Crypto Retailer Magazine July 2014

Priceless

C rypto R etailer The World Runs On Cryptocurrency

Who’s Who of Bitcoin ATMs July/August 2014

Bank ATMs....Who Needs Them Anymore?

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Crypto Retailer Magazine

July/August 2014

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General Bytes Robocoin

Bit2Bit 42

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Moolah ATM

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Project Skyhook Tembusu ATM BTCPoint Numoni

Bitcoin Solutions 43

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Bit-Wallet Lamassu

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Nautilus Hyosung LocalBitcoins BitAccess

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Cash2BTC

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AutoCoinage

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Open Bitcoin ATM Flycoin

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Diamond Circle Logicoins

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Coinplug

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Pay MaQ

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ATM OPERATORS

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GenesisCoin

Resilient 21 Group 43 Global Bitcoin ATM 45 Enchanted Bitcoins 45 BitNational Inc. 45 Bitxatm 46 Futurecoins 47 Satoshipoint 48 Picasso ATM 49 Sirius Money 50 Qwikbit 50 Crypto-Kiosk 50 Coinnect 55 Decentral Business 57 Bitcoin42 59 Bittimaatti 62 Bitcoiniacs 63 Liberty Teller 64 Cointter 64 Australian Bitcoin ATMs 65 Atlanta Bitcoin 66 Krypto Currency Solutions 66 Bitcoin Exchange 66 BIT2BLOCK 68 Bumblebee Exchange 68 CoinVault ATM 69 Hotbutler.com 70 Bitculus 70 Coinme 71 IberoBit 73 Bit Rocket Capital 73 Instacoin 73


contents • Note from the Editor

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• Bitcoin ATM Locator Services

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• Genesis1 Bitcoin ATM Deployed in Brisbane, Australia • Lamassu Bitcoin ATM Map

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• BitAccess BTM Screenshots

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• SBEX and BitAccess are deploying a Bitcoin ATMs network in Switzerland • Visiting Vancouver? Bring Your Bitcoins • Life Imitating Art?

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• Toshiba VisualTouch Utilizes BitPay to Accept Bitcoin on Retail POS Platform • Recommended Bitcoin Reading (Books)

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• The First Bank Grade ‘Two-Way’ Bitcoin Exchange Kiosk in Hong Kong • Intuit Is Now Testing Bitcoin

• The Bitcoin Association of Australia

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• Time for a Bitcoin upgrade? What’s coming in the next issue

• Cartoon #1

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• PotCoin® - Installs Worlds First Potcoin ATM’s

• Coinme’s ATM Screenshots

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July/August 2014

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ATM…. BTM…. AVM…. Branch Kiosks….

Whatever you call them, these new machines which quickly convert a national currency into cryptocurrency are a huge factor in today’s consumer adoption of Bitcoin. No fancy government regulations or mobile applications will ever surpass the potential for fast growth which Bitcoin ATMs bring to the industry. Widespread global access to Bitcoin ATMs will guarantee the expanded use of Bitcoin in daily commerce. The simple truth is that everyone in the world uses cash. Without exception…. Everyone. National currencies flow throughout every modern society on earth. Not everyone owns a cell phone and not everybody has a bank account or a credit card…. However, everyone, without exception uses cash. Having more Bitcoin ATM locations, where consumers can easily exchange cash into digital currency, will quickly translate into wider Bitcoin use by merchants and consumers. More Bitcoin ATMS = More Currency Exchanges = More Bitcoin Use

Every city or neighborhood that offers new Bitcoin ATMs, will experience a growth in cryptocurrency users along with a more rapid expansion of Bitcoin retail commerce. Today, these machines are cryptocurrency’s direct path to success. As more companies design and manufacture Bitcoin ATMs and more operators set up these machines, retail Bitcoin merchants will begin enjoying more customers and retail sales. This first issue of Crypto Retailer Magazine is devoted to the companies that manufacture and operate these marvelous machines. This publication is part of the Crypto Merchant Association and supports our members. Carl Mullan Editor

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Need help finding the nearest Bitcoin ATM? Bitcoin ATM Spotter

Coin ATM Radar

Bitcoin ATM Map

Bitcoin ATM Spotter is available on every major platform.

This web site shows an up-to-date “Crypto ATM Map” listing of all Bitcoin ATMs around the world. As of June 1, 2014 it is showing 87.

A user curated map of all Bitcoin ATM locations worldwide.

The professionals at eCoinocity.com are dedicated to new cryptocurrency opportunities. The Bitcoin ATM Spotter is a good one. These guys maintain one of the world’s greatest databases of Bitcoin ATMs. The Bitcoin ATM Spotter is also part of eCoinocity. com which is supported by Pinnaclemicro. Use this app to easily find the nearest Bitcoin ATM. Try it on your laptop, desktop or mobile device. This is an innovative program. Get it for free from iTunes and Google Play. Visit this website at:

http://bitcoinatmspotter...

Also available from this website is a quality listing of ATM news from around the globe. Visitors can also gain critical insight into the world of Bitcoin ATMs through some easy to understand charts of global ATM usage/growth such as “Number of Bitcoin ATMs installed by Bitcoin machine type” and “Share of Bitcoin ATMs installed by manufacturer.” Their charts show the current leading Bitcoin machine types are Lamassu, Robocoin Kiosk and BitAccess. Visit this website at: http://coinatmradar.com/

Use this map to help find Bitcoin ATM locations. The map also shows a variety of things including the fee charged by the machine, location, nearby amenities, type of machine, and type of transactions. New ATMs added here with the ‘Report ATM’ button. There are reviews of machines on this helpful website along with detailed descriptions of the companies and some news. Register an ATM here for increased exposure. Customers can stay informed of locations, fees and social media. Visit this website at: http://bitcoinatmmap...

Coinee Bitcoin ATM Map Bitcoin ATM map Coinee.net Using Bitcoin, Coinee wants to make money transfers across the globe easy and affordable for the underbanked. This website contains information about bitcoin ATMs and their manufacturers. Do you need to transfer cash around the globe? Use bitcoin ATM. Coinee will show you how much you can save compared to classic remittance services like Western Union. Feel free to use Coinee’s API with real-time ATM rates. This biz powered by http://bitcont.net/ Visit this website at: http://coinee.net/bitco...

Need even more Bitcoin ATM News? CoinDesk has you covered with the Bitcoin ATM news and their website offers yet another Bitcoin ATM map. Visit the news here: http://www.coindesk.com/technology/bitcoin-atm/ See the CoinDesk Bitcoin ATM Map to pinpoint where machines are located around the world. Visit the map here: http://www.coindesk.com/bitcoin-atm-map/

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Genesis Coin Inc. Located in San Diego, California, this company started in the spring of 2013. Genesis Coin is an ATM manufacturer which offers several different machines. The company’s core focus is on the emerging physical infrastructure market, which includes kiosks and 2-way ATMs. Genesis1 is the company’s main seller, a two-way machine with lots of options. The unit’s cost starts at $14,500 as the base configuration with modular upgrades up to $17,400. This machine also has the ability to print paper wallets a helpful feature that provides an instant cold storage option for all users. This ATM also allows the user to select the option

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of donating a percentage of the transaction fee to charity. • Cash dispensing cassette with a 1,700 note capacity upgradeable to 6,800 • 2,200 note cash acceptance magazine • QR code scanner • Thermal Receipt Printer • Optional Fingerprint Reader • Optional Magnetic/EMV Card Reader Soon entering the market is their newest machine the Satoshi1 which is a one-way machine, cash-todigital only. This second generation Bitcoin ATM is moderately priced at just $7500. The units bankgrade technology will operate in one-way mode allowing cash-to-digital transactions for up to three currencies Bitcoin, Litecoin, and Dogecoin. This new model meets or beats AML/KYC guidelines and the company offers an optional fingerprint reader. It has a large 21” screen and free updates for life.


The configuration of each machine falls under the total control of the operator. Including branding, advertising and fees, the operator can design the program to meet their needs. Both machines have the ability to transact business for Bitcoin, Litecoin and Dogecoin. The Genesis1 software runs over an encrypted private network to ensure all transactional data remains private and secure. For additional security, an optional fingerprint reader can be combined with 3rd-party AML/KYC platforms.

Backend Management

The backend software on these machines is robust and can track business in real time. Liquidity for cash sales to customers can be handled by preloading the machine and/or interaction with a cryptocurrency exchange. • Real time exchange price feeds • Fixed or floating ATM pricing • Configurable instant cash withdrawals under certain thresholds • Hardware and low liquidity alerts • Net profits are calculated hourly based on trade data Custom software allows for the branding and configuration of every aspect of this business. Genesis Coin charges the machine operator a 1% transaction fee on total exchanges. Genesis Coin has sold machines worldwide and has many in operation today including: 2 x Tijuana’s BIT Center, One machine is USD the other is Mexican peso 1 x Auberge Amerik Hotel in Quebec City 1 x West Coast Float in Whistler 1 x Brisbane 1 x Cyber Port, Hong Kong Visit Genesis Coin’s website at: https://bitcoinatm.com/

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Genesis1 Bitcoin ATM Deployed in Brisbane, Australia SAN DIEGO, CA - May 16th, 2014 The race to launch Queensland’s first Bitcoin ATM has come to an end with Australian company Bit2Bit rolling out what is believed to be Brisbane’s first machine on May 16.

wanting to be involved in the Bitcoin movement,” he said. “The currency has grown more than one thousand per cent each year for the past four years, and people are also starting to use it as an investment.

The Bitcoin machine, which is housed at The Roastery Café in South Brisbane, will be sent live on Friday allowing digital currency users to securely exchange hard cash for the cryptocurrency or vice versa.

“The ATM is a more effective tool to buy and sell Bitcoin compared to other methods because it’s a lot faster, safer and more convenient than using some sort of exchange.” Mr Carrall also said the possibilities of Bitcoin are endless and can be used for much more than buying a coffee.

Resembling a standard banking ATM, customers can register for a Bitcoin wallet via the machine within five minutes, use or sell Bitcoins at the market price, add currency to their virtual wallets by feeding in cash, and sell Bitcoins to extract money. The Roastery Café already accepts Bitcoin as alternative payment, meaning customers can pay for their coffee or cake via the world’s most popular electronic currency. Bruce Carrall, co-owner of Rouge Coffee, said the addition of Brisbane’s first Bitcoin ATM to The Roastery Café will make it easier and more accessible for everyone to trade in digital currency. “We’ve seen a surge of interest from the mainstream population

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“Bitcoin isn’t controlled by any external authority, which means no brokers, payment processors, banks, financial institutions or credit card companies taking a fee. “This makes Bitcoin attractive to people sending funds to friends or family overseas, and there’s also massive potential for online shopping and cheap, quick crossborder money transfers.” “I think we’ll continue to see a spike in the demand and value for Bitcoin as more and more ATM’s enter the market.” Bitcoin, which came into existence in 2009, is a digital cryptocurrency that allows peer-to-peer payments to be made online.

While one Bitcoin (BTC) is currently worth $AU 468.60, its value soared to more than $AU 1,000 in 2013. Bitcoin advocates say the system works because it is completely distributed and relies on trust in a mathematical algorithm, not in a bank. The Bitcoin network is made up of regular users who run ‘Bitcoin miners’, or powerful specialised computers, to process transactions and ensure there is no doublecounting. Bitcoin may provide an easier answer to international trading as it’s a global currency and can be accepted everywhere, while customers don’t have to worry about currency conversion. Customers can catch a glimpse of Brisbane’s first Bitcoin ATM at The Roastery Café, which is located at 25 Glenelg Street in South Brisbane. About Bit2Bit Bitcoin at your fingertips. Bit2Bit is an Australian company focused on solutions for the crypto-currency markets. For more information, visit http://www.bit2bit.co


General Bytes ATM Manufacturer Prague, Czech Republic

Features Unidirectional Eye catching design Highly secure Industrial quality Remotely manageable and upgradable Best value/price on the market - fast ROI Multilingual Multicurrency support AML/KYC integrated BATMTwo (Price per piece) 1 piece 3,000 USD 2 pieces 2,750 USD 3 or more pieces 2,500 USD

http://www.generalbytes.com/

General Bytes offers two fully operational machines the BATMOne and the BATMTwo with additional integrated AML/KYC. Pictured here is the BATMOne.

