12 Companies Merging Virtual Currencies and the ATM Business

LocalBitcoins ATM is an affordable and robust machine for automatizing bitcoin exchange businesses. The LocalBitcoins ATM is unique because it does not require an Internet connection, but the exchanging happens on the LocalBitcoins website. The ATM works as a simple and safe cashbox—this makes the ATM very robust. The ATM has a 30-note recycler, which also increases maintainability and makes the process robust. The customers who withdraw can get the same notes that other customers deposit. The operator has to take care that he has enough bitcoins to sell, empty the cashbox when full, and take care that there are notes in the ATM for customers to withdraw.

CoinVault ATM intends to bring bitcoins and similar cryptocurrencies to everyone. The company is ...

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