Robocoin Bitcoin ATM Coming to Prague in April
Courtesy: blog.robocoinkiosk.com. The Robocoin bitcoin ATM invasion is seemingly far from over. The Las Vegas-based company has grand plans to bring their kiosks to countries all around the world, and Czech Republic is the next on the list. A Robocoin kiosk is slated to come to Prague - the country's capital - in April, reportedly in the Smíchov area of town. In addition to the kiosk will come two others, to be installed at later dates. A company by the name of Marlyle is responsible for the deployment, hoping the coming of the ATMs bring bitcoin closer to those who are interested: "We....
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If you were thinking about becoming the operator of a bitcoin ATM, listen up. This evening, Robocoin CEO Jordan Kelley announced that his company will be offering Robocoin ATM operators the ability to register for a 'lifetime' license, to avoid paying fees to the company moving forward. Currently, Robocoin ATM operators are setting their own transaction fees and the Las Vegas-based company takes a 34 percent cut of whatever fee charged by the operator. Under the new model, Robocoin will take a 1 percent cut. Current operators will be auto-enrolled beginning on the first of April. For the....
Today, Robocoin has announced open enrollment for their Robocoin Wallet, which is needed to use the "Robocoin Bank." Robocoin has taken the first step to moving away from being just a Bitcoin ATM company to becoming a full-fledged "Bitcoin Bank." The Robocoin Banking platform, which utilizes all existing Robocoin ATMs as automated kiosks, will provide banking services to customers around the world in the form of a new Bitcoin wallet: The Robocoin Wallet. Robocoin first revealed plans to change their ATMs into a more functional global network to support Bitcoin earlier this year. Those that....
Robocoin's Sam Glaser Addresses Concerns About Robocoin ATMs. Recently I was contacted by a disappointed Robocoin ATM user. His experience with the ATM was not good: He felt the fee's were too high. I and others had voiced concerns over security and ease of use as well. In response, Sam Glaser of Robocoin contacted me after reading my article and has answered some questions for me. He let me know his concern about the misconceptions surrounding how and why the Robocoin ATM needs the info and security measures it does. Sam addresses the fee structure as well. With Robocoin ATMs being....
Courtesy: blog.robocoinkiosk.com. We've been talking quite a bit about the Robocoin bitcoin ATM in a downtown Vancouver cafe. In one day, the ATM saw about $10,000 in transactions - that is, people buying and selling bitcoin. Fast-forward a bit over a week later and you get an equally as impressive number. In the first 8 days of operation, the Robocoin ATM has done about $100,000 in buys and sells, according to a Washington Post report. Eighty percent of the transactions on the Robocoin machine were buys, twenty percent were sells (obviously). Waves Coffee, the cafe in which the first....
Robocoin, a Bitcoin based company in Las Vegas, Nevada, has announced that they will be launching a new project called Robocoin Bank. The new project will take all existing Robocoin ATMs and turn them into banking branches. Through software updates, they plan to add features that allow users to bank using Bitcoin. Robocoin is offering the chance to start your own branch of Robocoin Bank by purchasing and operating one of these Robocoin Kiosks. Robocoin Banking functionality should be fully online starting summer of 2014. The new features will allow users to open a Robocoin Bank account in....