Robocoin Machine Heats Up Competition Between London's Bitcoin ATMs

Robocoin Machine Heats Up Competition Between London's Bitcoin ATMs

A two-way Robocoin bitcoin ATM has just landed on the shores of England, thanks to the efforts of Global Bitcoin ATM, a UK-based company. Located at Worldwide Connection, an Internet cafe in Holborn, central London, it is the first Robocoin machine in Europe and the first two-way ATM in the UK capital. Getting it here wasn't the easiest process, though, says Global Bitcoin ATM's co-founder Jean Paul. It took the company over four months to order, receive and ship the machine across the pond. Said Paul: "We thought it was a great business idea. We wondered, 'Is anyone is doing that? No....


Related News

First UK Bitcoin ATMs Reportedly Hitting London in February

No more shall the United Kingdom exist without the presence of a bitcoin ATM. A new report indicates that two startups are racing to bring a bitcoin kiosk to the country by next month. One of these start-ups is aptly named Global Bitcoin ATM Ltd. With the goal to install five machines monthly, the company looks to install its first Robocoin machine on a high street in Central London. The second company is SatoshiPoint, who hopes install two Robocoin bitcoin ATMs in London in March. The planned locations are Oxford Street and Notting Hill. For now, users in London (and on a larger scale,....

Robocoin Brings Four Bitcoin ATMs to Austin, TX for SXSW, Including a Traveling "Robocoin Rover"

With SXSW 2014 starting this week, Robocoin is gearing up to make four bitcoin ATMs in Austin, Texas accessible for the events. According to the Las Vegas-based company, three of the ATMs are already in place, and the fourth is dubbed the "Robocoin Rover", a Robocoin ATM that is capable of moving from place to place (see picture above). Here are the stationary locations: HandleBar: 121 East 5th Street. Dominican Joe's Coffee Shop: 515 South Congress Avenue. Central Texas Gun Works: 321 West Ben White Boulevard #203. The ATMs at HandleBar and Dominican Joe's are operated by Bitcoin Agents,....

Money-Spinners: Bitcoin ATMs Make Firsts from California to Congress

Take out your smartphones and get those palms warmed up for a scanning, because it's time for CoinDesk's weekly bitcoin ATM roundup. In the world of bitcoin ATMs, there are more first prizes than a kindergarten sports day, as installers claim blue ribbons such as first bitcoin ATM in their region, first two-way bitcoin ATM, first bitcoin ATM open to the public, first permanent unit and so on. Nonetheless, all bitcoin ATM news is good news, as it can be argued that it gets more coins into more hands, and everyone wins in the end. London, UK. We start in CoinDesk's hometown of London this....

Robocoin Wallet Will Leverage Existing Bitcoin ATMs to Expand Bitcoin Network

Today, Robocoin has announced open enrollment for their Robocoin Wallet, which is needed to use the "Robocoin Bank." Robocoin has taken the first step to moving away from being just a Bitcoin ATM company to becoming a full-fledged "Bitcoin Bank." The Robocoin Banking platform, which utilizes all existing Robocoin ATMs as automated kiosks, will provide banking services to customers around the world in the form of a new Bitcoin wallet: The Robocoin Wallet. Robocoin first revealed plans to change their ATMs into a more functional global network to support Bitcoin earlier this year. Those that....

Robocoin Launches $10k Incentive Program to Promote Bitcoin ATMs

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)....