The following tutorial shows how to find a bitcoin ATM near you. It was done for the old site design, but functionally not much has been changed since redesign and bitcoin ATM map still can be found on the main page.
After watching this video you will know:
How to find a bitcoin ATM in your city
How to check current price and fees of the machines
Cottonwood Vending operator added its sixth location in New York area. Now satoshi1 one-way bitcoin machine was installed in Harlem, NY at Apollo Deli & Fruit. This ATM allows quickly buying bitcoins. Online prices for this ATM are available at given above link, machine charges on average 8-12% fee above market rate. The ATM has additional bulk note acceptor, which means it can easily handle huge packs of paper money and convert it into real money of future in seconds.
Sometimes it is hard to find a good location for a bitcoin ATM, but at the same time there are places where demand is high enough to put several machines at the same location or close to each other. It might be dictated by high competition in the region among the operators or simply pure high demand for buy / sell bitcoin services.
In this post we look at the list of top 6 bitcoin ATM cities and check who are the top operators in the areas and what is the mostly used type of bitcoin ATMs.
#6 Chicago, USA – 12 bitcoin ATMs
Chicago opens our list of top bitcoin ATM cities at position #6 with 12 installations. 7 machines are manufacturer by Genesis Coin, who is a leading supplier of bitcoin machines in this area. Speaking about operators, half of all installations belong to Red Leaf Chicago, who is the leading provider of bitcoin ATM services in Chicago area.
Good news for Apple device users. Together with Rolf Deppe we’ve recently released the first version of mobile application for iOS – CoinATMRadar. Now searching and finding closest Bitcoin ATM location should become even more easier.
Robocoin, the company, that launched the first Bitcoin ATM in Vancouver almost a year ago, announced the software update of their kiosks to a new platform which is called “Robocoin 2.0” and is connected to the launch of Bitcoin ATM wallet. The service itself was announced earlier, but now it became available to the customers.
At the moment there about 240 Bitcoin ATMs worldwide. And this happened in less than a year. However, many people compare this to standard bank ATMs, mentioning there are more than 2 million available worldwide today.
Our answer would be: “Yes, and what?” How is it at all can be compared, when bank ATMs are there for more than 40 years now, and here we are talking about totally new concept of digital currency that appeared 5 years ago, and about Bitcoin ATMs that started appearing less than a year ago.
Being interested we decided to find some figures on the bank ATM installations and how they evolved initially.
The network of Coin ATMs increases quite fast these days. There is no a single day when a new ATM does not appear on our Bitcoin ATM Map. Recently, the new information became available that Blackcoin is going to be supported in some of the ATMs. Thanks to the Bitcoin42 team (they operate two Bitcoin ATM in Tijuana, Mexico) and Genesis Coin producer this became possible. Recently it was announced that the newly launched Bitcoin ATM in Bochum will also support Blackcoin transactions.
ATMs with Litecoin and Dogecoin support
It looks like the Genesis1 Bitcoin ATM is the most cryptocurrency agnostic ATM as of today. Initially Litecoin and Dogecoin support also was coming from this manufacturer. The first such ATM was launched in Tijuana, Mexico. Actually there were two ATMs launched in the same BIT Center: one was supporting US Dollar operations and the other one – Mexican Peso. The machines allowed both buy and sell cryptocurrency options.
This Robocoin two-way Bitcoin Kiosk was installed in Hague, Netherlands. On this page you can find the online rates for buy and sell bitcoins at this machine. It is located in Barber & Co workspace office building. This Bitcoin ATM is already in use, but there will be official opening in the “last Tuesday of September”.