States, October 15, 2026 /PressCable/ -- BELEN, New Mexico, October 15, 2026: DeFi Market Journal, an independent publication of plain-English guides to DeFi, crypto markets and NFTs, has published a guide explaining how a Bitcoin ATM works, how much a purchase really costs, and which states and cities now limit the machines. The guide arrives as kiosk rules change quickly: Minnesota's statewide ban took effect on August 1, 2026, and Albuquerque's city council approved a ban on September 10, 2026.

The guide, at https://defimarketjournal.com/markets/how-does-a-bitcoin-atm-work.html, takes readers through a purchase in four steps, from opening their own wallet app to feeding in cash, and shows how the fee is usually built into the exchange rate on the screen rather than listed as a separate charge. It includes a state-by-state table of 2026 limits, including the 15% fee caps in California and Iowa and the 18% cap in Illinois. According to Coin ATM Radar, the United States had 30,247 crypto kiosks in March 2026, about 78% of the world total.

The guide also covers the single rule that protects kiosk users. The FBI's Internet Crime Complaint Center received 13,460 complaints about crypto kiosks in 2025, with reported losses of $388,981,267, and the Federal Trade Commission found that most cases began with a caller posing as a bank, a government agency or a business. DeFi Market Journal's guide explains that no bank, government agency or police department ever asks anyone to pay at a Bitcoin ATM, and lists where to report a problem: the kiosk operator, ic3.gov and ReportFraud.ftc.gov.

Robert Stone, publisher of DeFi Market Journal, who lives about 35 miles south of Albuquerque, said that when a city as practical as Albuquerque votes on a product, it is worth explaining that product properly. He said a Bitcoin ATM does exactly what it says, and the guide shows readers how to use one with their own wallet, what they are paying, and the one phone call that should make them walk away.

A 53-second video version of the guide is available at https://youtu.be/THNm34GjGDs. Readers can also sign up at defimarketjournal.com for the Sunday Briefing, a weekly email that comes with a printable one-page checklist for checking a token before buying.

About DeFi Market Journal

DeFi Market Journal publishes plain-English guides and news on decentralized finance, crypto markets and NFTs for everyday readers and for the founders building in the space. It is published from Belen, New Mexico, by Robert Stone, a public relations professional for 18 years and deputy editor at Crypto Magazine. Every article names its sources and carries a not-financial-advice notice. Website: defimarketjournal.com

Contact

Robert Stone, [email protected], defimarketjournal.com, X: @StoneOnChain

Disclaimer: This release is for information only and is not investment, legal or financial advice. Crypto assets carry risk, including total loss.

Contact Info:
Name: Robert Stone
Email: Send Email
Organization: DeFi Market Journal
Address: 400 N Main St PO Box 114, Belen, NM 87002-8801, United States
Website: https://defimarketjournal.com

Source: PressCable

Release ID: 89206345

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Yolanda Hopkins upsets World No. 3 Gabriela Bryan to reach WSL Championship Tour Philippines Pro quarterfinals

MANILA, Philippines — World No. 14 Yolanda Hopkins pulled off a major reversal, knocking out World No. 3 Gabriela Bryan to advance to the quarterfinals of the inaugural World Surf League (WSL) Championship Tour Philippines Pro at the iconic Cloud 9 reef break in Siargao on Saturday. Hopkins came through in Heat 2 of the women's competition, posting a combined score of 10.10 from waves worth 5.27 and 4.83 to eliminate the highly-ranked American and arrange a quarterfinal showdown with World No. 6 Caitlin Simmers in the event presented by the Philippine Sports Commission (PSC), with the support of Surigao del Norte Gov. Robert Lyndon Barbers, General Luna Mayor Johnson Sajulga and Vice Mayor Romina Sajulga. Bryan, finished ninth with a total of 7.00, combining scores of 4.00 and 3.00 to collect 2,000 championship points. The competition unfolded under four- to six-foot waves, giving the world's best surfers challenging conditions to display their skills, while calm winds helped maintain a steady lineup. Also making her way into the quarterfinals was Simmers, who dominated fellow American and World No. 11 Caroline Marks in their opening-round encounter. Simmers posted an impressive 15.17 on a 9.00 and a 6.17. Marks could only managed 9.00 from waves scoring 5.50 and 3.50 and likewise settled for ninth place with 2,000 championship points. Beyond her impressive performance, Simmers expressed her admiration for Cloud 9, describing the famed Siargao break as one of her favorite surfing destinations because of the technical challenges and opportunities it offers. “Honestly, I keep telling people it's one of my favorite waves on the planet because it's just really tight, and you kind of have to do some exciting things in the spaces you get. It's pretty hard to just do your stock-standard couple of turns on it,” said Simmers. The American explained that Cloud 9 demands creativity and precise timing, as its changing sections can force surfers to adjust their approach while looking for opportunities to execute difficult maneuvers. She also singled out the wave's end section as a promising spot for aerial moves, expressing hope that the world's top female surfers would take advantage of the opportunity to showcase their skills. “I think I'm just hoping all the girls do airs because these are the best surfers in the world, best women in the world. And I know every single one of them can do an air on that end section. It's just a matter of timing, really,” she said. Simmers believes the challenging but rewarding nature of Cloud 9 could produce spectacular performances as the competition progresses, particularly with the world's best women surfers battling for a place in the next round. The event is also supported by the Philippine Amusement and Gaming Corporation (PAGCOR), Department of Tourism (DOT), Department of Public Works and Highways (DPWH), Tourism Infrastructure and Enterprise Zone Authority (TIEZA), and NEA/SIARELCO. TMT