Robocoin Bitcoin ATM in Vancouver Does $1 Million in 1 Month
Courtesy: blog.robocoinkiosk.com. The last update brought to you by newsBTC on the topic of the Robocoin ATM (the first Bitcoin ATM out in the wild) was that the machine had done $100,000 in transactions in the matter of 8 days. The case now, as one would expect, is different. Reports indicate the Robocoin ATM in downtown Vancouver (at the Waves Coffee House) has processed a whopping $1 million CAD in transactions in 29 days. That amounts to about 1500 buy/sell transactions, in total. The ATM has received a fair bit of attention, particularly by the media for making it incredibly simple to....
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Courtesy: @Robocoin, Twitter. Last week I posted about the fact that the Robocoin ATM would be entering service out in the field for the first time in Vancouver. The day has come, and the first Robocoin ATM is now operating inside of a coffee shop. The ATM allows users to transact up to $2,000 USD per day and convert it to Bitcoin and vice-versa. It's an interesting concept, but the true test here will be just how well the machine fares in the future. Will it get much use? Will it often get mistaken for a cash machine? Robocoin has apparently sold more than one, so it's only a matter of....
Courtesy: blog.robocoinkiosk.com. We've talked extensively about Las Vegas-based bitcoin ATM manufacturer Robocoin. The company came to light following the shipment of an ATM to a downtown Vancouver coffee shop. The company is now venturing to new frontiers. Shipments this month are expected to hit Hong Kong and Taiwan - although exact locations are unknown. "Bitcoin demand in Asia is amazing," says Jordan Kelley, Robocoin's CEO. "We have many Asian countries seeking to enhance consumer capability to buy and sell bitcoin securely and safely." But if you thought the far east is where....
Courtesy: blog.robocoinkiosk.com. We've heard a fair amount of news from Las Vegas-based Robocoin. The company late last year installed the first bitcoin ATM in a downtown Vancouver coffee shop. But they're ready to expand their horizons. The company said on Tuesday they have plans to bring their kiosk to the United States, with machines expected to hit Austin, Texas and Seattle, Washington sometime later this month - making them among the first in the nation. It is unclear where the kiosks will be installed, exactly, but they're sure to make a splash when they do arrive. The....
When they said that Canada is becoming the place for bitcoin-centric activity, they weren't lying. Amid the slew of bitcoin ATMs (made be several manufacturers) in the country comes another, a Robocoin ATM installed in the country's western coast in Vancouver, according to this post on Reddit. The announcement came from an unnamed representative of the the ATM's operator Thursday evening: "I know this may not be as exciting as the Dish Network acceptance or possibly the acceptance from Ebay and PayPal, but here is one more 2-way Bitcoin ATM for the Vancouver area!" The device is located at....
Las Vegas-based startup Robocoin has partnered with Canadian company Bitcoiniacs to launch the first bitcoin-based ATM in Vancouver. Speaking from the launch at Waves Coffee House, where the ATM is located, Robocoin CEO Jordan Kelley said: "It's been a crazy day. I can't even tell you how incredible it is. There's a line in front of the machine right now." Kelley's goal for Robocoin's ATMs is to get bitcoin usage to the masses. "Robocoin has the first bidirectional bitcoin ATM. That means it gives customers the easiest way to buy and sell bitcoins. Signing up for accounts on exchanges is....