Robocoin Offering 0 Percent Operator Fees With 'Lifetime' License
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....
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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,....
Robocoin's Sam Glaser Addresses Concerns About Robocoin ATMs. Recently I was contacted by a disappointed Robocoin ATM user. His experience with the ATM was not good: He felt the fee's were too high. I and others had voiced concerns over security and ease of use as well. In response, Sam Glaser of Robocoin contacted me after reading my article and has answered some questions for me. He let me know his concern about the misconceptions surrounding how and why the Robocoin ATM needs the info and security measures it does. Sam addresses the fee structure as well. With Robocoin ATMs being....
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....
Robocoin's comments have been added. A former Robocoin operator in the UK has 'hacked' its bitcoin ATM machines to run on software from rival manufacturer Lamassu. The operator, SatoshiPoint, has installed a system that runs on Lamassu software, bypassing the original Robocoin system. The machine can still buy bitcoin but it has lost its ability to sell bitcoin and dispense fiat currency. SatoshiPoint's four Robocoin machines were remotely disabled by the manufacturer on 7th November after it refused to use the company's updated operating system. The new operating system requires ATM....
Courtesy: blog.robocoinkiosk.com. We've been talking quite a bit about the Robocoin bitcoin ATM in a downtown Vancouver cafe. In one day, the ATM saw about $10,000 in transactions - that is, people buying and selling bitcoin. Fast-forward a bit over a week later and you get an equally as impressive number. In the first 8 days of operation, the Robocoin ATM has done about $100,000 in buys and sells, according to a Washington Post report. Eighty percent of the transactions on the Robocoin machine were buys, twenty percent were sells (obviously). Waves Coffee, the cafe in which the first....