Highly secure solution • Terminal communicates with the server via HTTPS • Server communicates with cryptocurrency exchange and Hot Wallet No volatility risks • Purchases are made on cryptocurrency exchange at the time of the cash insertion • Exchange rate is updated every 30 seconds • Supported exchanges: Bitstamp. Supported hot wallets: Blockchain’s My Wallet, Bitcoind Remote management and monitoring • Terminal configuration is retrieved from the server. • Configuration and possibilities on the server: Online status, current cash box contains, exchange rate, cash transaction limits (per hour, per day, per month), customer behavior, performed transactions and their status. • Email notifications regarding certain events such as when transactions are performed or when a certain level of cash in the terminal has been reached. Remote software upgrade • Future software updates are distributed over the internet without need of user intervention. Additional server fee 0.5% of inserted cash (paid in BTC on the end of every month) BATMOne (Terminal) operates by communicating with the BATM server. The server-Terminal architecture ensures that the solution is highly secure and operational 24/7. The BATM server is not for sale, instead it is operated by GENERAL BYTES s.r.o. For operating the server we charge you a fee of 0.5% of all bitcoins sold by the machine on the performance of your terminal. The server fee is due to be paid every month. The server fee allows us not only to operate the server flawlessly and securely, but also incrementally improve the the quality of the server and the terminal by adding new features that customers like you request over the time. The server fee motivates us to keep your machine performing as best as possible even after the sale.

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Robocoin ATM Kiosk Manufacturer

Based out of Las Vegas, the Robocoin kiosk was one of the first two-way Bitcoin ATMs that entered the global marketplace. This ATM was launched into commercial operation at a retail Vancouver establishment in October of 2013. Robocoins kiosks are now operating in Japan, Australia, London, Israel, Singapore, Canada and the United States (Texas, California and now South Carolina). These marvelous machines feature two-way operation, cash-to-digital and digital-to-cash, plus, each machine includes substantial KYC and AML features. With an estimated cost of $15,000 to $20,000 this is currently the most expensive Bitcoin ATM on the market. However, the additional cost covers many important compliance features required for proper operation in the United States and several other locations around the globe. Robocoin software, coupled with bank grade hardware, was factory designed to operate legally within all US states and to meet federal financial compliance requirements. Customers using the Robocoin machine should appreciate the company’s efforts to secure those Bitcoin transactions from fraud and attack. The machines use biometric authentication technology including 3 authentication systems: telephone, PIN and vascular palm vein biometrics.

Robocoin Machine

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Robocoin’s enrollment requirements offer customer visibility and enable operators to comply with Anti Money Laundering and Know Your Customer regulations. Customer profiles include information gathered from Driver’s License/ID scans, a live matched License/ID photo taken by the kiosk camera, and further identification using the palm vein scanning technology. All of this information helps to confirm a customer’s identity and even provide proof of residency for KYC requirements. Using the Robocoin software, the machine operators have the ability to identify customers via the dashboard and to approve or deny any unsavory characters. For easier international use, all of the Robocoin security features can be enabled or disabled individually by the onsite operator. Their account software allows users to monitor accounts online from anywhere in the world.


In addition to the unique compliance features, these high end Robocoin machines also now create a linked Bitcoin cash network that operates online and through a physical presence. The company is now calling the kiosks “branches” and the machines not only handle cryptocurrency operations but also money transfer services. As of June, Robocoin had branches in thirteen different countries. A “branch” is considered a Bitcoin ATM with the new additional money transfer features. Robocoin permits fund transfers between branches to anyone, using only their phone number. Even if the customer is new, the transferred money will be arrive and be able to get picked up through the local Robocoin machine after local registration. The transaction is identified by the phone number. Robocoin online accounts are open for trade from any branch thus a transfer from one branch could be picked up at any other branch only moments later.

This could be a game changing technology for the global remittances industry which now accounts for $500 billion in transfers a year.

Robocoin has a 24/7 team of people working to match the face of the customer using the kiosk to the face on the ID given during first time use. Each unit has a high speed thermal printer, palmvein scanner along with a dedicated ID card/passport scanner. A dedicated bar-code scanner and magnetic card reader are also a part of this package. The kiosks have privacy shields on the touch screen and are WiFi, ethernet and 3g capable. The palm vein scanner is a great identifying metric. This data can uniquely identify customers but is a useless metric outside of the Robocoin Kiosk. There currently is no palm vein database in the world. For further protection of customer accounts, only the Bitcoins needed to maintain operational liquidity are stored in the machines’ hot wallets. The bulk of funds are protected and are stored in a secure offline system. Sending money to friends and family is now as easy as typing in a phone number, even if the recipient doesn’t have a Robocoin account they can still receive money. Robocoin machines are now in operation across 13 different countries and accept transactions in at least 12 separate national currencies and one machine can hold upwards of $500,000 in cash.

Helping to protect against theft and fraud, these powerful kiosks use biometric authentication technology and require three factors of authentication - phone, PIN, and palm-vein A positive feature of the Robocoin “branches” is that money sent from one party to another is an instant transaction. Unlike banks and expensive money transfer services, the amounts transferred through these machines don’t require a large fee or a lengthy wait for network confirmations, ATM receipts, or bank wires. Customers can insert bank notes and instantly the amount is credited to an on-screen balance. That balance can then be instantly withdrawn from any branch machine.

Robocoin online accounts are open for trade from any branch.

Hardware included: • Two Cash Dispensers (2200 Bills Each) • One Cash Acceptor (2200 Bills)

The new Robocoin purchase options means additional funds upfront but zero ongoing operator fees.

Starting in July, Los Angeles Bitcoin users will have the ability to buy and sell through Robocoin branches. New California locations are opening s at two Locali Conscious Convenience stores: one in Venice and one in Hollywood. These machines are operated through ExpressCoin. The company include eight team members, six of them are engineers, operating from a downtown Las Vegas office. Robocoin kiosks are manufactured in the US.

In the hopes to further nurture Bitcoin adoption and Robocoin kiosks are delivered with a top of the line bulk availability, the company has begun offering a new cost/ cash dispenser, bulk cash validator/acceptor. purchase solution for operators.

July/August 2014

Option 1: The older purchase price of $20,000 + 1%

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ongoing total fees on transactions. Option 2: The newest selection $20,000 + $10,000 lifetime license + 0% ongoing fees. 1. Robocoin Branch Locations 2. BG-KIOSK3, California, United States 3. KIOSK-1, Venray, Limburg, The Netherlands 4. RobocoinItalia, Florence, Tuscany, Italy 5. Genesis1, London, England, United Kingdom 6. Downtown – Handlebar, Austin, Texas, United States 7. Dominican Joes, Austin, Texas, United States 8. The D, Las Vegas, Nevada, United States 9. The Bumblebee Exchange, Toronto, Ontario, Canada 10. Kiosk 1, Hong Kong, Kowloon, Hong Kong 11. Coinage, LLC, Mountain View, California, United States 12. KT-KIOSK1-Pho247, Vancouver, British Columbia, Canada 13. Spitfire, Seattle, Washington, United States 14. WEM - Entrance 50, Edmonton, Alberta, Canada 15. Bitcoin Spain. Coming Soon. Madrid, Community of Madrid, Spain 16. Kiosk 1, Auckland, Auckland, New Zealand 17. Central Texas Gun Works, Austin, Texas, United States 18. CoinBob Dallas, TX. Irving, Texas, United States 19. wBTCb, Prague, Hlavní město Praha, Czech Republic 20. Kiosk 1, Sydney, New South Wales, Australia 21. JH-KIOSK1, London, United Kingdom 22. JH-KIOSK 2, London, United Kingdom 23. Kiosk 2, Fitzroy, Victoria, Australia 24. Waves Vancouver, Vancouver, British Columbia, Canada 25. Singapore, Singapore 26. London Vape Lab, London, United Kingdom 27. JH-KIOSK 3, City Centre, United Kingdom 28. Bucharest, Romania 29. Minato, Tokyo, Japan The Robocoin offices are located at 150 N. Las Vegas Blv. #1912. Las Vegas, NV. 89101 Proprietors are Derek Stevens and Jordan Kelley. Visit this company’s website at: http://roboco.in/

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Moolah ATM ATM Manufacturer This company is in the process of completing a new model of Bitcoin ATM. The final cost of the units is around $2,199 USD. These are reported to be twoway machines permitting both buying and selling of Bitcoins. The unit features: • NV11/NF bill acceptor with full recycling capability • Intel NUC, 2GB RAM, 30GB SSD. (x86 platform, Windows 8.1) Windows 8.1 • Thermal printer • 7 inch touchscreen • Small form factor enclosure Delivery of these new machines is scheduled for July 2014. For updates and information, please visit this compay’s website at: https://moolah.io/atm

Nautilus Hyosung ATM Manufacturer Nautilus Hyosung is the top bank ATM manufacturer in Korea and also holds a large share of the world market. The company has an agreement and joint venture with South Korean exchange service Coinplug. Coinplug has installed a two-way machine manufactured by Nautilus Hyosung in the Coffee Sedona cafe which is located in the basement of the Coex Mall. This is one of Korea’s largest shopping malls near the Intercontinental Hotel in the Gangnam district. It’s important to note that while the machine came from Nautilus Hyosung, the payment module software operating inside the unit was created by Coinplug. The unit provides two-way service delivering both cash-todigital and Bitcoin-to-cash transactions. More Nautilus Hyosung Bitcoin machines are planned for Korea in the months ahead. It is reported that the Coinplug ATM does not require or collect any biometric information on the user and no ID is required. The unit has a low daily maximum transaction limit of 3 x 300,000 KRW (3 x $280usd) total per day. Visit the company’s website at: http://www.nautilus.hyosung.com/english/index.jsp


Project Skyhook ATM Manufacturer Skyhook produces the first open source commercial Bitcoin ATM available for under $1000. This is a one-way machine, accepting cash and vending Bitcoin. The commercial units were launched in May and since then the Portland, Oregon company has shipped 150 units stating that 70 had been shipped in June! Because of its low cost, the Skyhook machine is unique and offers a portable alternative to other well known market brands. The company now aims to sell 1,000 units before the end of this year. The concept behind the Skyhook machine is to build a low-cost ATM using open-source hardware and software. Small and light, the Skyhook ATM also makes it simple for any size cryptocurrency business to quickly become a Bitcoin exchange service.

automatically. The software then adds a percentage and minimum price protection. This allows an ATM operator to earn a profit while being protected from price volatility. The ATM source code is free, open source and can be audited. Skyhook hosts the code on Github, and just like the Bitcoin blockchain there is a public log of every change. Operators are invited to create new features. The brains of the unit is a Raspberry Pi it’s a lightweight ARM distribution of Linux tethered to a Nexus 7. The company’s offices are located at 3519 NE 15th Ave, Ste #350, Portland, OR 97212 To learn more, please visit this company’s website at: http://projectskyhook.com/

The price of Bitcoin sold from this unit is automatically set through major cryptocurrency exchanges at the time of the transaction. Operators have the option to set a fee based on a percentage rate and a minimum price if so desired. Skyhook is easy to set up, and the unit comes with a step-by-step operator’s guide. All you need is a power cable, a wired or Wi-Fi connection, and some Bitcoins. A touchscreen graphical interface makes transactions painless. A quick scan of the customers QR code and the purchased Bitcoins are sent instantly to the Bitcoin wallet. Skyhook is the lightest commercial Bitcoin ATM. The unit is very secure offering a durable security mounting plate which allows it to be permanently attached to its location. Skyhook ATMs can accept dozens of national currencies including US, Canadian, Australian, Euros, Yuan, Argentenian Pesos, and others. A Spanish language version is also available. The Skyhook ATM connects to major Bitcoin exchanges and sets the market sales price

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Tembusu ATM ATM Manufacturer The Tembusu Virtual Currency Vending Machine offers one-way operation, it accepts cash and delivers Bitcoin. The platform contains an intuitive full touchscreen interface for easy operation, and the machine also offers physical security and anti-theft measures.

