- Type
- Bitcoin ATM network (formerly CoinUnited, founded 2018)
- Machines
- 77 (24 Island, 33 Kowloon, 20 NT)
- Fees
- Not published; shown on the ATM screen only
- Selling
- Not at machines; via an online request form
- Notes
- HK$500 and HK$1,000 only; HK$500 minimum
- Coins
- BTC, ETH (ERC-20), DOGE, LTC, TRX (TRC-20)
- Licence
- Not SFC-licensed
Lots of machines, open all night, but you only learn the fee at the screen
CoinUnit’s 77 machines cover a lot of ground, especially in the Western, Southern and Eastern districts of the Island, and most are open 24 hours. It loses points because fees are unpublished, the machines only buy, they take only large notes, and there is no published ID threshold.
Most people looking up “coinunit bitcoin atm” have seen one in the laundromat downstairs. CoinUnit (coinunit.io, formerly CoinUnited) is a Hong Kong operator founded in 2018 that runs General Bytes machines. Most of its 77 units sit in 24-hour self-service laundries run by chains such as WASHours, LaundrYup, Sunshine 24, 365 Laundry and C+ Laundry, with others in malls, serviced-apartment lobbies and the Star Ferry pier.
Everything here comes from CoinUnit’s website and machine feed (last published 25 September 2026, read on 6 October). A listed machine is not proof it is working today, and we did not test any in person.
CoinUnit’s 77 machines
After removing duplicates from CoinUnit’s machine feed we count 77 Hong Kong machines: 24 on Hong Kong Island, 33 in Kowloon and 20 in the New Territories. Compared with COINHERO, it is especially dense in the west and south of the Island, with seven machines across Kennedy Town, Sai Ying Pun, Shek Tong Tsui, Aberdeen and Ap Lei Chau, but thinner in the NT. These are its busiest districts:
A selection of representative sites, including the few that are not in laundromats:
The list moves quickly. Compared with the 30 September version, sites at Fook Sing Court (Sheung Wan), 198A Tong Mi Road (Mong Kok), Ka Wing Building on Fuk Wing Street (Sham Shui Po), 3 Tsing Wu Square (Tuen Mun) and 263 Temple Street (Jordan) have gone. New ones include the two Dash Living sites, Dragon Centre, One Kai Tak (II), Shek Kip Mei, San Kin Street in Sheung Shui and Flora Plaza in Fanling. Check the site again before you head out.
Using an ATM in a laundromat
Putting a machine in a 24-hour laundry means it is open all night and often right below your building. It also means nobody is usually on duty. Feeding a few thousand dollars into a machine alone at midnight, with strangers nearby, puts your privacy and safety in your own hands. Mall machines (K11 Art Mall, China Hong Kong City, Dragon Centre, The Forest, TBG Mall in Kowloon Bay) keep shorter hours but have footfall and security, which suits a first-timer better. For the Dash Living lobbies, check whether non-residents can get in.
The list also says nothing about machine status. It shows that a site exists, not that the machine works or has room for more notes. If a machine fails mid-transaction, note the time, the site name and your receipt, and contact the operator straight away.
Fees, banknotes and ID checks
CoinUnit’s biggest weakness is fee transparency. Its FAQ says only that fees may be “adjusted at any time” and that the exact fee appears on the ATM screen. A search result once quoted “HK$90 + 6.9%”, but we found that figure on no CoinUnit page, so we do not treat it as fact. For reference, COINHERO publishes 13% plus HK$100 for unregistered users, and Localcoin’s machine data shows 13.5% plus HK$23. CoinUnit is not necessarily cheaper; you have to compare on the screen.
CoinUnit takes HK$500 and HK$1,000 notes only, with a HK$500 minimum per transaction. It does not publish the amount at which identity checks kick in, so contact the operator before any large purchase, and never split a trade to avoid checks. Coins are BTC, ETH (ERC-20), DOGE, LTC and TRX (TRC-20). There is no USDT.
A practical example: a university student in Aberdeen wants to try HK$1,000 of Bitcoin. Her nearest machine is in a laundry on Aberdeen Main Road. She needs a single HK$1,000 note, then reads on screen how much Bitcoin she will get after fees, and only inserts the note if the number looks fair. If all she has is hundred-dollar notes, CoinUnit is no use. If she plans to keep buying monthly, a licensed platform funded by FPS will be far cheaper.
How to sell crypto through CoinUnit
Every CoinUnit machine is buy-only. Late-September research claimed the Central Pier 7 machine was two-way, but the current feed does not support that, and the site routes all selling through an online “Submit a request” form. The FAQ does not set out what happens after you submit, how the rate is set or how you are paid, so ask for the quote, settlement time and payout method before sending any coins, and keep every record.
If you need cash from a machine on the spot, only COINHERO’s eight two-way ATMs can do it. If a bank transfer is fine, selling on a licensed platform and withdrawing HKD by FPS is cheaper and leaves a better trail. Compare routes in our cash-out guide.
Whichever way you sell, keep records of what you bought and sold. Hong Kong has no capital gains tax and long-term individual holders are generally not taxed on gains, but frequent, organised trading can be treated as a business and charged profits tax. ATM receipts and transaction hashes are your evidence; see our crypto tax guide.
