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Check Out The World's First Traveling Bitcoin ATM

Check Out The World's First Traveling Bitcoin ATM
Tech1 min read

There are at least four Bitcoin ATMs in operation at SXSW this year - one at a bar, one at a coffee shop, one at a gun certification school, and a final one that will be pretty much everywhere else as it rolls around on wheels:

Robocoin

Meet the Robocoin Rover, pictured in its trailer above. The trailer houses a Robocoin ATM that will enable SXSW-goers to turn cash into Bitcoin and vice-versa. (While Robocoin manufactures the devices, they are independently owned and operated. This particular one is managed by Coinvault ATM.)

Here's a closer look at the interface of the ATM.

IMG_7965

Robocoin

The ATM makes use of identity-based security measures, scanning your ID and even making a map of the veins in your palm.

IDchecker2

Robocoin

If you're selling Bitcoin, you'll get cash right on the spot.

gettingmoney

Robocoin

To get a closer look at how a Bitcoin ATM transaction goes, check out this video.

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