Adoption

First Bitcoin ATMs in North American soil to land in Seattle and Austin

By Maria Santos

Last Updated: Jan 2, 2018

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Disclaimer

Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
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Disclaimer Icon
Disclaimer

Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
99Bitcoins may receive advertising commissions for visits to a suggested operator through our affiliate links, at no added cost to you. All our recommendations follow a thorough review process.

The United States are getting ready to welcome the country’s first Bitcoin ATMs, produced by Robocoin, a company based in Nevada. The machines will operate in Seattle and Austin.

The first device will be installed in the end of February, the manufacturer announced this Tuesday (18). But besides this delivery, Robocoin is also planning to hand out new cryptocurrency ATMs in Europe and Asia.

Although it is still not clear which company will be managing the Bitcoin ATMs in Seattle and Austin, according to The Verge, the United States are apparently trying to replicate the recipe for success “discovered” by its Canadian neighbor.

bitcoinstore-1024x764-1024x700The northern nation was the first in the world to host a Bitcoin ATM, achieving amazing results. A machine based in a small coffee shop in Vancouver, which is operated by the local company Bitcoiniacs, has processed over $900,000 in transactions in its first month alone.

On a related note, the Canadian company Bitcoiniacs also announced recently that it plans to launch ATMs in London and Singapore by mid-March, according to Coindesk.

The devices will be operated with a “similar set-up” to the one located in Vancouver and is the first step of a global expansion plan that intends to deploy new machines and set up physical brokerage offices for retail customers in different parts of the world.

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Maria Santos
Maria Santos
Crypto Writer

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. Read More

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