Tembusu Terminals Pte Ltd is a joint-venture between Estates General, a crypto-currency research and consultancy firm, and Red Steed Studios, a software and hardware development studio.

The company has stated that a two-way machine is planned and will be launched soon. Tembusu is based in Singapore and the machines are also manufactured there. The ATMs designed and created by Tembusu are fully customizable according to the regulatory environment of the machine’s operator. This new machine features KYC and AML protections such as a thumbprint and ID scanner. These machines can be purchased online for $6599. USD and include the following. • 19” HD Touch Screen • 80mm Thermal Printer • 600 - 1200 capacity multi-currency cash acceptor • Realtime BTC price updates • Dimensions: 1.7m x 0.6m x 0.5m, 50kg • Sleek and slim steel enclosure • 300W Max power consumption • Automatic software updates • Remote Management Interested parties are greatly encouraged to contact Tembusu Terminals directly through the company’s website. http://www.tembusu.sg/ The company’s offices are located at: Tembusu ATM, Maharajah Boat Quay, 41 Boat Quay Singapore 049830 The Virtual Currency Vending Machine from Singapore

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BTCPoint ATM Manufacturer BTCPoint is startup employing hardware designers, electronics and computer engineers. The company operates out of Barcelona, Spain and is focused on developing Bitcoin related systems and hardware. BTCPoint offers: • Design, manufacturing and management of Bitcoin ATM machines. • Analysis, design and manufacturing of electronics hardware, including Bitcoin related technologies. • Design, manufacturing and management of Bitcoin and cryptocurrency related GPU/ ASIC investments. • Design and management of electronic payment systems, including Bitcoin Integration. BTCPoint has developed two-way machines that allow both buying and selling of Bitcoin for cash. These ATMs are autonomous and do not require any operator assistance in the daily exchange of currencies. • Accepts notes over 180 countries • Supports most currencies worldwide, including EUR, USD, GBP, JPY, AUD, CAD, HKD, CHF, XAF… • Includes remote administration software • Compatible with multiple popular cryptocurrency exchanges • License Free • Operator adjusted fees • Note recycler These machines are manufactured with strong steel and secure locks ensuring the security of both the hardware and the currency notes. The installed operating software has been checked and audited by security experts. The ATMs manufactured by BTCPoint have a starting price of 7500 Euro. The price does not include taxes or shipping. A discount is available for purchasing multiple machines. Visit this company’s website at: http://btcpoint.org/ Offices are located at BTCPoint, C/de Novell 68, Local. 08014 Barcelona Spain, +34931645921

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Numoni AVM Manufacturer and Operator With base operations in Singapore, Numoni is a micro-transaction processing company providing cash-intoaccount payment services for the unbanked population. The company manufactures a popular AVM or automatic Bitcoin vending machine called the Numoni Nugen B2 Spirit. These machines were originally developed by Numoni in Singapore and are assembled in Malaysia in the Senai location. The NUMONI Bitcoin AVMs can be linked to several global Bitcoin exchanges permitting the customer to transaction at the best available public price. These are two-way AVM machines that permit both buying and selling of Bitcoin, however, Numoni has chosen not to implement the Bitcoin-to-cash operation in Singapore or Malaysia. Along with four prominent AVM locations in Singapore, Numoni has also installed Bitcoin AVMs in Bangsar Shopping Centre in Kuala Lumpur and at Gurney Plaza in Penang. The company sees a big future for Bitcoin in Asia and during 2014 hopes to install 10 Bitcoin AVMs nationwide and 100 more AVMs within three years. Numoni appointed BTC Future Sdn Bhd for distribution of Bitcoin AVMs in Peninsula Malaysia. The sophisticated AVMs accept any of 22 fiat currencies and operations are fully encrypted with banking industry security. The Bitcoin AVM reads a QR Code and completes the purchase with the customer inserting the cash into the machine. Along with Bitcoin cryptocurrency, Numoni machines can be deployed to sell prepaid airtime plus other telco related voucher products. Numoni has machines installed in locations around Southeast Asia. Visit this company website at: http://www.numoni.com/ (From left) BTC Futures Sdn Bhd managing director Marcus Leng, Sit and Numoni Pte Ltd business development manager Zach Luo during the launch yesterday. (Photo courtesy The Borneo Post)

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Bit-Wallet ATM Manufacturer Bit-Wallet is the first Italian Bitcoin vending machine manufacture. This ATM project has been designed and created in collaboration with CoinCapital Italy’s first cryptocurrency consultancy agency. CoinCapital started in 2013 and brings together a team of cryptocurrency industry professionals. The company’s goal is ‘to provide quality services’ tailored to clients’ needs for new technologies based on decentralized and open source systems. The company also engages in lobbying and advocacy activities. Bit-Wallet is a unique instant solution for those who want to be a distributor of Bitcoin in Italy. Using a BitWallet ATM and a valid Bitcoin transaction address, consumers are able to immediately buy Bitcoins using cash in just a few simple steps. The Bit-Wallet ATM’s total weight (minus cash) is 20kg and the cash reader can be programmed to accept any popular paper currency. Like many other Bitcoin ATMs, this machine connects to the Internet via Wi-Fi. This innovative new brand of Bitcoin ATM is now tested and ready for shipping from Italy. The price for a Bit-Wallet one-way ATM is €3,100 (plus sales tax and shipping) making it fairly competitive with market rivals. Bit-Wallet will ship orders anywhere in the world, providing local regulations do not restrict the machines. Prices for the two-way version of the ATM are available from Bit-Wallet on request. The Bit-Bidirectional Wallet permits customers to both buy and sell Bitcoins through the terminal. This two-way machine is currently under development and the company can provide more information. The cost of this unit is low compared to other popular machines. Total cost of 3,100euro plus IVA and shipping. • • • • • • • •

Monitor 10” One-way transactions cash-to-Bitcoins Built in high quality camera Wi-Fi Antenna Programmable cash reader Size 45cm x 50cm x 40cm Weight 20kg 3,100 € +IVA and Transportation

The machine’s small size and small price could allow it to capture a nice size segment of the marketplace. These ATMs are now moving to Rome for installation in working locations. http://www.bit-wallet.it/english/

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LocalBitcoins ATM Operators and Manufacturers In February, LocalBitcoins introduced the LocalBitcoins ATM. These are two-way machines permitting cash-to-digital and digital-to-cash. By default these machines do not require an Internet connection and the cost to manufacture the machines is reported to be about half of the cost of other popular ATM machines.

Adv ertisin g Space Availab le Contact: [email protected] Skype ‘digitalcurrency’

Consumers buying Bitcoin receive a redeemable code for the amount of the fiat purchase. This code is then redeemed for actual Bitcoins on LocalBitcoins.com. The exchange rate is floating and can vary per machine. Selling requires Bitcoin from a user’s LocalBitcoins wallet. The sale is processed and the user receives a deposit code for an amount of fiat currency. The user inputs that code into the ATM and receives cash. The machines can be programmed to efficiently process over 100 supported fiat currencies. Each machine is also equipped with a bank note recycler. ATM’s are manufactured in Finland and first two are installed in Helsinki. The price for the first batch model was 1990 EUR + VAT. This particular ATM concept was originally developed by bitcoinkiosk. com. LocalBitcoins.com bought the entire package in late 2013. Learn more about the marvelous machines here: http://localbitcoins.blogspot.com.... The first two LocalBitcoin ATM machines are located at: Localbitcoins.com ATM Iso Roobertinkatu 2 00120 Helsinki Finland Localbitcoins.com ATM Ravintola Kynsilaukka Fredrikinkatu 22 00120 Helsinki Finland

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Lamassu A Leading Manufacturer of Bitcoin Vending Machines (ATM)

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Lamassu manufactures a one-way Bitcoin ATM that transacts cash-to-digital. The machine was unveiled in May at the Bitcoin 2013 conference in San Jose, California. The company has also recently emerged with a matching “stand” for the machine that offers a note dispenser that, when coupled with the ATM, permits two-way operation. When the new stand accompanies the main Lamassu unit this operation permits both cash-to-digital and Bitcoin-to-cash. The company run their operation from New Hampshire but manufacturing is completed in Portugal.

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Because they are simple and fast to use, the machines are very popular with operators and Bitcoin customers. Unfortunately, simple and fast also means the machines do not provide any first party compliance measures (AML/KYC) such as an ID scan or facial recognition. The company has stated it is working to add these additional features. Buying Bitcoins from one of these sturdy machines generally takes only about 15 seconds. Bitcoin Machines are priced at: $6,500 USD for one 1-9 units. $5,500 for 10 units or more.


Another bonus for ATM operators using the Lamassu machine is its lack of an operating fee. Many other machines, such as Robocoin, charge the operators a fee on the total transaction amounts. Here is the fee schedule for some machine operators. • BitAccess - 1% of total • Genesis 1 - 1% of total • Robocoin - 34% of fees with a minimum of 1% of total • Lamassu – 0 - No fee Lamassu began accepting ATM pre-orders in August 2013 and shipped the first units in October. Another 25 units were shipped in November, then in late December

it was announced that 100 machines had been sold. In April 2014, CoinDesk reported that Lamassu had now sold over 220 machines. In May 2014, Lamassu debuted the new ATM “stand” that allows customers to exchange Bitcoin-to-cash, enabling two-way ATM transactions through its units for the first time. This new “stand” is part of a modular system which allows existing one-way ATM operators to add a digital-to-cash platform using the stands built in Santo Tirso bill dispenser. The stand holds up to 1,000 notes in fiat currency

Lamassu has set up an online map of bitcoin ATM locations that will be updated as new units go live across the globe. https://lamassu.is/maps/

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• Nimbin, Melbourne, Queensland & New South Wales, Australia • Halifax, Nova Scotia • Wanchai, Hong Kong • Tel Aviv-Yafo, Israel • Taipei, Taiwan • São Paulo, Brazil • Udine, Italy • Dublin, Ireland • Helsinki, Finland • Berlin, Germany • London, United Kingdom • Bratislava, Slovakia • Vancouver, British Columbia • Singapore • Harvard Square, Cambridge, MA • Albuquerque, New Mexico • Boston, Massachusetts Each of these locations may have a separate business or individual that owns the machine and operates the deposit/exchange business from that local area. Visit this company’s website at: https://lamassu.is/ denomination. Lamassu gives the option of purchasing a sleek stand for the following prices • 1-4 stands - $1,600 • 5-9 stands - $1,450 • 10-99 stands - $1,300 The new machines are available with an industrial 10” screen. Here are the key features: • Fiat to Bitcoin in about fifteen seconds • Accepts notes from over 200 countries • Supports leading exchanges, wallets and price feeds • Coded and audited by network security experts • Internal steel vault is securely bolted to wall, stand, or countertop • Web-based back end • Sub-second QR code scanning • License-free • Compact desktop size (35.6cm W x 48.1cm H x 26.9cm D) As of May 2014, Lamassuu machines are operating in many locations including the following:

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Founded in November 2013, BitAccess is a privately held company headquartered in Ottawa, Ontario, Canada. BitAccess Inc. produces one of the world’s leading Bitcoin Automatic Teller Machines (BTM). It was reported in January 2014, that the Canadian Bitcoin investment group, BiT Capital has committed $10 million of seed funding to BitAccess and that the money is being gradually invested over a period of 1-2 years. BitAccess manufactures the BTM and the company’s goal is to eliminate existing technology barriers and build solutions that are easy-to-use for both consumers and operators. The company promises to develop technologies that are secure, accessible and easy-to-use. The BTM offers two way operation, Bitcoin-to-cash and cash-toBitcoin. These machines are also capable of generating a new wallet for customers. In mid-June it was announced that BitAccess had joined California-based startup accelerator Y Combinator’s Incubator. The Y Combinator dearl includes $120,000 for a 7% equity share in BitAccess. In past years, Y Combinator has backed Coinbase and Buttercoin. BitAccess manufactures all its own hardware and developed their own Linux-based operating system exclusively for BitAccess BTMs.

