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Author Topic: Buy and Sell Bitcoin Securely with a Coinkite Mobile ATM  (Read 827 times)
nvK
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April 21, 2014, 01:50:18 PM
 #1



Coinkite Terminals have 2 modes: Retail and Exchange. In Exchange mode you have all you need to safely buy and sell coins like a mobile ATM!

Full post here http://blog.coinkite.com/post/83407932991/start-buying-and-selling-bitcoin-with-coinkite

It's the bitcoin incentive that makes the "blockchain" technology work, stupid.
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TradeFortress
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April 21, 2014, 04:52:22 PM
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The most advanced bitcoin wallet ^.^
12inchdick
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July 14, 2014, 07:38:44 AM
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Mobile ATM? it doesn't sound save. Are there any feedbacks?
gonnafly
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July 14, 2014, 07:46:59 AM
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Mobile ATM? it doesn't sound save. Are there any feedbacks?

It's essentially allows for bitcoin sales from a storefront as opposed to an ATM. The Coinkite terminal has features to pull down live exchange rates, let you pre-program fees or markups, and buy/sell BTC as needed.
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July 14, 2014, 07:51:02 AM
 #5

Well, I have heard about CoinKite and they have amazing soft- and hardware. Glad to see that you guys are still trying to improve your service by offering newer and better services. Well done and keep up the good work Grin

EDIT: I just noticed that you guys use mBTC as the standard denomination in the store and that an option to change it is missing. You should do something about that, since a lot of people (including me) are not happy with the mBTC denomination.


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gonnafly
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July 14, 2014, 07:53:16 AM
 #6

Mobile ATM? it doesn't sound save. Are there any feedbacks?

The idea is that if you are in a retail location with existing staff, then why buy a $30,000 ATM machine in order to get buy/sell capability. Instead, purchase the exchange enabled Coinkite terminal for less than $1000, and then it's simply a matter of training.
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July 14, 2014, 07:59:32 AM
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Mobile ATM? it doesn't sound save. Are there any feedbacks?

It's a nice idea, and I think it has a role to play, but be warned for U.S. customers you are still subject to KYC/AML laws and a retailer would most likely need to apply for money exchange licenses at both the state and federal level, same as with any bitcoin ATM.
sugarfree
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July 14, 2014, 08:25:51 AM
 #8

Awesome! How many clients do you have using your terminals?
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July 14, 2014, 09:43:13 AM
 #9

seems nice
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