Bitcoin ATMs Launching This Month in the US

Bitcoin ATMs Launching This Month in the US

Get ready America! After a successful pilot launch in Vancouver last year, Robocoin, maker of the Bitcoin ATM, is launching this month in the US cities of Seattle and Austin. At about $19,000 per machine, they differ a little from regular ATMs because they have additional security measures like a scanner for a passport or driver’s license to identify users.

At the Vancouver location, nestled in a café sits an automated Bitcoin ATM; although sometimes a representative is present to help users that have issues. During the machine’s first month at the café, it processed over $900,000 in transactions. (I’m curious to see how much it processes Seattle, but especially Austin, since I’m from Texas!)

In the coming weeks, Robocoin plans to launch their Bitcoin ATMs in Asia while Bitcoiniacs plans to launch ATMs in London and Singapore.

With hackers continuing to target bitcoins, do you think this will cause more cyber security issues as the ATMs become a familiar site in other cities? Or, do you think the more machines that are out there give professionals the means in which to track and put a stop to cyber criminals’ activities?

About the Author

Ginger Hill is Group Social Media Manager.

Featured

New Products

  • FEP GameChanger

    FEP GameChanger

    Paige Datacom Solutions Introduces Important and Innovative Cabling Products GameChanger Cable, a proven and patented solution that significantly exceeds the reach of traditional category cable will now have a FEP/FEP construction.

  • PE80 Series

    PE80 Series by SARGENT / ED4000/PED5000 Series by Corbin Russwin

    ASSA ABLOY, a global leader in access solutions, has announced the launch of two next generation exit devices from long-standing leaders in the premium exit device market: the PE80 Series by SARGENT and the PED4000/PED5000 Series by Corbin Russwin. These new exit devices boast industry-first features that are specifically designed to provide enhanced safety, security and convenience, setting new standards for exit solutions. The SARGENT PE80 and Corbin Russwin PED4000/PED5000 Series exit devices are engineered to meet the ever-evolving needs of modern buildings. Featuring the high strength, security and durability that ASSA ABLOY is known for, the new exit devices deliver several innovative, industry-first features in addition to elegant design finishes for every opening.

  • Connect ONE’s powerful cloud-hosted management platform provides the means to tailor lockdowns and emergency mass notifications throughout a facility – while simultaneously alerting occupants to hazards or next steps, like evacuation.

    Connect ONE®

    Connect ONE’s powerful cloud-hosted management platform provides the means to tailor lockdowns and emergency mass notifications throughout a facility – while simultaneously alerting occupants to hazards or next steps, like evacuation.