BitAccess

80, Aberdeen Street, Ontario, ON K1S 4M7 Canada

ATM Manufacturer The units employ AML and KYC and the BitAccess The BitAccess BTM starts with the ‘Recycler’ model machine is equipped with an ID scanner, SMS at $12,000 USD, but can be upgraded to the ‘High verification and a webcam for customer identification. Capacity’ model for $15,000 USD. Benefits to using a BitAccess BTM include advanced ID verification technology and local manufacturing • Cash acceptor of 1000 notes (International facilities. Denomination) • Bank grade counterfeit currency detector It’s been reported that BitAccess has installed Bitcoin • 80 note bill recycler (for less cash calls) BTMs in half a dozen countries around the world and • Established relationship with exchange they intend to launch at least a dozen or more over the • KYC and AML Compliant next few months. Ottawa’s first machine was a BitAccess • Multiple digital currencies such as Litecoin BTM. This machine is located at: 89 Clarence St, Ottawa, • QR code scanner Clocktower Brew Pub. • ID Scanner • Webcam for facial recognition The BitAccess machine is the only one on the market • SMS Verification which has a note recycler. This set up permits notes to • In house and propriety hardware and software be distributed by the machine which may have only expertise moments earlier been inserted to buy coins. • Support & Warranty • Leasing option Each day, the BitAccess BTM assesses the operator a 1% fee on each transaction paid in Bitcoin. BitAccess On April 9th, BitAccess co-founder Haseeb Awan explains the machine transaction fees. presented the BTM’s unique ability to the Canadian “Unlike a traditional ATM, there is no fixed fee charged Senate’s Standing Committee on Banking, Trade and by the BTM. Instead, BTMs charge a calculated rate Commerce. The Senate of Canada’s Committee on per Bitcoin, generally combining a market rate with Banking, Trade and Commerce has just begun an a specified markup, so the displayed rate may be 18-month long study on digital currencies including higher than what your wallet software or Bitcoin price Bitcoin. Visit this company’s website at: calculator of choice says. The markup amount, as well http://www.bitaccess.co/ as the base exchange used (which will itself vary), is at the discretion of the third-party operator. As such, the Bitcoin will vary BTM to BTM.”

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An example of the the simple process to fund a Bitcoin wallet through the BitAccess BTM

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Example screens for wallet funding (not an actual exchange)

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SBEX and BitAccess are deploying a Bitcoin ATMs network in Switzerland Press Release – 18 June 2014 SBEX SA and BitAccess Inc. are proudly announcing a partnership for the deployment of a Bitcoin ATMs network within Switzerland. Both companies have been actively collaborating since several months on the BitAccess ATM prototypes. The first permanent Bitcoin ATM was installed in Geneva earlier this year in a local restaurant where Geneva Bitcoin enthusiasts are also gathering. Since its first deployment, the BitAccess ATM in Geneva has attracted a lot of attention in the financial industry. It was also showcased several times at the Geneva Internet Platform hosted within the United Nations premises. The first round of 10 ATMs have been shipped from Canada to Switzerland. Moe Adham, co-founder at BitAccess Inc. : “This partnership is a key milestone for BitAccess. Building our presence in the heart of Europe was crucial in order to continue the deployment of our ATMs more closely to our customers. Switzerland is a important choice for the proximity with all major financial and international institutions.”

The announcement follows the admission of SBEX SA as a financial intermediate within the Self-Regulatory Organization (SRO), Association Romande des Intermédiaires Financiers (ARIF). Prior to this admission, SBEX SA has mandated KPMG for its financial and anti-money laundering auditing. The admission process has been submitted by the ARIF to the Swiss financial regulator FINMA that has confirmed the need for Bitcoin brokerage activities to respect AML regulations and undergo registration with a SRO. The FINMA also recognizes crypto-currencies such as Bitcoin as valid means of payment. Furthermore, this implies companies accepting deposits in crypto-currencies from their clients should apply for a banking license in full analogy with fiat currencies. Alexis Roussel, CEO at SBEX SA: “This acknowledgment from the Swiss regulator FINMA opens fantastic opportunities for crypto-currencies in Switzerland. It creates a stable environment where it is clear what can or can’t be made. The whole team is excited by this news!”

SBEX SA is a Swiss based cryptocurrency broker. It is developing several financial services around crypto-currencies with its partner DigiThink SA, a Bitcoin specialized consulting company. Founded in February 2014, SBEX SA is part of the DigiCapital Holding headquartered in Neuchâtel, Switzerland. BitAccess Inc. produces the world’s leading Bitcoin Automatic Teller Machine (BTM). Its machines allow anyone to deposit cash and instantly receive a digital wallet containing the equivalent in the Bitcoin cryptocurrency, or do the reverse and exchange Bitcoin for traditional currency. Currently, BitAccess already has installed Bitcoin ATMs in half a dozen countries, with dozens more launching in the next few months. Founded in November 2013, BitAccess is a privately held company headquartered in Ottawa, Ontario, Canada. SBEX contact: [email protected] http://www.sbex.ch BitAccess contact: [email protected] http://www.bitaccess.ca

Coindesk is reporting that as of June 20th, Swiss financial regulators have granted SBEX permission to launch and operate a Bitcoin ATM network in Switzerland. SBEX has applied for a money transmitter licence and has been accepted as a member of ARIF, the Association Romande des Intermédiaires Financiers, a non-profit organisation regulated by the Swiss Financial Market Supervisory Authority (FINMA). SBEX expects to open a web brokerage and operate as many as nine more Bitcoin ATMs by the end of 2014. * Swiss Regulators Give Green Light for Bitcoin ATM Network, Joon Ian Wong (@joonian), June 20, 2014 http://www.coindesk.com/swiss-regulators-give-green-light-bitcoin-atm-network/

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Cash2BTC ATM Manufacturer Digital Asset Vending Enterprises (D.A.V.E) are offering a new machine known as Bitcoin D.A.V.E This machine is sold as a kit! It is a two-way machine supporting a variety of currencies for both buying and selling digital assets such as Bitcoin. Units are priced around $2,000 USD. Features include: • Retail Digital Assets with an easy to use android kiosk • Use Blockchain.info’s wallet api and control your own wallet • No compromise in ease of use and functionality. • Connect to a variety of hardware options • Our Kits have 0 custom hardware and contain all over the counter parts! This DIY-Build Your Own Unit comes with the following items. • Google Nexus 7 Enclosure • Mount • Side mount validator housing for upstacker validator

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• Nexus 7 • Pyramid acceptors • Miscellanous mounting+power/cable management • Zerba printer For just $50 anyone can purchase the Android app from Cash2BTC Bitcoin Dave. This is a vending machine type app for selling/distributing cryptocurrency such as Bitcoin and Dogecoin. It’s available on Google Play https://play.google.com/store/apps/.... Cash2BTC is also rumored to have been marketing a very attractive low price briefcase sized Bitcoin dispenser. Visit D.A.V.E.’s website at: http://www.cash2btc.com Detailed product assembly and deployment information is available from the website. Click the image below to land on the download page or visit this address: https://cash2btc.com/assets/img/Cash2BTCsetup.pdf

AutoCoinage ATM Manufacturer & Operator As of May 2014, this Canadian company began operating several one-way machines in the Montreal area. These machines accept cash and distribute Bitcoin. Project Skyhook ATMs were purchased then updated for local use in Canada and are now known as Autocoinage Bitcoin Teller machine or BTMs. More units are planned around the Montreal and Ottawa regions, including a two-way machine. No registration is required for consumers to use these machines and management is proud to offer customers a very low competitive commission fee. Machines are based on open source development. The company has plans to launch a new in-house design in the future. Company address is Côte-des-Neiges, 5623 Chemin de la Côte-des-Neiges, Montreal, Quebec H3T1Y8 , Canada ATM Locations (1)Montreal Downtown Next to Concordia University; exit of Guy or Peel Metro, 1424 Rue Bishop, Montréal, Quebec, Canada (2)Côte-des-Neiges Exit of Côte-des-Neiges Metro, 5623 Chemin de la Côte-des-Neiges, Montréal, Quebec, Canada Visit this company’s website at: http://www.autocoinage.com https://twitter.com/AutoCoinage

Very nice AutoCoinage merchant decal.

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Do It Yourself Bitcoin ATM $645 July/August 2014

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Open Bitcoin ATM (Kit) DIY ATM Kit Open Bitcoin ATM is the world’s first open-source automated teller machine. It can be used for trade, education and experimentation. There is a complete DIY step by step tutorial available and can be completed in about 7 – 10 hours with simple tools. The cost of components is less than $650 new, however, used parts can be purchased for even less on eBay. The website describes the transaction process: Open Bitcoin ATM transacts Bitcoin with prerendered QR codes stored locally on the machine. While there are tradeoffs, this approach has important advantages: 1) Significantly reduces cost and complexity of ATM platform. 2) Eliminates security, performance, latency, and uptime risks associated with a network connection. 3) Makes transactions very fast and convenient (no need to access blockchain with every transaction). 4) Allows for ATM operator to mitigate risk of Bitcoin currency fluctuation. 5) Mitigates risk of loss due to theft. While the QR codes are pre-rendered and stored on the ATM, the BTC value is not. This means the wallet value can be updated anytime before the QR code is dispensed.

Kit requires intermediate soldering skills and familiarity with the Arduino platform. Specifications: • • • • • • • • • • • • • • •

Size: 10 x 10 x 10 (inches) Case: Acrylic and Aluminum Operating Temp: 5C ~ 50C Non-condensing Operating Humidity: 10% ~ 80% Paper Roll Diameter: max 39mm Printing Speed: 50-80 mm/s Power: 110-220 V 1.5 Amp Currency (in): US Dollar Crypto-currency (out): Bitcoin, Litecoin, Feathercoin, Dogecoin Network connection: none Sensor Array: 8 Optical Sensors, one Magnetic Head Microcontroller: ATmega328 (Arduino Uno) Clock Speed: 16 MHz SD Card Interface: FAT16 or FAT32 formatting Fasteners: tamper-resistant spanner screws

http://openbitcoinatm.wordpress.com/ Open Bitcoin ATM kits are now available for $645 + shipping & taxes. (US and Canada only). http://openbitcoinatm.wordpress.com/purchase-kit/

For further precision and control, QR code inventory may be time boxed (future dates and times) and the BTC value assigned according to the spot rate just prior to the time box. This is a convenient way to mitigate exchange rate risk. Buy the available kit or build one from scratch. Either way, this is a great pioneer style unit for trade and experimentation.

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Flycoin Kiosk Manufacturer Launched in 2000 and based in Portugal, PARTTEAM GROUP & OEMKIOSKS operates in the following critical business arenas: • • • •

Multimedia interactive systems Industrial production Graphic design and advertising Engineering and telecommunications • Web based application development • Software development The business is a leading provider and manufacturer of multimedia and interactive kiosks along with digital signage billboards and totems. Clients include companies in banking and insurance, industry manufacturers, education, tourism and hospitality, sport and leisure, telecommunications, public government, logistics and transports, aviation, shopping and retail, advertising, marketing and experiences, museums, exhibitions, construction and real state. Flycoin integrates technology that makes life easier and more convenient for consumers around the world. The kiosks are easy to use creating easier transactions, exchanges for digital money and content. TECHNICAL FEATURES • Tablet or PC based • QR Code Scanner • Thermal Printer • Bill Validator (dispenser as option) PARTTEAM GROUP PORTUGAL • Webcam or IP camera (optional) Rua Nova Nespereira, Pavihão 10, 4770 - 287 • Any OS (Windows, Android, Linux, etc.) Lagoa . VN Famalicão, Portugal • The Brain - Remote Control (optional) • Fingerprint scanner (optional) • Credit Card reader & Pinpad (optional) • Security Pinpad Access control (optional) • Proximity sensor (optional) • NFC reader (optional) • Barcode Scanner (optional) • Wired or Wireless connection (as option - wireless, Gsm) • Choose any RAL color • Small footprint (aprox. 350x400x300mm ) Visit this company’s website at: http://www.flycoin.net/index.html

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Diamond Circle ATM Manufacturer & Distributor Diamond Circle is payment network for both fiat, crypto-currency storage and exchange. The Company’s products facilitate instant payments in a safe and secure manner globally. The company offers a two-way BTM that is available for purchase and distribution. Benefits to Distributors and Merchants • Accept Bitcoins in-store and from mobile devices • Earn Commission for accepting Bitcoins on

The Diamond Circle Bitcoin ATM (BTM)

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• • • • •

Purchases Earn Commission by providing Cash Out facilities Earn Commission by selling our Bitcoin Debit Cards Earn Commission on card use across our network Earn Margins on the sales of our Bitcoin ATM’s and Merchant Solutions Automatic currency conversion

Additional BTM Network Features • Accepts Visa and MasterCard credit cards. (chargebacks are not applied to operators) • Issues Bitcoins on a contactless card (Bitcoin Wallet contains encrypted private key and public key for use with mobile phones) in Cold Storage. • Attractive hi-definition touch screen display 32 Inch, stylish design on a small foot print. Sponsorship and White label branding options are available. • Simple to use, no need to empty cash, sell cash for Bitcoins and then top up the hot wallet with Bitcoins over and over again. • Anti-money laundering (AML) and Know Your Customer (KYC) processes are embedded, variable by region. • Customers can check balances and top up anytime and this system is fully compatible with our upcoming Merchant Point of Sale Solution • Sends Bitcoin to any address via Portal • No back end and nothing to configure, just specify the receiving address we provide, receive monthly reports and SMS alerts (paper out, jams, low consumables). • Portal Dashboard will be ready before dispatch. • Fast and Secure • Receipt issued contains paper backup of private key. Private key is not stored in our database. Bitcoins transferable to any online wallet. • All transactions are visible on blockchain.info • Pays you income* on every fiat to btc and btc to fiat transaction conducted at the machine, Merchant POS and at our online exchange.


