BitcoinATM: Difference between revisions
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A BitcoinATM is a specialized piece of equipment that functions similar to a traditional ATM, but with added functionality that makes it function more like a physical exchange. There are multiple types machines, but they are generally broken down as 1 way or 2 way machines. 1 way machines, or Kiosks, allow for the insertion of cash and withdrawal of Bitcoin only. 2 way machines generally function as a full exchange, allowing for conversion between both fiat to bitcoin or bitcoin to fiat. | A '''BitcoinATM''' is a specialized piece of equipment that functions similar to a traditional ATM, but with added functionality that makes it function more like a physical exchange. There are multiple types machines, but they are generally broken down as 1 way or 2 way machines. 1 way machines, or Kiosks, allow for the insertion of cash and withdrawal of Bitcoin only. 2 way machines generally function as a full exchange, allowing for conversion between both fiat to bitcoin or bitcoin to fiat. | ||
Different BitcoinATM manufacturers and operators choose different levels of AML/KYC requirements depending on their own needs and the jurisdiction of the physical placement of the BitcoinATM. | Different BitcoinATM manufacturers and operators choose different levels of AML/KYC requirements depending on their own needs and the jurisdiction of the physical placement of the BitcoinATM. | ||
[ | [[BitcoinATM360]] was the first company to provide enterprise services for BitcoinATM operators as well as selling new and used units from various manufacturers. | ||
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== BitAccess == | == BitAccess == | ||
BitAccess BTM offers full 2 way functionality in a form factor very similar to traditional ATMs. Has configurable AML/KYC systems that can be determined by the operator. | [[BitAccess]] BTM offers full 2 way functionality in a form factor very similar to traditional ATMs. Has configurable AML/KYC systems that can be determined by the operator. | ||
== Lamassu == | == Lamassu == | ||
Lamassu was an early 1 way machine that has an add-on base that extends the functionality to being 2 way. Often cited for its clean design and simple usage. | |||
[[Lamassu]] was an early 1 way machine that has an add-on base that extends the functionality to being 2 way. Often cited for its clean design and simple usage. | |||
== Genesis Coin == | == Genesis Coin == | ||
Genesis Coin has built a 1 way (Satoshi1) and 2 way (Genesis1) BitcoinATMs based on existing ATM hardware. | |||
[[Genesis Coin]] has built a 1 way (Satoshi1) and 2 way (Genesis1) BitcoinATMs based on existing ATM hardware. | |||
== General Bytes == | == General Bytes == | ||
[[General Bytes]] has a very easy interface and small form factor that allows it to be used almost anywhere. | |||
== Skyhook == | |||
[[Skyhook]] is an open source commercial one way Bitcoin ATM for everyone, priced at 999.- USD. | |||
== Resources == | == Resources == | ||
[http://BitcoinATM360.com BitcoinATM360] provides enterprise services, asset recovery and new and used BitcoinATM sales.<br> | [http://BitcoinATM360.com BitcoinATM360] provides enterprise services, asset recovery and new and used BitcoinATM sales.<br> | ||
[http://btmsales.com BTMSales] has a good overview of machines currently available on the market.<br> | [http://btmsales.com BTMSales] has a good overview of machines currently available on the market.<br> | ||
Latest revision as of 08:33, 29 September 2015
A BitcoinATM is a specialized piece of equipment that functions similar to a traditional ATM, but with added functionality that makes it function more like a physical exchange. There are multiple types machines, but they are generally broken down as 1 way or 2 way machines. 1 way machines, or Kiosks, allow for the insertion of cash and withdrawal of Bitcoin only. 2 way machines generally function as a full exchange, allowing for conversion between both fiat to bitcoin or bitcoin to fiat.
Different BitcoinATM manufacturers and operators choose different levels of AML/KYC requirements depending on their own needs and the jurisdiction of the physical placement of the BitcoinATM.
BitcoinATM360 was the first company to provide enterprise services for BitcoinATM operators as well as selling new and used units from various manufacturers.
BitAccess
BitAccess BTM offers full 2 way functionality in a form factor very similar to traditional ATMs. Has configurable AML/KYC systems that can be determined by the operator.
Lamassu
Lamassu was an early 1 way machine that has an add-on base that extends the functionality to being 2 way. Often cited for its clean design and simple usage.
Genesis Coin
Genesis Coin has built a 1 way (Satoshi1) and 2 way (Genesis1) BitcoinATMs based on existing ATM hardware.
General Bytes
General Bytes has a very easy interface and small form factor that allows it to be used almost anywhere.
Skyhook
Skyhook is an open source commercial one way Bitcoin ATM for everyone, priced at 999.- USD.
Resources
BitcoinATM360 provides enterprise services, asset recovery and new and used BitcoinATM sales.
BTMSales has a good overview of machines currently available on the market.
bitcoinatm.solutions has information about the BitcoinATM industry with a BitcoinATM news section.
BitcoinATMmap can help you locate a BitcoinATM nearby.