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Buy and sell Bitcoin with RoboCoin ATM

Calling itself Bitcoin’s First Real ATM, the RoboCoin Kiosk is now accepting pre-orders.

RoboCoin allows buying and selling Bitcoins from a freestanding kiosk that integrates software, bank grade hardware and security.

RoboCoin’s technology makes it a contender in the emerging market for Bitcoin machines. RoboCoin CEO Jordan Kelley was quick to criticize his competition in a blog post, “Seriously, how Bush League is an ‘ATM’ if it can’t do the equivalent of deposits and withdrawals or be left unattended?” Exchange integration with Mt. Gox or Bitstamp delivers dynamic Bitcoin inventory so that trades are placed in real time.

It’s competition includes Lamassu Bitcoin ATM, a table-top machine that turns cash into Bitcoins in seconds, but not sell Bitcoin for cash.

Below is a video showing the features of the RoboCoin ATM Kiosk.

RoboCoin was demonstated at the Bitcoin 2013 Conference in San Jose, and is now ready for production pre-order. A single kiosk costs $20,000, though there is a $18,500 pre-order promotion through September. Business owners will earn a percentage of transactions and attract new and existing Bitcoin users.

RoboCoin to date has received inquiries from over 20 regions including: Canada, Australia, Prague, Kenya, Ireland, the Philippines and Thailand.

And, of course, RoboCoin Kiosks can be purchased with Bitcoin or USD.

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