• The operator is responsible for machine servicing (replace paper and add supplied contactless cards). Operator costs are: location costs (rental), insurance, power and internet. • Diamond Circle’s responsibilities are network provision, customer service and supply of Bitcoins and fiat on our exchange. • Machine is covered by a full 12 months parts replacement warranty. *Excludes balance inquiries. • Available now - Allow 6-8 weeks for delivery. • Distributor inquiries are welcomed. Specifications: • CPU: Intel • Touch Screen: 32”, active matrix LCD, 1366 x 768, 6.7 million colors, MTBF 50,000 hours demonstrated, 204watts. • Unattended eftpos:PCI-PTS 3.x Certified, MasterCard® dual CAT Level 1 / CAT Level 2 capable EMV Chip, contactless and Magnetic Swipe • Receipt Printer: 200dpi thermal, Speed > of 180 mm/sec Cutter > 1,000,000 cuts, MTBF > 400,000 hours • NFC Reader/Writers: ISO14443A ISO14443B ISO15693 ISO7816 T=0 • Card Dispenser: Minimum of 400 cards. • Speakers with pre-amp • Requires a connection to the Internet with a static IP address. Cable connection recommended. • Dimensions: 1700mm(h) x 450mm(w) X 550mm(d). Base 600mm x 600mm • Weight: 65Kg • Construction: Steel • 110V/220-240V Diamond Circle offers a complete ecosystem for Bitcoins incorporating easy access and high security to prevent loss and fraud. Bitcoin BTM Prices 1-4 Units AUD $11,748 RRP 5-9 Units AUD $10,680 RRP 10+ Units AUD $10,146 RRP

Logicoins

The Logicoins Resort Project ATM Manufacturers & Operators Resort Based Bitcoin ATM and Exchange Services Logicians manufacture two-way multi-currency vending machines offering Bitcoin, Litecoin and Dogecoin. The first machine and pilot system for the project opened in April at West Coast Float - 7-4433 Sundial Place in Whistler, Canada. If the pilot project is successful, Logicoins hopes to install additional machines in major resorts all around the world. The company believes that Bitcoin ATMs at these locations could also allow users to book hotels and pay other travel related purchases using Bitcoin. The Logicoins resort project, being carried out in conjunction with ClickJett, a travel company. The Logicoins’ technology allows customers to complete real-time cryptocurrency purchases and sales through a live exchange. Transactions take place at the current trading prices for the time of the exchange. Limits on the machine are a maximum cash withdrawal of $500 and upward limits of $1000 per purchase. The machines come with an attractive custom-made wood housing. Standard features also include up to four different bill cassettes which would allow customers to insert various denominations of 5, 10, 20 and 50. The unit operates with an Amazon AWS hot wallet and is integrated with Bitstamp exchange. The Logicoin team will come to the buyer’s location and personally install the unit. The backend software works remotely and the machine can function alone without an attendant. The units cost is around $18,000 and that includes delivery and installation. The company charges an ongoing fee of 1% on all transactions amounts which ensures both software and hardware updates as they become available. Visit this web site at: http://www.logicoins.org/

Visit this company’s website at: http://diamondcircle.net/

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Visiting Vancouver? B r i ng y o u r B i t c o i ns D o n F r an c e sc o R i st o r ant e Dine at Francesco’s and enjoy 50 years of distinctive fine Italian dining. We accept Bitcoin. Burrard Street 860 V6Z 1X9 Vancouver 604 685-7770 http://francescos.com/

In d i a G at e R e sta u r ant Since 1977 the India Gate Restaurant has served warm, delicious Indian cuisine from their downtown Vancouver location. The restaurant owners always use the freshest ingredients creating rich, authentic flavored meals. The charming atmosphere is where patrons can feel at home and enjoy family hospitality. The India Gate Restaurant accepts Bitcoin and has a Skyhook Bitcoin ATM on location to serve customers and visitors. The menu offers a wide variety of dishes including Indian/Pakistani, Vegan, Vegetarian plus gluten free options. Large groups and events are always welcome. See you soon! 616 Robson St, Vancouver, BC V6B 2B9 Canada, 604-684-4617 http://www.indiagatefood.com/ India Gate has two restaurant locations. One here in Vancouver and one in Puerto Vallarta, Mexico.

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V an c o u v e r ’ s o n l y B i t c o i n g r o c e r y st o r e 799 Keefer St, Strathcona http://www.thewildersnail.com/ 604-216-0640 [email protected] Open Tuesday to Friday 8am – 7pm, Saturday & Sunday 9am-7pm

CoinOS is an open-source and completely FREE Point of Sale system built by co-op members. It provides merchants with a simple to use system for taking bitcoin payments and managing administration. Coinos.io offers a free open source POS for brick n mortar customers https://coinos.io/oldcountry

T h e O l d C o u nt r y P i e r o g i T r u c k

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The Bitcoin Co-op is a non-profit, consensus based association of individuals and businesses dedicated solely to spreading Bitcoin adoption. Currently it is free to join, with members contributing as little or as much as they wish. We use social power to provide incentive for businesses to accept crypto by hosting events and bringing media attention. Our grassroots approach has made Vancouver a leader in cryptocurrency, with dozens of businesses convinced across Canada. Look for us online to join the movement!

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Coinplug ATM Software Platform Manufacturer, ATM Operator POS Applications Korean language website Coinplug is a South Korean Bitcoin exchange and merchant software developer. The company offers a safe and easy way to buy or sell Bitcoin and accept POS Bitcoin transactions. Through one simple account, customers can access wallet software, a payment application, POS merchant applications and even ATM services. Currently the company has one ATM in operation and many more planned. This ATM operated by Coinplug is a converted fiat ATM machine. It offers both buying and selling of Bitcoin using Korean currency. Coinplug buys fiat bank ATM machines from Korean manufacturer Nautilus Hyosung then builds out the units for cryptocurrency operation. The payment module software operating the platform was designed and created by Coinplug. The business has also released apps for Android devices that including Bitcoin wallet, a trading app, and a POS system for merchants. Started in June 2013 and officially launched in December, this company is focused on the Korean and neighboring Asian markets. Coinplug is credited as the first company in Korean to offer mobile Bitcoin applications.

Coinplug applications are Android-only and available from the international Google Play store. In November of 2013, Coinplug Inc. received $400,000 in venture capital from Cupertino-based fund SilverBlue. Half of the funds were delivered in Bitcoin and the other half in dollars. In April, the company received another $400,000 in venture capital from venture capital firm Draper Fisher Jurvetson. Because of the outstanding exchange services, wallets and software offered through this South Korean company, it has been compared with the US -based cryptocurrency firm Coinbase. Through the Company’s website and mobile apps, it provides POS merchant services and national currency-to-digital exchange. Coinplug delivers 3 powerful Android mobile apps. • Bitcoin Wallet • Bitcoin Balance • Bitcoin POS These products are known for a high level of security equal to banking software. (Seoul Office) 24 Seolleung way to 153, Gangnamgu, Seoul (Shinsa) Nana 4,5 floor building Visit this company’s website at: http://coinplug.com/

The Coinplug website also features a handy map identifying merchants that accept Bitcoin using its POS software. This map is updated daily to include any new businesses, which Coinplug also supplies with Korean-language ‘Bitcoin accepted here’ window signs. The operating ATM has minimal KYC and AML technology in use, however, these items are available from the machines for jurisdictions in need of stricter adherence to local laws. The ATM exchange has the ability to operate unattended, however, Coinplug personnel are available during business hours.

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Pay MaQ Payment Systems ATM Manufacturers Spanish/English language website These are one-way machines for buying Bitcoin. In Spain the regulatory authority recognizes these machines as vending machines and they do not require any special licensing at the present time. Pay MaQ is credited with the first Bitcoin ATM in Barcelona in Spain. The first ATM is located in the Diagonal Mar shopping center situated in one of the main avenues of Barcelona and it opened in February. The address is: Diagonal Mar Centro Comercial Avinguda Diagonal, 3, Barcelona, Spain. The company is currently manufacturing more machines and intends to install ATMs in malls of Madrid, Valencia and Barcelona. Machine Features • It scans QR code from Bitcoin account. • Customer’s identification by introducing ID number. • It accepts all bank note denominations. • It accepts bank notes from different currencies. • It pays sell transaction in all bank note denominations. • Online connection with the exchange: Buy & Sell Bitcoins. • Secure: Strong construction, cabinet. • Online web server to monitor sales, bank note’s status etc.

Once the transaction is processed, a print receipt/ wallet is generated by the machine. The exchange prices fluctuate and are pegged to the market price from Bitstamp plus 3%. Third party operators are free to change the total fees per transaction. Machines sell for about 1,000 euro. Customers only need to enter username and password and insert the money. If they are not users, they can create a new “Bitcoin Wallet” in the ATM. Visit this company’s website at: http://www.paymaq.com

1st African BTC ATM

This group is bringing the first Bitcoin ATM to Africa! To be located in Johannesburg, Kyalami, South Africa. It’s a Lamassu machine. Follow their progress on Twitter.

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Bitcoin at your fingertips

Bit2Bit ATM Operator Currently one machine in Brisbane, Australia On May 16, 2014 Australian company Bit2Bit opened, what is believed to be, Brisbane’s first Bitcoin ATM machine. Manufactured by Genesiscoin, the Genesis1 machine is located in South Brisbane’s Roastery Café. This is a two-way machine that permits cash-to-digital and Bitcoin-to-cash. The Café is located at 25 Glenelg Street. C-Tick Logo Our ATMs are C-Tick certified and comply with the standard AS/ NZS CISPR 22: 2009 with Amdt 1 Visit this company at: http://bit2bit.co/

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Bitcoin Solutions

Resilient 21 Group

Canadian Bitcoin ATM Operators Edmonton’s leading Bitcoin broker making the cryptocurrency instantly available to local customers. Like many other Bitcoin ATM operators, the company’s goal is to educate the world about cryptocurrency and make Bitcoin instantly accessible to consumers.

ATM Operator, POS app, Prepaid Gift Cards Accepting Bitcoin point-of-sale payments has never been easier for merchants.

