Cryptocurrency ATM: Lamassu is building its first 15 Bitcoin Machines

Last updated on August 15th, 2016 at 06:49 pm

After officially launching the Bitcoin Machine in August, Lamassu is assembling the first batch of 15 devices. The startup twitted the news this Monday (2).

“It’s begun! Our preliminary run of 15 #Bitcoin Machines is underway”, Lamassu announced, adding a picture of the production of the first batch of cryptocurrency ATMs.

According to its developers, the machine will be able to exchange fiat currency into Bitcoin in just 15 seconds. Lamassu’s device will allow the owners to use an online exchange to fund the machine – the equipment is compatible with the leading exchanges like Mt.Gox or Bitstamp -, and will accept currency from over 200 countries.

Maria Santos

Maria is an experienced journalist currently living in the UK. She has been writing about Bitcoin and the altcoin universe since 2013. She is also a member of the Lifeboat Foundation's New Money Systems Board and a big cryptocurrency supporter.

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