Robocoin News

The Bitcoin ecosystem is getting larger due to the appearance of Bitcoin ATMs, which are becoming wider and wider spread. Robocoin is a large company producing and providing ATMs for cryptocurrency. The world’s first publicly available Robocoin machine for cryptocurrency opened in 2013 in Vancouver, Canada. Robocoin received a wide response and the amount of transactions was over a million Canadian dollars during the first month of operation. Robocoin ATMs, when compared with their counterparties, have bigger machines, allow users to make two-way transactions between fiat and cryptocurrencies and take a one percent fee from every transaction made. Recently, the company has announced about possibility of making money transfers via their ATMs.

BTM Maker Robocoin Shuts Down. Is the BTM Business not Profitable Anymore?

JAN 18, 2016
by Neer Varshney

Are the BTM companies all going to shut down because the Bitcoin ATM business has become unprofitable?

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AUG 4 DIGEST: Mt. Gox ‘Ran out of Funds 6 Months before Going Bust’; Australia Warms towards Bitcoin as Currency

AUG 04, 2015
by Aaron van Wirdum

Defunct Bitcoin exchange Mt. Gox is said to have ran out of money six months before it filed for bankruptcy; an Australian government inquiry has set the stage ...

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Bitcoin ATMs Reach 400 Units Worldwide, 2-Way Machines on the Rise

MAY 28, 2015
by Diana Ngo

The number of Bitcoin ATMs across the globe has hit 400. Meanwhile, operators are reportedly making US$1-3K monthly of their Lamassu units, 2-way machines are o...

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Robocoin Relaunches to Become ‘Android of ATMs’

FEB 21, 2015
by William Suberg

BTM developer Robocoin has unveiled its hotly rumored new direction in the form of a software development kit (SDK), which will allow any ATM to function as a B...

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Rumors Swirling around Robocoin’s Hardware Exit, Major Restructure

JAN 30, 2015
by William Suberg

Network issues at Robocoin, which affected its BTM network yesterday, have led to rumors of more serious problems with the company, it has emerged.

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Bitcoin Companies to Showcase the World of Bitcoin at CES 2015

DEC 19, 2014
by Carlo C

The world of Bitcoin is coming to the 2015 Consumer Electronics Show, sponsored by a huge partnership between BitPay, Circle, Kraken, Bitmain, Blockchain, Bitst...

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Newly Launched BTMs: Two New Lamassus in Montreal and a Robocoin in Bucharest

NOV 25, 2014
by Armand Tanzarian

Cointelegraph has partnered with Coin ATM Radar, which regularly updates a helpful and navigable Bitcoin ATM map, to get the most comprehensive data about new B...

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Robocoin Owner Attempts to Protect His Customers From Robocoin

NOV 09, 2014
by Amanda B. Johnson

Today many owners of BTMs (Bitcoin Teller Machines) are wishing they had picked a manufacturer other than Robocoin. The Las Vegas-based BTM company is now attem...

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Jilted ATM Buyers Get Internet Justice; Robocoin Issues Apology & Explanation

OCT 22, 2014
by Amanda B. Johnson

On Wednesday, October 15, Andrew Wilkinson was out of patience. He and his business partner had ordered a Robocoin ATM to place in a pub in Canada...

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Newly Launched BTMs: The US Gets 7 New Machines

OCT 20, 2014
by Armand Tanzarian

According to Coin ATM Radar’s data as of Monday, October 20, there are 273 live BTMs around the world, and that number is growing daily (and at an ever-increasi...

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RoboCoin's Next ATM Scans Your Entire Hand, But It Does A Lot More Than That

AUG 07, 2014
by Ian DeMartino

RoboCoin is launching its 2.0 network which include ATMs that plan to do more than just dispense cash or Bitcoin.

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Robocoin ATM to Appear on Capitol Hill

APR 03, 2014
by Allen Scott

Unlike his congressional counterparts, Colorado Democrat, Jared Polis, is not scrambling or scratching his head in an attempt to figure out how to deal with nas...

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First brick-and-mortar Bitcoin seller opens in Hong Kong

MAR 03, 2014
by Armand Tanzarian

If the metaphor that best applies to the Robocoin machines is an ATM, then the appropriate metaphor for Asia Nexgen Bitcoin Exchange’s new storefront in Hong Ko...

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Bitcoin ATM slated for a spot in the North America’s largest mall

FEB 27, 2014
by Anthony Wall

Robocoin has announced plans to install one of its Bitcoin machines in the West Edmonton Mall in Alberta, Canada, the largest such mall in North America and one...

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Lamassu beats Robocoin to US market

FEB 21, 2014
by Eric Barrier

We reported just a couple of days ago that Robocoin would be launching America’s first Bitcoin ATMs in Seattle and Austin, but Bitcoin machine maker has apparen...

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