Currently the company has two Bitcoin machines in operation. Machine #1 is a BTM manufactured by BitAccess and it is located inside Calories restaurant 712 Broadway Ave, Saskatoon. This Canadian currency BTM offers two way operation for both buying and selling of Bitcoins. This was Saskatchewan’s first Bitcoin ATM. Consumer operation of this machine is very simple: • Enter phone number to receive SMS authentication • Enter authentication code (takes 3-5 seconds to receive) • Insert desired amount of CAD Denomination • Finish transaction by selecting “top up.” Bitcoins will arrive within the minute! The second machine is a Lamassu which offers one way operation of buying Bitcoin for Canadian dollars (CAD). In May 2014 the company installed and now operates a new Lamassu ATM in Sherlock Holmes Pub. Since 1985, “Sherlock’s” has been one of Edmonton’s most popular gathering spot near U of A campus. This ATM will allow patrons to instantly purchase Bitcoin. With a goal of fiat to BTC in 15 seconds the Lamassu Bitcoin Machine works in these 3 steps: • Scan the wallet QR Code • Accept incoming Canadian Bills of any denomination • Instantly sends Bitcoin directly to customer’s wallet. Management is currently in talks with business locations in Saskatoon, SK Regina, SK Red Deer, AB and Calgary, AB to tackle their Bitcoin markets and implement ATMs. Bitcoin Solutions, 2016 Sherwood Drive 401 Palisades Way Sherwood Park, AB T8A 3X3 Canada. Visit this company’s website at: http://btcsolutions.ca/

The Resilient 21 Group is an Ottawa firm of Bitcoin experts, created to deliver professional services which take full advantage of emerging cryptocurrency technology. The firm produced and offers Canada’s top Bitcoin PoS App called the “Resilient 21 PoS App”. This is a free web-based PoS app that works on any mobile device, which allows anyone to accept Bitcoins from customers at a brick & mortar restaurant or retail store. The app offers many benefits to participating merchants. • User-friendly design that can be used on any mobile device • Allows patrons & customers to pay using BTC at any restaurant, store or kiosk • Permits the customer to easily add tips • Is connected to merchant’s Virtex account permitting easy conversion to cash • White label app can be customized with logo for each merchant location • App service from Resilient 21 Group is free to use Optional merchant setup service includes: • Guide to setting up the app • Virtex account (Canada’s first & largest Bitcoin exchange) • Training for both merchant and staff is available The account at Virtex is considered the merchant account allowing the payment to be processed behind the scenes. The Resilient 21 PoS app is the user interface, which allows the customers easy payment. Fees for using this POS app are amazingly low. Virtex charges 1.5% if the incoming payments are instantly converted into dollars, however, if the amounts are left in Bitcoin, there is no fee for accepting Bitcoin payments as a merchant. Merchants can set this app to allow patrons to tip when paying in Bitcoin. Resilient 21 does not charge any fees for using this app. The Resilient 21 Group was also the first business in

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Canada to offer prepaid Bitcoin gift cards. These are one of the simplest ways to acquire the digital currency.

Step 2: Server gives tablet to customer, who enters tip

Gift cards, currently sold at preferred retailers across Canada and available in $20, $50 and $100 denominations. The face value of purchased cards can be redeemed through the Group’s web site anytime. Bitcoin value is instantly transferred at the time of redemption. The Group also operates the BTM located at The Clocktower Pub, 89 Clarence St in the Byward Market, Ottawa, ON. Live exchange rates are listed on their website. The Clocktower Brew Pub accepts bitcoin for all their food and drink items. The office is located at Resilient 21 Group #13-21 Concourse Gate, Ottawa, Ontario, K2E 7S4. Visit this website at: http://www.resilient21.com/

Here’s How A Typical Bill is Paid Step 1: Server enters the amount of the bill

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Step 3: Customer scans QR code for total amount and sends bitcoins Step 4: Customer hands tablet back to server, who confirms payment received


Global Bitcoin ATM

Enchanted Bitcoins

A UK ATM operator using a Robocoin machine. This service is a two way ATM, cash-to-digital and digital-to-cash. Global Bitcoin ATM (GBA) offers a complete turn-key solution for owning a Bitcoin ATM Kiosk.

ATM Operator Enchanted bitcoins is a CryptoET company and operates a Lamassu machine. This business offers one way cash-to-digital transactions.

GBA will procure, place, control and administer Bitcoin ATMs on behalf of clients globally, offering them a turn-key solution and beneficial ownership. According to a spokesperson, as cited in an April 2nd Coindesk article, the company has UK plans to install 5 machines a month and eventually place machines globally. Currently the company has one machine in operation. GBA specializes in securing a wide array of venues worldwide to host the most advanced Bitcoin ATMs on the market. The company is marketing to existing merchants with walk in traffic. Polls are currently showing that Bitcoin ATMs may increase traffic by as much as 32% for business owners, translating into greater revenues for your business. To have your venue considered as a Bitcoin ATM host, do contact them for a no-cost application and evaluation. All Bitcoin ATM Kiosks are fully compliant with UK “Anti-money laundering” & “Know your customer” legislation as issued by the FCA. This is a complete ‘Turn-key’ solution for the sourcing, purchasing, placing, operating, controlling and maintaining of high-tech, market leading Bitcoin ATMs. In the face of stiff competition in London, fees for using this machine, which was originally around 8%, have fallen to 5% per transaction. The company’s machine is located at Worldwide Connection (Internet Cafe) 25 Boswell Street, Bloomsbury, London, WC1N 3BW Global ATM Services Limited is trading as Global Bitcoin ATM, Park House, 37 Clarence Street, Leicester, England. Co number 8331106 Visit this website at: http://globalbitcoinatm.com/

July/August 2014

The website states that this machine was the landmark first public bitcoin kiosk available in the United States. Situated in Albuquerque, New Mexico, the company has just the one machine in operation next to the University of New Mexico campus in the the Nob Hill neighborhood. It sits inside the Imbibe Cigar Bar and Lounge. The restaruant’s location is 3101 Central Ave NE, Albuquerque. Enchanted bitcoins was founded by Eric L. Stromberg and it is a CryptoET company. Cryptoet Ca, LLC is a New Mexico Domestic LimitedLiability Company filed on January 21, 2014. Offices are located at 2720 Central Avenue S.E., Suite g-432, Albuquerque, NM 87106. Visit this website at: http://enchantedbitcoins.com/

BitNational Inc. ATM machine operators in Canada. In February BitNational installed and now operates a Robocoin ATM (Automated Bitcoin Exchange) at the West Edmonton Mall in Alberta, Canada. This center is the largest shopping mall in North America, and until the 2000s, the biggest shopping mall in the world. The company looks forward to the rapid expansion of Bitcoin ATMs and aims to install over 45 Robocoin Kiosks around the globe during 2014! The team is now also searching for new merchant and retail partners in Canada. Visit this company’s website at: http://www.bitnational.com/

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Bitxatm ATM Manufacturer

Accept BTC payments in-store. Any cryptocurrency, any fiat currency. FEATURES POS: Accept Bitcoin in-store Fiat to Bitcoin transaction within seconds Priced from: Sumo-Pro 2900 € BTC-POS and bill acceptor There are no recurring fees such as licensing or franchising fees Can be programed to accept payment from any cryptocurrency or any fiat currency Encrypted private network for all transactional data Maximize your profits while providing new technologies to your customers Web-based Intuitive back-end which allows you to easily manage your ATM(s) 17” Touchscreen and fully customizable, multi-language friendly user interface Use your account on any exchange api QR code scanning ( powered by ocrmo.com ) 60 mm thermal paper roll Banking ATM printer 1000000 cuts with titanium blade Secure floor stand ( 92 Kg ) 12 month warranty ( can be extended to 24 month ) Deliveries from stock or max 30 days pre-order Distributor enquirers are welcome and white-label solution Made in EU ( Patent Pending ) Easy wallet setup for clients linked to our exchange

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German based BitXatm offers machines with a merchant-friendly point of sale function. SECURITY & COMPLIANCE BitXatm is AML/KYC compliant due to ID check during registration process on our exchange, for clients with no wallet set up. For special orders optional fingerprint reader can be combined with ID scanner to ensure AML/KYC compliance in every jurisdiction. Compliance: FCC, CE, RoHS, NIST FIPS 201, NIST SP 800-76, FBI Certified (PIV Single Finger and Mobile ID FAP 20) BACKOFFICE • Track your cashflow and profits in realtime. • Fix your comission per Fiat to BTC transaction. • Liquidity supplied through an exchange, your wallet, or both. • Transactions history. • Set maximum purchase limits. • Set unlimited user accounts for your personnel. • Realtime inventory pricing based on your exchange feeds. • Net profits are calculated hourly based on trade data. Visit this company’s website at: http://www.bitxatm.com/

Futurecoins ATM operators. This service offers cash to digital. Located in the United Kingdom, Futurecoins is one of the newest firms profiled in this issue. The company has a presence on Facebook and Twitter. A company website is still under construction. However, that has not slowed down operations. A new Lamassu machine being operated by Futurecoins installed at The Old Shoreditch Station, 1 Kingsland Rd, London, England. They don’t currently use an exchange partner for buying and selling the machine is preloaded with Bitcoin. The company management has said this may change in the near future. Although Bitcoin has been somewhat stable lately, preloading the machine does expose the operation to price swings. The machine has a maximum limit of £1,000 per transaction and no ID is required. July/August 2014

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SatoshiPoint Bitcoin ATM SatoshiPoint is a company operating Bitcoin ATM’s and the company was one of the first to bring Robocoin Kiosks to the UK. Using Robocoin machines, Satoshipoint makes it easy to buy Bitcoin. In the months and years ahead, this company plans to offer many more ATM locations across the United Kingdom. Buy Bitcoin with Cash: Simply type or scan your address, insert cash, and instantly receive your Bitcoin. Sell Bitcoin for Cash: Selling your Bitcoin has never been easier. After the Bitcoin network has confirmed the transaction you sent to Robocoin, just scan the receipt and withdraw your cash. The company’s website helps UK users locate kiosks and has integrated customer feedback, online help and price reference checks. The Robocoin ATMs used by Satoshipoint offer both KYC & AML technology.

How does it work? Consumers using the machine for the first time, will need to provide a valid government issued ID and the standard email account. Once in the system, a customer can use any Robocoin Kiosk in the world without ID. The kiosk technology scans a customer’s palm and face for accurate verification. Credit and debit cards can never be used to purchase or withdraw funds through this company. Depending on whether the consumer is buying or selling, the customer will also need either cash or Bitcoin in order to complete an ATM transaction. The UK machines accept £10 and £20 cash notes. The minimum purchase amount is just £10 and the maximum allowed amount is £1500 per day. When Selling Bitcoins the machines only dispenses £20 cash notes. The minimum sale amount is £20 and the maximum sale amount for one person in one day is £1500. In both the purchase and the sale transaction, Satoshipoint charges 5% of the live Bitcoin price as quoted from the Bitstamp exchange. Visit this Bitcoin website at: http://satoshipoint.co.uk/

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Picasso ATM

BTC China Offers the Picasso mobile ATM https://atm.btcchina.com on your mobile (pictured above) The Picasso ATM application is here. Anyone can now “sell” Bitcoins from a cell phone and start making profits today. This is a web app which creates a portable ATM for Bitcoin transactions anywhere a smart phone can be found. The Picasso ATM app allows users to exchange cold hard cash for Bitcoins and instantly transfers those coins into the buyer’s Picasso wallet. It does not require any download and is compatible with all smart phones. It features double-layered security. Both the buyer and seller must confirm each transaction. This is a trade interface application which permits a cell phone to operate as a local human teller machine. Transactions move Bitcoin between accounts at BTC China, however, if the receiver does not have a BTC China account, the app will send the coins to any mobile number worldwide and the receiver will be asked to set up a BTC China account and accept the incoming value. The buying and selling process has been simplified because all of these transactions take place inside BTC China accounts. That means there are no QR codes to scan and no waiting for confirmation. All human ATM transactions are instant. The app allows for a profit margin to be added to the transaction and for the seller to select which currency is accepted in a transaction. Get signed up for an account at BTC China and upload some Bitcoins to become an instant “Human ATM”. Learn More: https://vip.btcchina.com/page/notice20140415 Hassle free transactions Units are displayed in millibitcoin (mBTC) No minimum purchase amount Multilingual menu in Chinese and English Supports all major national currencies

