Tag Archives: Bitcoin ATM map

New bitcoin ATM locations as of 21.07.2015

Last week brought several new installations to our bitcoin ATM map.

Bitcoin ATMs in United States

There were three new bitcoin ATM added in United States.

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.

New York bitcoin ATM

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Top Bitcoin ATM Cities

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 city

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.

Chicago bitcoin ATM map

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BATMThree bitcoin ATM from General Bytes

General Bytes has introduced a new bitcoin ATM BATMThree recently. This is a long expected two-way machine from this manufacturer, which will support buy and sell operations at the same time.

BATMThree bitcoin ATM

The software was developed before and provided to the operators of Robocoin kiosk as a replacement kit, so it was a matter of creating the hardware for the own product. The new machine has a very slick design with neon lightning, which will definitely attract attention of walking by people.

The bitcoin machine has a nice big touch screen, which looks much better than the screen of the previous models. Continue reading

New bitcoin ATMs in United States, Canada and Italy

During this week there were 1.58 bitcoin ATM installed per day on average. Updated information can be found on the charts page.

New ATMs were installed in United States (+4), Canada (+3), Italy (+2), Finland (+1) and Netherlands (+1).

United States

World of Vapor in Indianapolis became home for Skyhook machine. Another Skyhook machine was installed in Milwaukee at 414 Glass & Grooves. The machine doesn’t support KYC procedures however the owner of the shop writes down the ID details of the customers.

Skyhook bitcoin machine

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How to sell bitcoins using Bitcoin ATM

In our previous article we described how you can buy bitcoins using Bitcoin ATM, in this post we describe the process of selling bitcoins via ATM.

How to sell bitcoins

What you need to know is that not all machines support two-way operations, many still only allow to buy bitcoins, however according to our Bitcoin ATM Charts about 40% of all installed Bitcoin ATMs actually support sell operations. In order to find your nearest bitcoin machine where you can sell bitcoins – you can visit our bitcoin ATM map. Use “Crypto->Fiat” ticked in the bottom filter to show all locations where you can sell bitcoins (you need to have “Fiat->Crypto” unchecked in order to hide locations where you can only buy bitcoins).

Here is a list of Bitcoin machine types that normally support sell operations (some operators may disable sell operations, so you need to check before planning your trip):

  • Robocoin
  • Genesis Coin (only Genesis1 and Satoshi2 machines, Satoshi1 ATM is one-way only)
  • BitAccess
  • General Bytes (only BATMThree model, BATMTwo is one-way machine)

Some other manufacturers also support sell operations in their machines, however the mentioned above represent the majority of installed units on the market.

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Bank ATM vs. Bitcoin ATM – History Comparison

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.

Chemical Cash Machine
Chemical Cash Machine

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