Bitcoin ATMs Coming to Los Angeles
Starting next week, Los Angeles Bitcoin users will have the ability to buy and sell Bitcoin at the new Robocoin ATMs. With just a scan of their palm, users have the freedom to exchange currencies through ExpressCoin at two Locali Conscious Convenience stores: one in Venice and one in Hollywood. The Robocoin ATMs cost $15,000 to build, and will provide users with a system similar to currency exchange where they can exchange their paper, or fiat, currency. Robocoin currently exchanges 12 different currencies from around the world, including dollars, euros and yen. CCN. Locali owner Melissa....
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Coinsource has added more Bitcoin ATMs across its network on the West Coast. The company has announced a recent installation of 9 Bitcoin ATMs in one shot. The number of Bitcoin ATMs in the ‘City of Angels’ has gone up. Coinsource, the Bitcoin ATM network has announced that it has added seven new Bitcoin ATMs to its network in Los Angeles recently. At the same time, Las Vegas received 2 more of these machines. Even though the number of Bitcoin ATMs is gradually increasing, they are still a rare sight. This makes the installation of seven Bitcoin ATMs in Los Angeles area and two more in Las....
The City of Angeles will be receiving two brand-spanking-new bitcoin ATMs come next week, a Los Angeles Times report says. Manufactured by Las Vegas, Nevada-based Robocoin, these ATMs will be operated by digital currency payments processor ExpressCoin (based out of Santa Monica, California) and installed inside Locali Conscious Convenience stores. One ATM will be installed at a Venice location (701 Lincoln Blvd.), the other in Hollywood (5825 Franklin Ave.), says Locali owner Melissa Rosen. Rosen isn't expecting an influx of customers as a result of the ATM debut, nor do her stores accept....
Coinsource has added nine bitcoin ATMs in Los Angeles and Las Vegas, making it the largest ATM network on the West Coast. The installations mark the company’s largest single rollout. The expansion into Los Angeles will benefit bitcoin enthusiasts in Southern California, according to Sheffield Clark, company CEO and co-founder. He called the rollout of seven machines in Southern California a significant logistics achievement. Coinsource will bring more options to both veterans and novices of bitcoin. Clark said he expects to see bitcoin as commonly used as credit cards or cash. Southern....
Seattle and Austin will soon become the first US cities with bitcoin ATMs, provided everything goes according to plan. The machines are coming from ATM manufacturer Robocoin and the company claims they will be installed by the end of the month, Reuters reports. Robocoin ATMs are more elaborate than their Lamassu counterparts. They are cash-only machines and they have a few additional security features, such as biometric and optical scanners. In theory, this should allow much higher levels of security than regular ATMs. The barcode scanner can be used to scan QR codes and transfer bitcoins....
BitSell plan to offer a $150 Bitcoin ATM. They are crowdfunding their project on Indiegogo. Purchasing Bitcoin or altcoins through an online exchange can be time-consuming and frustrating. To ease this process, entrepreneurs developed Bitcoin ATMs, which function similarly to traditional ATMs, but transfer cryptocurrency rather than paper bills. Bitcoin ATMs have become quite popular. They have been installed all over the world - from Los Angeles to Honk Kong to Africa. Despite their popularity, Bitcoin ATMs are quite expensive. Even Skyhook, branded the low-cost Bitcoin ATM option, costs....