July/August 2014

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Sirius Money Bitcoin ATM Operators and Exchange Brokers Copenhagen, Denmark Consumers can buy and sell Bitcoins through Sirius Money, a Bitcoin exchange operating from Copenhagen, Denmark. This Nordic firm is owned by parent company Sirius Capital ApS, it is registered in the Danish Central Business Register (CVR). The company has installed and operates Scandinavia’s first publicly available Bitcoinautomat, a Bitcoin ATM located inside the Dubliner bar/restaurant in Denmark. This Lamassu machine is reported to be the first publicly available Bitcoin ATM in Denmark. It offers one-way operation, cash-to-digital. An Irish pub, The Dubliner accepts Bitcoin’s for food and drinks and is located on Copenhagen’s famous ‘walking street’. In 2014, Sirius Money also helped to sponsor adventurer Faysal Hanneche (2,000 EURO) to carry a Bitcoin sticker on his equipment and execute a Bitcoin transaction from AmundsenScott South Pole Statin. Faysal was the first to make a purchase using Bitcoin from the heart of Antarctica. Visit this website at: https://siriusmoney.com/

Crypto-Kiosk Bitcoin BTM Operators In May, a BitAccess manufactured BTM was installed at the Fox and Fiddle Pub located at 112 Spencer Ave. North Bay, ON P1B 7K6. Bitcoin meetup events are also held at this location. With just the one machine in operation, CryptoKiosk operators Andrea Ciceri and Mike Walker are looking to position more BTMs in this area. Visit this website at: http://crypto-kiosk.ca/

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Qwikbit ATM Operator Based in the Isle of Man, Qwikbit is a Bitcoin AVM solutions business, forming part of ‘The Bit Group’. Qwikbit has an agreement to purchase and operate Lamassu manufactured machines which it calls “AVMs”, short for Automated Vending Machines. These are one-way machines that convert cash to Bitcoin. According to a QwikBit press release, the deal signed with supplier Lamassu will help make QwikBit one of the largest bitcoin AVM suppliers in the UK. The Quikbit operators have diverse backgrounds in law, accounting and IT. The company’s target market is the United Kingdom. Quickbit machines will permit a minimum transaction of just £5. Quickbit connects with popular Bitcoin exchanges and will also soon be offering consumers competitive rates. The company’s goal is to place units in cafes, shops and other populated locations across the UK. The first AVM is planned for the Isle of Man and a second confirmed location will be Manchester, UK. Visit this website at: http://www.qwikbit.com/


Life Imitating Art? Mechanical Bitcoin vending machine from the summer of 2012. This photo shows an original Bitcoin vending machine. Not meant for commercial operation, this was artwork created for the university’s summer exhibition by Max F. Albrecht entitled “Bitcoin Vending Machine”. It was produced for the Fine Art Project “Panta Rhei” at the BauhausUniversity in Weimar, mentored by Prof. Norbert W. Hinterberger and Naomi T. Salmon. This Bitcoin vending machine converted €1 coins into their equivalent Bitcoin value. The machine dispersed a little box containing a link to an easywallet.org webwallet valued at 1€ (minus the material costs). No electricity or Internet connection was required. That summer, Bitcoins were priced at about $9 each. When a coin was inserted, the machine vended this small cardboard box, shown below, which contained the printed receipt for retrieval of the Bitcoins.

Above is an image of the repurposed vending machine. Congratulations to Max, who at the time was also trying to explore the possibilities of Bitcoin POS systems. Photos courtesy of http://blog.maschinenraum.tk/ July 15, 2012 July/August 2014

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Toshiba VisualTouch Utilizes BitPay to Accept Bitcoin on Retail POS Platform May 15, 2014 NRA Show 2014

ATLANTA--(BUSINESS WIRE)--BitPay, world leader in business solutions for Bitcoin digital currency, announces a partnership to integrate bitcoin acceptance into VisualTouch, Toshiba’s premiere POS Software Solution. Visit booth #9260 at the National Restaurant Association event this weekend to learn more.

retail locations that may have not considered bitcoin acceptance in the past. “This partnership greatly expands the number of businesses that will now be able to accept bitcoin. BitPay is extremely excited about the relationship and the opportunity to expand the Toshiba VisualTouch solution to include bitcoin,” said Tony Gallippi, Executive Chairman of BitPay.

“We are truly excited to announce our partnership with BitPay in order to bring enhanced capabilities to our current customers and entice new business through our combined leadership in this field” Toshiba VisualTouch is a complete point of sale system that provides the advanced POS functionality needed for business management.

“We are truly excited to announce our partnership with BitPay in order to bring enhanced capabilities to our current customers and entice new business through our combined leadership in this field,” said Marius Kimel, President of Visual Information Products, the developers of Toshiba VisualTouch.

VisualTouch POS is used in the Hospitality, Food Service, Grocery, Retail and Concession industries with a combined install base of more than 6,000 unique customers and some customers having up to 1,600 locations each. VisualTouch will use BitPay’s POS-integration solutions to grow bitcoin acceptance through brick-and-mortar

The partnership announcement is officially being announced at the National Restaurant Association’s 2014 show in Chicago. The partnership propels VisualTouch’s offerings in front of over 2,000 exhibitors in 900 product categories. Many of these restaurants, food trucks, and catering services will be able to implement bitcoin in

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their POS system in an easy and streamlined manner. The partnership ensures the continued growth of bitcoin acceptance as VisualTouch becomes used by an increasing amount of businesses. Gallippi also said, “The ability for customers to use bitcoin at businesses with VisualTouch POS systems provides merchants an extremely loyal customer base who will go out of their way to support companies that accept bitcoin.” BitPay has over 30,000 clients including TigerDirect, The NBA’s Sacramento Kings, WorldPress, Virgin Galactic, Shopify and Gyft. BitPay’s dedication to developing the Bitcoin platform and ecosystem has resulted in the opportunity to work with established brands like Toshiba VisualTouch. About BitPay BitPay is a Payment Service Provider (PSP) specializing in eCommerce, B2B, and enterprise solutions for Bitcoin digital currency. Contacts BitPay Jan Jahosky, 407-331-4699 [email protected]


The Digital Currency Challenge: Shaping Online Payment Systems Through U.S. Financial Regulations By P. Carl Mullan

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rivate online digital currency systems offer people accessible, convenient, and inexpensive everyday financial tools outside of traditional bank-owned and operated platforms. Digital currency systems facilitate local and international fund transfers, online and offline payments, and simple cash-to-digital everyday financial products without the need for a conventional bank account of any retail bank product. Over the past several years, Bitcoin has grown into an efficient personto-person and person-to-business payment system without the backing of any bank or financial institution. This phenomenon is producing a new level of an on- and offline commerce and a society much more attuned to digital currency systems. The Digital Currency Challenge details how new 2007-2008 U.S. legal issues surrounding digital currency products forced companies from the U.S. market and caused the Treasury Department to enact stricter regulations. Mullan profiles new and innovative present day digital currency systems, such as Bitcoin, and illustrates how software designers and monetary theorists use new technology to circumvent current U.S. regulations. This work also explains how new digital currency systems are not just software products, but tools providing financial freedom to people in countries all around the world.

Details

ISBN-13: 9781137382542 Publisher: Palgrave Macmillan Publication date: 1/31/2014 Pages: 192 Product dimensions: 5.50 (w) x 8.50 (h) x 0.56 (d) Amazon http://ow.ly/wJ4mQ Macmillan http://us.macmillan.com/Book.aspx?isbn=9781137382542

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Mastering Bitcoin Unlocking digital crypto-currencies By Andreas M. Antonopoulos

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astering Bitcoin tells you everything you need to know about joining one of the most exciting revolutions since the invention of the web: digital money. Bitcoin is the first successful digital currency. It’s instant, global, frictionless and it is changing money forever. Bitcoin is still in its infancy, and yet it has already spawned an economy valued at nearly $2 billion that is growing exponentially. Established companies like PayPal are considering adding bitcoin as a payment method, and investors are funding a flurry of new startups aiming to stake claims in a new industry that may rival the Internet in terms of scale and impact on daily life. If you’re interested in learning more about the technical operation of bitcoin, or if you’re building the next great bitcoin killer¬app or business, you will find this book essential reading. From the basic use of a bitcoin wallet to buy a cup of coffee, to running a bitcoin marketplace with hundreds of thousands of transactions, or collaboratively building new financial innovations that will transform our understanding of currency and credit, this book will help you engineer money. You’re about to unlock the API to a new economy. This book is your key. With, you get access to books while they are being written so you can take advantage of these technologies right now. You’ll receive updates when content is added, as well as the completed ebooks. You get free lifetime access, multiple file formats, and free updates. (Early Release Ebook) Purchase information http://ow.ly/wJ4d1

Details

Publisher:O’Reilly Media Formats: Print Safari Books Online Early Release Ebook Print: August 2014 (est.) Early Release Ebook: April 2014 Pages: 250 (est.) Print ISBN:978-1-4493-7404-4 | ISBN 10:1-4493-7404-2Early Release Ebook ISBN:978-1-4919-0261-5 | ISBN 10:1-4919-0261-2

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Coinnect Coinnect is a gateway to the world of digital currencies Hong Kong and Macau have long been the well-known international business hub located in the southern part of China. By introducing Coinnect here, we believe everyone, regardless of one’s computer knowledge, can enjoy the advantages of using digital currencies. By using Coinnect, you can instantly top up your bitcoin balance by using cash, or vice versa. Coinnect is a bankgrade digital currenies exchange kiosk produced by one of the largest ATM manufacturers in the United States. The built-in highly secured platform allows real-time purchases and sales of digital currencies. Besides Bitcoin, Coinnect can also support other digital currencies such as Litecoin and Dogecoin, depending on market demand. We provide you with a streamlined gateway into the nascent world of digital currencies. With its convenient locations, Coinnect offers users a distinctly metropolitan experience in minutes. Our company is a Hong Kong incorporated limited company. We are mainly responsible for the distribution of Coinnect in Hong Kong and Macau. Coinnect is the first machine that provides real-time purchases and sales of digital currencies. Features Coinnect platform represents the pinnacle of ATM technology. • International Bill Acceptor with the capacity of 2200 bank notes, bulk note feeder can also be integrated • 1,700 to 6,800 note Bank-grade Cash Dispensing System • Optional Fingerprint Reader • High-speed Barcode Scanner • Magnetic / EMV Card Reader • Thermal Receipt Printer Security and Compliance Coinnect software runs on an encrypted private network to ensure all transactional data remains private and secure. An optional fingerprint reader can be incorporated with 3rd-party AML/KYC platforms to ensure compliance in every jurisdiction. Backend Management Take control of your business through our intuitive and robust operating interface. Put a microscope to your cash flow and track profits in realtime. • Supply liquidity through an exchange, your own wallet, or both • Our replenishment system maximizes customer experience, minimizes risk • Realtime inventory pricing based on numerous exchange feeds • Fix your prices in the ATM or let them float with the market • Enable instant cash withdrawals under certain thresholds • Set maximium purchase and withdrawal limits • Net profits are calculated hourly based on trade data • Alerts system notifies you of hardware issues and low liquidity 901-3, Level 9, Core C, Cyberport 3, 100 Cyberport Road, Hong Kong Visit the company website at: http://coinnect.asia/en/ Because the Monetary Authority of Macau, Bitcoin ATMs should be referred to as Bitcoin Vending Kiosk or vending machines.

