16 Aug '13, 10pm

Startup says Bitcoin ATM will be released in September

Startup says Bitcoin ATM will be released in September

1 A startup called Lamassu will release a Bitcoin ATM this September , the company has claimed. Users can feed "most major currencies" into the ATM; these currencies are then converted into Bitcoin, which are then deposited into their Bitcoin wallet. Aug. 16, 2013, 8:41 p.m. 2 Source: www.lamassu.is At first, 15 ATMs will be delivered to people who've pre-ordered, with Lamassu saying that additional ATMs will be delivered thereafter. A single ATM costs $5,000. Owners of the ATM are free to set their own rates to use the machine. Aug. 16, 2013, 1:06 p.m. 3 A different company, BitcoinATM, said it would release a Bitcoin ATM in the spring of 2013, though the project's highest profile backer, StockHouse.com founder Jeff Berwick, pulled out of the project. Though the ATM was demonstrated in May it doesn't appear to have been widely released. Aug. 16, 2013, 8:47 p.m.

Full article: http://cir.ca/story/bitcoin-atms-are-coming

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