28 Aug '13, 3pm

RoboCoin, The First $20,000 Bitcoin ATM, Now Available For Pre-Order

RoboCoin , a kiosk that allows you to trade Bitcoin for other currencies, is now available for pre-order and should be shipping for “Fall 2013.” Lest you decide to become the Bitcoin bank for your neighborhood, remember that the machine costs $20,000 ($18,500 for early birds) and can currently trade BTC for USD. The device is essentially a hardened, ATM-like machine with biometric time locks and privacy-shielded touchscreen. It can accept and dispense cash (and is “International denomination-ready”) and is Wi-Fi and 3G-enabled. According to a blog posting the team is ready to change the way Bitcoin is bought and sold. “RoboCoin represents a compelling investment for business owners,” they write. “They’ll earn a percentage of transactions and attract Bitcoin’s loyal user-base, while also offering unprecedented access and ease-of-adoption to Bitcoin newcomers. Furthermore ev...

Full article: http://techcrunch.com/2013/08/28/robocoin-the-first-20000...

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