Default featured image

See the Robocoin Bitcoin ATM in Action

Avatar newsbtc 6 years ago

I’ve been bringing up the topic of the first Bitcoin ATM just recently entering service in Canada, but we haven’t — up until now — seen the machine in action in a real world scenario. Thankfully, someone on YouTube took the time to convert $100 CAD into Bitcoin.

It does look simple, but I’m waiting for the news blurbs of people getting Bitcoins stolen because someone was watching the screen or happened to scan a barcode from the screen. You’ll notice at one point the private key to the user’s purchased Bitcoins is displayed in a relatively large font, as well.

It may need some work, but the process looks easy as pie. What do you think?

Tags: BitStarz Player Lands $2,459,124 Record Win! Could you be next big winner?
Nexo

Instant Crypto Credit Lines™ from only 5.9% APR - unlock your crypto-wealth tax-efficiently, without selling it. Earn up to 8% interest per year on your Stablecoins, USD, EUR & GBP. $100 million custodial insurance.

Ad
Show comments