Using a CoinUnit ATM, step by step
- Check the site is still listed
The list changes month to month; check the website before you go. Mall machines follow mall hours.
- Bring the right notes and a wallet
HK$500 or HK$1,000 notes only. Open a receiving QR code in your own wallet and check the network (ERC-20 for ETH, TRC-20 for TRX).
- Read the fee first
After you pick a coin, the screen shows the price and fee. If it is too high, cancel before inserting cash.
- Scan and insert
Scan your own wallet QR code, check the address, then insert your notes.
- Keep the receipt
Confirm, keep the receipt and check that the coins arrive in your wallet.
Licence status and risks
CoinUnit is not licensed by the Securities and Futures Commission (SFC). Hong Kong has no dedicated Bitcoin ATM licence and no government order has removed machines. Back in 2022, CoinUnited’s chief executive said publicly that he feared retail licensing restrictions; they never reached ATMs.
The consultation conclusions of 24 December 2025 change the outlook. The SFC is to license virtual-asset dealing, including crypto-for-cash exchange through physical locations, which is expected to cover ATM networks, with HK$5 million in paid-up capital proposed and no transition period. As of 6 October 2026 the bill had not been introduced to LegCo. When it takes effect, CoinUnit will need a licence on day one or its machines will have to stop.
CoinUnit vs COINHERO
CoinUnit
- Strongest in western and southern Island
- Fee shown only on screen
- Machines cannot sell; online request instead
- HK$500 / 1,000 notes only
- BTC, ETH, DOGE, LTC, TRX
COINHERO
- More machines in Kowloon and the NT
- Publishes 13% + HK$100; members 6.5%
- 8 machines buy back for cash
- Takes HK$100, 500 and 1,000
- BTC, ETH, BCH, DOGE, XAUt
If you live in Kennedy Town, Aberdeen or Quarry Bay, a CoinUnit machine is probably your nearest. If you want to sell, or to know the fee in advance, COINHERO is the better fit. See our COINHERO review.
CoinUnit pros, cons and who it suits
Pros
- 77 machines, best coverage in the western and southern Island
- Most machines open 24 hours
- LTC and TRX, which few other ATMs offer
- Central Pier 7 machine usable without paying a fare
Cons
- Fees not published; only shown on screen
- Machines cannot sell
- HK$500 and HK$1,000 notes only
- No published ID threshold
- Not SFC-licensed; dealer regime has no transition period
Good fit: someone who lives near a machine and occasionally wants a little Bitcoin or Litecoin for cash, and who will read the on-screen fee carefully before paying. Poor fit: anyone who wants to sell, compare costs in advance, or invest regularly.
With a machine that will not tell you its fee in advance, the best move is to read the screen first and only then decide whether to insert cash.
CoinUnit’s reach is real, but its transparency trails its rival. For long-term buying, a licensed platform funded by FPS is far clearer on cost.
Licensed alternatives: HashKey Exchange and OSL take FPS deposits; see the full SFC-licensed platforms list. Check any licence on the SFC register.
Frequently asked questions
What does a CoinUnit Bitcoin ATM charge?
CoinUnit does not publish a fixed fee. Its FAQ says fees may be “adjusted at any time” and that the exact fee is shown on the ATM screen. A “HK$90 + 6.9%” figure circulating online does not appear on any CoinUnit page, so treat it as unverified. Read the on-screen price before you insert any notes.
Can I sell Bitcoin at a CoinUnit ATM?
Not at the machine. As of 6 October 2026 none of CoinUnit’s Hong Kong machines is flagged as two-way; selling is handled through an online “Submit a request” form. If you need cash from an ATM on the spot, only COINHERO’s eight two-way machines do that. See our COINHERO review.
Which banknotes do CoinUnit ATMs accept?
Only HK$500 and HK$1,000 notes, with a HK$500 minimum per transaction. Unlike COINHERO, CoinUnit machines do not take HK$100 notes, so if all you have is hundreds, you cannot use them.
Which coins can I buy at CoinUnit?
Bitcoin (BTC), Ether (ETH, on the ERC-20 network), Dogecoin (DOGE), Litecoin (LTC) and TRON (TRX, on TRC-20), according to CoinUnit’s site. There is no USDT. Check that your wallet address supports the right network before you buy.
Where are CoinUnit ATMs in Hong Kong?
CoinUnit lists 77 machines in Hong Kong (data last published 25 September 2026): 24 on Hong Kong Island, 33 in Kowloon and 20 in the New Territories. Most are inside 24-hour self-service laundromats, with a few in malls, serviced-apartment lobbies and the Central Star Ferry pier. See our Bitcoin ATM map.
Sources
- CoinUnit FAQ (fees, notes, coins) · Checked 6 Oct 2026
- CoinUnit Hong Kong Bitcoin ATM locations · Checked 6 Oct 2026
- CoinUnit sell request form · Checked 6 Oct 2026
- FSTB/SFC consultation conclusions on VA dealing and custody · 24 Dec 2025
Ready for your first coin?
Sign-up and the ID check take a few minutes. Then buy Bitcoin, Ether or USDT with Visa, Mastercard or Apple Pay.
It is not licensed by Hong Kong’s SFC, so local investor protection does not apply. For HKD and FPS deposits, use a licensed platform.