Finding a Bitcoin ATM in Sheung Shui is easy: they're bunched together. As of 6 October 2026, COINHERO and CoinUnit list five crypto ATMs across Sheung Shui and Fanling, including COINHERO's branded kiosk on San Kung Street, which buys and sells around the clock. One Satoshi also runs a staffed counter on San Hong Street. These counts come from operator lists rather than site visits, so a listed machine may not be working on any given day.
Sheung Shui and Fanling are the two town centres of the North District, and one more stop up the East Rail line brings you to the Lo Wu and Lok Ma Chau boundary crossings. Much of Sheung Shui's street traffic is cross-boundary shoppers, and weekends get packed. That location means two things deserve more attention here than elsewhere: the rules on declaring cash at the border, and the money-laundering risk of buying crypto for other people. First, though, every location.
Five ATMs and one shop in Sheung Shui and Fanling
Two machines in Sheung Shui, three in Fanling. COINHERO runs three and CoinUnit two; CoinUnit's machines only buy, and selling goes through its online request form.
COINHERO's numbering skips Fanling #2, which suggests a machine there has been removed. A "HK Bitcoin ATM" website that hasn't been updated since 2018 still lists a 24-hour buy-and-sell machine at G/F, 17D Wo Tai Street in Luen Wo Market, Fanling, and older guides mention a "teller" machine inside One Satoshi's Sheung Shui shop, which isn't on One Satoshi's current ATM list. We couldn't verify either, so neither is counted.
San Kung, San Hong and San Kin: the Sheung Shui triangle
Three neighbouring streets in Sheung Shui town centre happen to host three different operators: COINHERO at 14–16 San Kung Street, One Satoshi at 29 San Hong Street and CoinUnit at 14 San Kin Street. All are within walking distance of Sheung Shui station and a few minutes from each other. That's rare in the New Territories. You can compare a machine's quote with a shop's in one short walk, and you have two options if you want to sell.
Fanling's three machines are spread through residential areas. The 365 Laundry on Luen Cheong Street and Water Laundry in Flora Plaza are both 24-hour; the Wah Ming Shopping Centre machine sits inside a Speed Cut hair salon and only runs from 10:00 to 20:00. If you live in Fanling, a local machine is fine for buying, but selling means a trip to Sheung Shui.
Selling: the kiosk or the shop?
Only eight of Hong Kong's roughly 202 listed ATMs buy crypto back, and Sheung Shui has one of them. For people in Tai Po, Fanling or even Sha Tin, it's the nearest sell machine on the East Rail line. One Satoshi's FAQ says its counters also accept crypto sold back for cash.
COINHERO kiosk, San Kung Street
- Open 24 hours, no appointment
- Sell fee 13% + HK$25; members 6.5%
- Above HK$100,000 per trade: HKID or passport, selfie and fingerprint
- Fees published on the operator's site
One Satoshi, San Hong Street
- Mon–Fri 10:30–19:00; weekends and holidays to 18:00
- Quotes given in store; no published fee
- Above HK$120,000: HKID or passport, possibly address proof from the last two months
- Cash only
Neither is cheap, and neither is SFC-licensed. Selling HK$10,000 of Bitcoin at the kiosk unregistered costs HK$1,325. If you already have an account on a licensed platform, selling there and withdrawing HKD to your bank is usually much cheaper, and you don't walk away carrying cash. Compare the routes in our cash-out guide and read our One Satoshi review.
The border and cash: a Sheung Shui question
With Lo Wu and Lok Ma Chau one stop away, "sell crypto in Sheung Shui and carry the cash across" or "bring cash over to buy crypto here" are not unusual scenarios. Hong Kong's rule is simple. Under the Physical Currency and Bearer Negotiable Instruments Ordinance (Cap. 629), in force since 16 July 2018, anyone carrying currency or bearer negotiable instruments worth more than HK$120,000 into or out of Hong Kong must declare it to the Customs and Excise Department. Whether the money came from selling crypto makes no difference.
The most common risk in Sheung Shui isn't a broken machine. It's someone asking you for a favour: buy it for me, receive it for me, carry it for me.
If someone gives you cash to buy coins on San Kung Street and send them on, or asks to use your wallet to receive a payment, you could become a money-laundering middleman. Transactions are traceable under the Anti-Money Laundering and Counter-Terrorist Financing Ordinance (Cap. 615). Use your own money, send coins to your own wallet, and if in doubt, call the 18222 Anti-Scam Helpline first.
