First Bitcoin ATM Draws $1M In Transactions

By  |  December 2, 2013
 | 

In its first 29 days of service, the world’s first bitcoin ATM has processed more than $1 million in transactions, newsBTC reported on November 27.

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    The ATM, manufactured by Las Vegas-based Robocoin, has completed 1,576 transactions during this time. The bitcoin allows consumers to exchange up to $3,000 in bitcoin per day.

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    The ATM is available for use at Waves Coffee House in Vancouver, Canada.

    For our full analysis of digital currency and its potential as a payments innovation, read Karen Webster’s full analysis here.

    “What’s Hot” is aggregated content. PYMNTS.com claims no responsibility for the accuracy of the content published by the original source.


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