NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Coinbase Confirms DOJ Investigation Following Major Security Incident
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Coinbase Confirms DOJ Investigation Following Major Security Incident

Lamassu Announces a Modular Two-Way Bitcoin ATM System

newsbtc
newsbtc
4 years ago
2 mins read

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Lamassu. It’s a well-recognized name in the bitcoin industry.

Many would say the company has revolutionized the in-person acquisition of bitcoin via a streamlined thirty-second process, and the company is taking one step forward with the introduction of a modular two-bitcoin bitcoin ATM system.

Dubbed the Santo Tirso floor stand, it comes as an optional compliment to the traditional Lamassu devices we’re quite used to seeing.

Built into the stand is a bill dispenser that will effectively allow current Lamassu devices in operation to exchange cash for bitcoin — making them much more than a “bitcoin vending machine” — as some have come to call it.

Lamassu Tirso Stand

Lamassu says they’re already taking orders for the bill-dispensing pedestal, which will run operators a cool $5,500, which despite its price the company says is still cost-effective in comparison to other ATM solutions available.

“It was important for us to give operators the choice of one-way or two-way transactions,” says Zach Harvey, who heads Lamassu. “Our modular design allows them the ability to choose a cash-to-Bitcoin machine, or the option of adding a stand that enables two-way transactions. Different operators have different market needs, so flexibility is key here.”

The stand itself is capable of holding up to 1,000 banknotes of pretty much any currency, making it incredibly versatile.

According to Lamassu, the stand will be compatible with all 235-plus Lamassu machines in operation globally (side-note: Lamassu tells us that they are now manufacturing their devices on a rolling basis as opposed to batches in a Portuguese facility).

“We’re very happy with the way this turned out, in terms of price point, minimalism and versatility,” added Harvey. “We definitely intend on expanding our modular options, both for hardware and software.”

For the operators who’re looking for just the stand (and no dispensing capability), Lamassu is offering the Braga floor stand, which is priced at $1,800 per unit.

Braga stand lamassu

The stands will make their first appearance at the Bitcoin 2014 Conference (put on by the Bitcoin Foundation) in Amsterdam from May 15th-17th.

Tweet123Share196ShareSend
newsbtc
newsbtc

newsbtc

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Tron

Tron’s 374% Profit-Taking Spree Uncovered—Here’s Who Was Behind It

On-chain data shows Tron (TRX) observed a large profit-taking spike earlier in the month. Which type of holder was responsible...

Keshav Verma 3 hours ago
injective, Solana, render, Altcoins, POPCAT, Shiba Inu, Worldcoin

Injective Prepares For Bullish Reversal Amid 25% Recovery – Analyst Forecasts Massive Breakout

Injective (INJ) is leading the crypto market with a 26% recovery from the recent lows, suggesting a “strong” rally could...

Rubmar Garcia 4 hours ago
bitcoin

Bitcoin Poised For Rally As Geopolitical Tensions Ease And Inflation Expectations Fall

Leading crypto exchange Binance witnessed a significant outflow of Bitcoin (BTC) and Ethereum (ETH) on June 23, with investors pulling...

Ash Tiwari 5 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Bitcoin crash

Bitcoin Price Crash Below $100,000: Pundit Reveals Next Area Of Action To Start Buying

Scott Matherson 29 minutes ago

美企重金佈局5大加密貨幣儲備 Bitcoin Hyper預售或成下一波爆點

Kelvin Lee 2 hours ago
Биткоин

ФРС разрешила банкам работать с криптоактивами

lisachaikina 3 hours ago

Premium Sponsors

Press Releases

  • Биткоин

    4 алткойна с потенциал за растеж...

    11 hours ago
  • 4 altcoina s velikim potencijalom za rast čak i ako tržište uspori

    4 altcoina s velikim potencijalom za rast čak i ako...

    11 hours ago
  • Te 4 altcoiny są gotowe do wzrostu

    Te 4 altcoiny są gotowe do wzrostu, nawet jeśli cały...

    12 hours ago
  • Hlavní předpovědi pro kryptoměny: Cardano, Shiba Inu, Solaxy

    Hlavní předpovědi pro kryptoměny: Cardano, Shiba Inu...

    15 hours ago
  • The top cloud mining platform in 2025: AIXA Miner cloud...

    15 hours ago

Newsletter

Be the first to get the latest important crypto news & events to your inbox.

  • This field is for validation purposes and should be left unchanged.

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.