Bitcoin ATM's

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Topic: Bitcoin ATM's (Read 1734 times)

Ayers

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Re: Bitcoin ATM's

March 05, 2015, 11:48:21 AM

#21

Quote from: ChuckBuck on March 03, 2015, 10:42:28 PM

In the beginning, I think most Bitcoin ATM's were one way, like you can exchange Fiat for Bitcoins.

As technology progressed most of the recent models can handle 2 way transacting, fiat to BTC and BTC to fiat sorta like a mini exchange.

I think Lamassu and Robocoin have the most prevalent ones around.

https://lamassu.is/

https://robocoin.com/

that's cool, but it look too big?

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bitkilo

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Re: Bitcoin ATM's

March 05, 2015, 12:16:49 PM

#22

Quote from: Ayers on March 05, 2015, 11:48:21 AM

that's cool, but it look too big?

The Lamassu one is tiny but its only a 1-way machine.
The Robocoin ATM is about the size of a normal bank atm, maybe a little bigger but that one is a 2 way bitcoin ATM.

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TheGrapist

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Re: Bitcoin ATM's

March 05, 2015, 12:28:51 PM

#23

Can anyone tell me what price does a Bitcoin ATM provides ?
Is it based on any market exchange price or just like LBC ?

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ranochigo

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Re: Bitcoin ATM's

March 05, 2015, 03:12:26 PM

#24

Quote from: TheGrapist on March 05, 2015, 12:28:51 PM

Can anyone tell me what price does a Bitcoin ATM provides ?
Is it based on any market exchange price or just like LBC ?

Based on the backend, it can be configured to automatically get the rates from a specific exchange or average price of the exchanges. It Can also be configured to autobuy from exchanges and transferred to the wallet.

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