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Topic: Bitcoin ATM's - page 2. (Read 1793 times)

legendary
Activity: 1456
Merit: 1002
March 02, 2015, 01:54:34 AM
#4
You can go youtube robocoin which happens to be one of many 1st bitcoin ATM`s.

https://www.youtube.com/watch?v=0SidcjCLrQM
legendary
Activity: 1638
Merit: 1010
https://www.bitcoin.com/
March 01, 2015, 11:46:26 PM
#3
Some are very simple to use like the Lamassu brand, scan your QR code on your smartphone, insert cash all done.

Other machines like Robocoin can be a little tricky for the beginner.
First an anal probe comes out and has its way with you then it will want a copy of your drivers licence, palm print maybe some DNA, only joking but they can be a hassle to use.
2 way machines will always be harder to use do the fact they have a lot stricter KYC and AML laws to follow.
sr. member
Activity: 356
Merit: 250
March 01, 2015, 11:35:27 PM
#2
How do they work?

http://en.wikipedia.org/wiki/Bitcoin_ATM
A bitcoin ATM is an electronic communications device that allows a person to exchange bitcoins and cash without the need for a human to facilitate the transaction. There are two primary types of Bitcoin ATMs. The basic units allow the customer to only buy Bitcoins. The more complex machines will let a person buy as well as sell bitcoins via the machine.
sr. member
Activity: 433
Merit: 251
February 28, 2015, 02:47:08 PM
#1
How do they work?
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