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.
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