The rules that matter for Sheung Shui buyers
- 16 Jul 2018Cap. 629 takes effect
Carrying more than HK$120,000 in currency or bearer instruments across the boundary must be declared.
- 1 Jun 2023Licensing for trading platforms
Running a virtual asset trading platform needs an SFC licence; the transitional period ended on 1 June 2024.
- 1 Aug 2025Stablecoins Ordinance in force
Only permitted offerors may offer specified stablecoins to the public; the government later confirmed shops are not among them.
- 24 Dec 2025Dealing and custody conclusions
OTC dealers, shops included, will need an SFC licence, with no transitional period.
- 6 Oct 2026Bill still not gazetted
Until the new regime starts, Sheung Shui's ATMs and shop are not SFC-regulated.
For the bigger legal picture, see is crypto legal in Hong Kong and our stablecoin rules page; common frauds are on the scams page.
Nearby and online alternatives
Heading south on the East Rail line, Tai Po has five buy-only machines and no shop, and Sha Tin has seven machines and a One Satoshi branch in Shatin Plaza, but no sell machine. To the west, Yuen Long has 11 machines and another 24-hour sell machine. All eight sell machines are on the Bitcoin ATM map, and shops are compared in our crypto shops guide.
For most North District residents, though, the cheapest and best-protected route is still an SFC-licensed platform. There were 13 as of October 2026; HashKey Exchange and OSL among them take HKD by FPS and eDDA. See our list of licensed platforms or check directly on the SFC's website. Visitors and new arrivals have different options, covered in our visitors' guide. Other districts are on the areas map.
Frequently asked questions
Where is there a Bitcoin ATM in Sheung Shui?
COINHERO and CoinUnit lists checked on 6 October 2026 show five crypto ATMs across Sheung Shui and Fanling. Sheung Shui has two: COINHERO's branded kiosk at 14–16 San Kung Street (24 hours, buy and sell) and a CoinUnit machine at 14 San Kin Street. Fanling's three are on Luen Cheong Street, in Wah Ming Shopping Centre and in Flora Plaza. See the Bitcoin ATM map for the whole city.
Can I sell crypto for cash in Sheung Shui?
Yes. COINHERO's Sheung Shui kiosk at G/F, 14–16 San Kung Street is a 24-hour buy-and-sell machine; selling costs 13% plus HK$25, or 6.5% for registered members. It's the only operator-confirmed sell machine on the East Rail line north of Kowloon. One Satoshi's shop at 29 San Hong Street also deals in cash both ways.
Is there a USDT shop in Sheung Shui?
The only walk-in counter we could verify is One Satoshi at Shop A1, 29 San Hong Street, which deals in cash only. Since the Stablecoins Ordinance, the government has said OTC shops are not permitted offerors and cannot offer stablecoins such as USDT to the public. Legal routes are in our USDT guide.
Do I have to declare cash at Lo Wu or Lok Ma Chau?
Yes, above a threshold. Under the Physical Currency and Bearer Negotiable Instruments Ordinance (Cap. 629), currency and bearer negotiable instruments worth more than HK$120,000 carried into or out of Hong Kong must be declared to Customs. It makes no difference that the cash came from selling crypto. Mainland China has its own rules, and we won't help anyone work around either side's.
Can mainland visitors use the Sheung Shui Bitcoin ATM?
The machine doesn't ask about nationality, but trades above HK$100,000 require registration with an HKID or passport. More importantly, buying for someone else, lending your wallet or splitting trades can all fall foul of Hong Kong's anti-money-laundering law. Our visitors' guide covers what works without an HKID.
Sources
- COINHERO ATM locations (Sheung Shui, Fanling #1, #3) · checked 6 Oct 2026
- CoinUnit Hong Kong ATM list · checked 6 Oct 2026
- One Satoshi stores and FAQ · checked 6 Oct 2026
- Physical Currency and Bearer Negotiable Instruments Ordinance (Cap. 629) · in force 16 Jul 2018
- LegCo Question 10: stablecoins and OTC shops · 10 Sep 2025
- FSTB/SFC: consultation conclusions on VA dealing and custody · 24 Dec 2025
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