For those who missed it – we have a nice Android app for finding bitcoin ATM locations. After hard work we released some major updates of the Android app recently (latest version 2.0.1).
So what has changed:
Last week brought several new installations to our bitcoin ATM map.
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.
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.
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.
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.
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
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).
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.
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.
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):
Some other manufacturers also support sell operations in their machines, however the mentioned above represent the majority of installed units on the market.
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.
There are many Bitcoin ATMs appearing around the world and there are only several main producers for these machines. Operators want to make their ATMs look individually and usually use their own design, which is applied to standard Bitcoin machines.
Let’s look at the “Top Chart 5” of such ATMs provided by BitAccess.
The number of installed Bitcoin ATMs grow every day. It can be easily observed on the chart of Bitcoin ATM locations increase or in our recent post about Bitcoin ATMs with respect to manufacturers. In this post it is seen that Robocoin Kiosk installations are not that frequent compared to its competitors. But in recent days we see there are several Robocoin ATMs appeared in Europe.
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”.