Robocoin Offers Bitcoin ATM Operators 0% Fees for Life
Las Vegas-based bitcoin ATM manufacturer Robocoin has announced it is lowering its operator fees to 0% as part of a new offer aimed at making its machine owners more competitive on the global marketplace. Robocoin had previously taken 34% of the transaction fees set by its operators on its bitcoin ATMs, meaning if an operator set fees at 3%, Robocoin would net 1% of those earnings. As part of the new offering, operators can pay $10,000 for a lifetime license that allows them to bypass fees for life. The $10,000 cost is an introductory price that will run through 30th April. Alternatively,....
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If you were thinking about becoming the operator of a bitcoin ATM, listen up. This evening, Robocoin CEO Jordan Kelley announced that his company will be offering Robocoin ATM operators the ability to register for a 'lifetime' license, to avoid paying fees to the company moving forward. Currently, Robocoin ATM operators are setting their own transaction fees and the Las Vegas-based company takes a 34 percent cut of whatever fee charged by the operator. Under the new model, Robocoin will take a 1 percent cut. Current operators will be auto-enrolled beginning on the first of April. For the....
Robocoin Bitcoin ATM operators now have a new attractive alternative to abiding by Robocoin's new compliance standards. In response to Robocoin's move to enforce AML/KYC compliance for all of its ATM operators (even non-American ones), some Bitcoin enthusiasts have banded together to port Lamassu's open source Bitcoin ATM software to run on Robocoin's hardware. Currently, the Lamassu Robocoin ATMs only have buy functionality; however, both sell and optional AML/KYC features are also in the works. Also read: Bitcoin ATM Disappointment and the Huge Bank-like Fees for Using Them. New....
Bitcoin ATM pioneer Robocoin has launched a new campaign to get its machines installed around the world: offering a $10,000 bitcoin incentive to promoters who sign up. The 'Robocoin Ambassador Program' offers participants 25% of a machine's fee revenue until the amount reaches $10,000. To earn that $10,000 an Ambassador needs to find potential Robocoin operators, guide them through the purchase process and then actively promote machines ones they're installed. #Ambassadors! Come one, come all! For every RoboCoin ATM you sell, we'll give you $10,000 in Bitcoin! - Robocoin (@robocoin)....
The folks over at Robocoin, have launched a new Ambassador Program. They are known for the bitcoin ATM, unveiled in a downtown Vancouver coffee shop late last year. Their Ambassador Program, offers up $10,000 for anyone who can close a deal to get their bitcoin ATM purchased by a potential operator. As put by Robocoin: You aren't just a Robocoin Ambassador, but you're an ambassador for bitcoin. Your job is to source incredible operators, teach them about Robocoin and help close the deal. Robocoin says that the full $10,000 will be paid in bitcoin (about 12 BTC) as 25 percent of its fee....
A vocal minority of operators are taking a stand against major bitcoin ATM manufacturer Robocoin over its decision to cut ties with any business partners that refuse to upgrade to its new proprietary wallet platform. At press time, the operators of eight machines have confirmed to CoinDesk that their Robocoin bitcoin ATM units had gone offline over the issue. Robocoin has some 45 machines in operation globally, according to the CoinDesk Bitcoin ATM Map. The operators of these eight machines have refused to upgrade to the company's Robocoin 2.0 platform, which will require them to collect....