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

Robocoin 2.0: New Products, Platform, and Pricing

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.

Some news coming our way this morning from Las Vegas, Nevada-based Robocoin.

The company has announced an almost brand-new start on a couple of fronts, as the company aims to better penetrate the bitcoin remittences market.

First thing: the Robocoin Classic — the company’s first ATM system — is getting a price drop of $5,000. That means operators can now pick one up for $15,000.

Some would argue that’s still expensive, but hey, it’s a price drop.

Robocoin Recyclers

The company took the opportunity this morning to introduce a family of Recycler systems, which according to Robocoin is “built to dispense the cash they accept, thereby dramatically reducing the need for cash logistics while improving the customer experience with faster cash-in and cash-out.”

The first of the recycler systems is the Robocoin Recycler (aptly named). This unit with turn cash-in and cash-out very quickly.

$2,000 worth of fiat will become $2,000 with of bitcoin in a matter of ten seconds or less. It’s 20-note batch acceptor means it doesn’t have to be fed note-by-note, accepting two bills per second and dispensing at a rate of 1.6 notes per second.

The unit can hold 1,900 notes, and recycles 400 with four different denominations.

It’ll run operators a cool $20,000.

The second option is the Robocoin Recycler Max. This particular unit can turn $10,000 USD into $10,000 worth of bitcoin in — wait for it — thirteen seconds or less.

With it’s 100-note batch acceptor, it can accept and dispense at eight bills per second. It can hold 8,300 notes and can recycle 6,000 with three denominations — making it the most premium offering of a bitcoin ATM globally.

Total cost? $35,000.

Robocoin Banking/Remittance

Beginning today, the company says, every Robocoin machine purchases will be shipping with the ‘Robocoin Platform’.

Robocoin Accounts will replace the need to download digital wallets and manage private keys, and ‘Robocoin Remittences’ will let users send bitcoin to any phone number or email address they choose (redeemable anywhere a Robocoin branch can be found). The platform also allows for account management, if you were wondering.

There will also be the option for instant buying of bitcoin, as well as instant selling.

What this means is that there won’t be any more 10 minute confirmations when conducting a transaction — something many users complained about previously.

Robocoin will even allow the customer to lock in an exchange rate to a specific kiosk right from the Robocoin website.

All of the customer bitcoins are stored in the Robocoin Wallet, which has been built on multi-signature architecture with 100 percent provable reserves — and yes, offline storage.

“The Robocoin Platform truly unlocks Bitcoin’s potential while making Robocoin Operators unbeatable,” worte Robocoin CEO Jordan Kelley. “Together, we’re not just creating the best customer experience in Bitcoin – we’re creating the best customer experience in financial services. Our goal is to make storing and sending money faster, friendlier, cheaper and easier than any other company in the world.”

We are working on getting images of the new recyclers.

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 Shows Adoption Strength As Volume Still Led By Big Transfers – Details

Tron Shows Adoption Strength As Volume Still Led By Big Transfers – Details

Tron (TRX) is once again in the spotlight as it tests the upper and lower boundaries of a key consolidation...

Sebastian Villafuerte 7 hours ago
Bitcoin

Bitcoin Price Risks Market Crash After Closing Below Final Weekly Resistance

Crypto analyst Rekt Capital has warned about a potential crash for the Bitcoin price, after the flagship crypto closed below...

Scott Matherson 8 hours ago
Ethereum

Ethereum Indecision Masks A Bullish Setup – Here’s Why BTC Holds The Key

CRYPTOWZRD, in his latest update on X, highlighted Ethereum‘s indecisive close, suggesting the market is still searching for clear direction....

Godspower Owie 10 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

Ethereum

Ethereum In Demand: ETF Inflow Streak Extends To 7 Weeks

Keshav Verma 4 minutes ago
Bitcoin

Michael Saylor Drops $500 Million On Bitcoin—What’s His Next Move?

Christian Encila 4 hours ago
Solana Hits New Milestone: Wallets Holding 0.1+ SOL Reach Record High

Solana Hits New Milestone: Wallets Holding 0.1+ SOL Reach Record High

Sebastian Villafuerte 6 hours ago

Premium Sponsors

Press Releases

  • Ethereum Enthusiasts Easily Earn a Stable Daily Income of...

    5 hours ago
  • Hledáte nejlepší kryptoměny k nákupu v roce 2025

    Hledáte nejlepší kryptoměny k nákupu v roce 2025? Tady...

    8 hours ago
  • Cauți cele mai bune criptomonede de cumpărat în 2025?...

    8 hours ago
  • Tražite najbolje kriptovalute za kupnju u 2025. 4 top izbora za vaš portfelj

    Tražite najbolje kriptovalute za kupnju u 2025.? 4 top...

    8 hours ago
  • 今が狙い目の割安アルトコイン特集|注目すべき銘柄をチェック!

    ...

    13 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.