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The First Bank Grade ‘Two-Way’ Bitcoin Exchange Kiosk in Hong Kong Coinnect - Leading the Asia Market Manufactured by US Bitcoin ATM Software Development Company Bitcoin-mania was a disruptive term that describes the irresistible tide of Bitcoin influence which swiped across Europe and America in recent years. Thanks to the global Bitcoin trading platforms and its associated businesses, the demand of Bitcoin was seen sharply upsurged in an unprecedented manner. Until then, a majority of European countries which includes Canada, Australia, Finland, Slovakia, Germany, The U.K, Switzerland an the U.S.A had owned their own Bitcoin Exchange Kiosk in order to not lagging behind the Bitcoin competition. A Hong Kong based company, The Harbour Rich Technology Co. Ltd was amongst the pioneer in Hong Kong and Macau to launch the two-way Bitcoin Exchange Kiosk – ‘Coinnect’. A press conference under the theme “A Gateway to Digital Currencies” was held in the training theatre of the Hong Kong

Cyberport on 25th April, 2014 to unveil this disruptive and exciting technology to the media and the users in Hong Kong and Macau. The unveiling ceremony was jointly-conducted by Mr. Jase Leung, the CEO of COINNECT; Mr. Evan Rose, the CEO of a U.S based Bitcoin ATM Software Development company “Genesis Coin Inc.” and Mr. Ted IP, the Chief Operating Officer of “COINNECT”. The Bitcoin-to-cash and the Cash-to-Bitcoin functions were highlighted in this astonishing event. The first Bitcoin Exhange Kiosk has the feature of withdrawing cash in Hong Kong & Macau Coinnect not only can deposit cash to buy Bitcoin and other altcoins, users can also take advantages of this kiosk to sell Bitcoin and altcoins from personal e-wallet, and to obtain fiat currency directly in front of the kiosk with an extremely competitive rates right away. By using Coinnect, user can easily buy Bitcoin in Hong Kong and share his/her QR code on paper wallet also known as “Coinnect Pass” with relatives or friends in other parts of the world by using a mobile phone or computer. Mr. Evan Rose, President & CEO of U.S based Genesis Coin Inc, expressed that ‘Users could obtain cash from either “Coinnect” or any other two-way Bitcoin exchange kiosk/ Bitcoin ATM in less than a minute and with a formidably lower transaction cost which is far lower than the bank.’ Bank-Grade Operation system, Stable, Secure and Reliable Coinnect is manufactured by one of the largest ATM manufacturers in the United States and its software is generated by a Bitcoin ATM software system development company, Genesis Coin Inc., in U.S., providing stable, secure and reliable bank-grade Bitcoin exchange system, with inbuilt worldwide counterfeit detection wares which reach the note identification secure functions of bank-grade ATM. The operation runs through a virtual private network VPN to ensure the safety and stability of the

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system. If errors are founded, the VPN will suspend the transaction immediately to protect customers against potential losses. The automatic alarm system will connect the service provider. It will also notify operators to deal with hardware issues and refill money supply immediately in an auto-mode.

Decentral Business Centre

In addition, Coinnect will back up currency transactions data in order to protect the users. The users will receive Coinnect Pass after the transaction as reference. Coinnect will also equipped an advanced analytical monitoring system, reserves the transaction records to monitor any suspicious transactions. If there are any suspicious transactions, the relevant law enforcement parties will be notified immediately.

The executive director of the Bitcoin Alliance of Canada, has turned his space into a Bitcoin-business incubator called Bitcoin Decentral. Anyone can drop by Bitcoin Decentral at 64 Spadina Avenue and buy easily buy Bitcoins using regular CAD bills, through Toronto’s first Bitcoin BTM. The space is open and accessible 9:30 – 5:00 Monday thru Saturday. The machine was built by an Ottawa-based group called BitAccess. As BTM dealers, Decentral also offers these machines and their service to new locations. Ask them how a BTM can draw a whole new level of attention and traffic into your business, while becoming a lucrative source of tertiary revenue. 416-521-5318.

Coinnect’s CEO Jase Leung furthered: Coinnect had consulted professional legal advice, each transaction will be recorded accordingly. In case suspicious tradings were spotted, related authorities will be notified accordingly. Coinnect is an international bank-grade kiosk and Hong Kong is a highly transparent economy overseen by efficient authority bodies and monitored by media, we believe Coinnect has full capabilities to prevent such circumstances. http://coinnect.asia/en/product.html

July/August 2014

Bitcoin BTM Operator & Dealer.

Decentral is a business development centre fostering decentralized apps and Financial Technology. Around the world, visionary technologists, entrepreneurs, and investors are building startups based on new and better technological architectures; massively scalable models; pioneered by Bitcoin, open-source, peer-topeer, cryptographic, and self-regulating. Decentral Accelerate helps these companies scale to success. Visit the company’s website at: http://decentral.ca/

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Intuit Is Now Testing Bitcoin There are two major barriers that prevent typical small businesses from taking bitcoin payments: 1) They need a bitcoin wallet. With recent news about Mt. Gox in the media, trusting a third party bitcoin wallet provider can be scary. 2) They don’t want to deal with price volatility. When it comes to their revenue, small businesses just want to deal with dollars. Enter QuickBooks Bitcoin Payments, a bitcoin service that enables small businesses to take bitcoin payments without ever having a bitcoin wallet or ever seeing any bitcoins. With QuickBooks Bitcoin Payments, you: • Only see dollars when you accept bitcoin payments. • Pay less on all bitcoin transactions. Compare that to 1.75% to 2.75% + fees on card transactions. • Never worry about chargebacks from fraudulent buyers. Chargebacks don’t exist in bitcoin.

Update 6/26/14 Intuit has now enabled all merchants in their network to accept Bitcoin through the new PayByBitcoin service. This is a free extension for QuickBooks Online that allows business owners to accept Bitcoin and integrates the payment processing with Bitcoin and Coinbase.

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Bitcoin42 ATM Operators in Mexico These ATMs offfer two-way operation, cash-to-digital and digital-to-cash. Accepted currencies are Bitcoin, Litecoin and Dogecoin. This company is a dedicated group of professionals, Bitcoin experts and cryptocurrency enthusiasts living in Mexico. The group’s aim is to promote the wider adoption of virtual currencies and help establish a faster, fairer, and inexpensive means of payment. This goal is being accomplished by placing Bitcoin ATMs in locations which host daily concentrations of entrepreneurial businesses people. The company’s business model helps develop creative solutions for cultural, social, ecological, and economic projects that address today’s societal challenges. This group advocates the use of cryptocurrencies by non-profit organizations. The operation currently has two ATMs manufactured by California-based GenesisCoin. Both machines service Bitcoin, Litecoin and Dogecoin. One machine accepts US dollars and the other accepts the local Mexican Peso. Both machines are located at the Business Innovation and Technology Center (BIT Center) Tijuana, Baja California, Mexico. The BIT Center is a local business development, innovation and technology center that also serves as a co-working space for Mexican startups. The center’s machines have been fully operational since Saturday the 22th of March 2014. Both machines are Genesis1 units which have a starting price of around $14,500. The location of the BitCenter is Blvd. Diaz Ordaz 12415, Fracc. El Paraiso, C.P. 22106. Learn more about Bitcoin42 at the company’s website: http://www.bitcoin42.com

July/August 2014

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PotCoin® - Installs Worlds First Potcoin ATM’s @ River Rock Wellness Denver Dispensaries

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MONTREAL, May 20, 2014 PotCoin (CRYPTSY, MINTPAL: POT) a crypto-currency, released January 21, 2014 by PotCoin Systems, a Montreal based software and web development firm is today announcing the installation of the world’s first “PotCoin®ATMs” in two (2) Denver, Colorado locations. In a strategic move PotCoin has secured the enthusiastic support and backing of River Rock Wellness. River Rock has actively contributed to the development of Colorado’s medical marijuana regulatory framework. The company holds a seat on the Colorado Department of Revenue’s Medical Marijuana Advisory Committee, and is a founding member of the nonprofit trade association the Medical Marijuana Industry Group. Joel Yaffe and Nick Iversen, PotCoin Co-Founders: “The goal of the ATM installations is consumer awareness of PotCoin, ultimately driving merchant adoption. Merchants showcasing the ATM’s will benefit from accepting PotCoin through sponsored distribution of PotCoin to consumers, thus incentivizing customer retention and PotCoin adoption,” adding “merchants really appreciate the simplicity, security and the fee-less environment that we have complied for them and their clients. PotCoin is now

July/August 2014

implementing merchant services to coincide with the ATMs, resulting in a jump in consumer demand of PotCoin in the Colorado, the largest U.S. market for legalized & recreational marijuana sales. Tony Verzura, River Rock Chief Operations Officer “we strongly feel there is a future for crypto-currency within our specialized industry. Our business requires 100% transparency and accountably - exactly like a regulated casino so this presents operations and security problems as we deal with lots of cash. PotCoin has developed a secure way for us to deal with our unique situation. We are excited to be working on this new joint venture and we will start accepting Potcoins Tuesday may 27th 2014!” - The state of Colorado has issued 136 licenses for dispensaries to be opened in 2014, 74% or 101 of those stores being in Denver, with an addition number of new licenses being issued on October 1, 2014. - Retail marijuana sales revenue in Colorado is consistently trending upward which is shown from 14 million dollars in sales in January and 19 million dollars in March, half of that revenue coming from Denver. About PotCoin http://www.potcoin.com

PotCoin is making its mark on the industry by introducing merchants to the world of digital crypto-currency. PotCoin was successfully launched on Jan 24th 2014 and has developed real world business and financial partnerships with some of the leading experts in the newly legalized Cannabis industry. PotCoin is a secure and reliable payment network that can be utilized by any business in the legalized Cannabis industry. About RiverRock Wellness http://www.riverrockcolorado.com

RiverRock manufactures the highest quality - lab tested all organic medical cannabis products, formulates effective treatment plans for patients, and sets the standard for legal compliance and operational transparency in the State of Colorado. RiverRock is dedicated to producing world-class organic medical cannabis products. Our team uses sustainable growing techniques to bring out the best qualities of the plant. We oversee the production of our medicine from seed to sale; this allows us to offer more affordable prices to our patients across-the-board. Artisan growing methods combined with cutting edge technology ensure the consistency, value, and potency of all RiverRock products. Inquiries: PotCoin - [email protected] Source: Potcoin Blog

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2. Hold your Bitcoin wallet QR code up to the scan window which is on the bottom right. 3. Insert the preferred amount of bills, and finally press “send bitcoins”.

Bittimaatti

Bitcoin Vending Machines (ATMs) ATM Operator One way transactions, cash-to-Bitcoin only. Lamassu machines Finnish language website

This company reminds all customers that the Bitcoin user is solely responsible for storing their Bitcoins safely and Bittiraha.fi, or the Bitcoin wallet providers, take no responsibility for lost bitcoins. Visit this company’s website at: https://bittiraha.fi/ Finland’s first Bitcoin unmanned station is at the tunnel, Record Äxän store

Finland’s first Bitcoin vending machine, a Lamassuu ATM, was installed by Bittimaatti at the Record Äxän (music) store in April 2014. This Helsinki Bittimaatti location is open Monday-Friday 11-19 and Saturday 1117. The company’s second ATM machine, Bittimaatti 2, is also a Lamassuu ATM and is located in Toivala Shopping Market , a 15-minute drive from Kuopio. Bittimaatti in is now looking to install many more of these machines across Finland. The company is seeking qualified retail locations to place the ATMs and suggests that the retail business should host walk in male traffic ages 20-30 years old. Minimum purchase amount is 5 EUR and the ATM has a total daily purchase limit. The exchange rate including fee for any transaction is based on the Bitstamp market price plus 5%. This company also offers an online exchange service at Bittiraha.fi which makes purchases electronically through Finnish bank accounts. The simple Bittimaatti Bitcoin ATM Instructions are shown below. The Bittimaatti Bitcoin ATM allows you to buy with cash Bitcoin. You’ll get the bitcoins immediately. First you need a Functioning Bitcoin wallet. You can purchase bitcoins in 3 simple steps. 1. Choose a language. If the language menu is not visible, press X on the top right corner.

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Bitcoiniacs ATM Operators & Exchange Group Vancouver Bitcoiniacs Trading Company, operates two-way ATMs providing both buying and selling of Bitcoin. This company is responsible for the world’s first two-way Bitcoin ATM machine that went live at Waves Coffee House in Vancouver. This machine was manufactured by Robocoin of Las Vegas, Nevada. Future Canadian locations for this group’s ATMs will likely include Toronto, Montreal, Calgary and Ottawa. Bitcoiniacs also operates the Bitcoin Store currency exchange located on Howe Street in Vancouver. The mission of those operating the Bitcoin Store is to make the process of buying and selling bitcoins simple, safe, and secure for everyone. The Bitcoin Store is one of the first physical brick and mortar locations in the world to provide a national currency to cryptocurrency (Bitcoin) exchange services. It is located at #100 - 900 Howe Street, Vancouver, BC, V6Z 2M4, Canada. These convenient Bitcoin shopping locations in Vancouver are revolutionizing the way Canadians buy and sell bitcoins. Another of the group’s Robocoin ATMs is now operating from Bartini Kitchen in Singapore. This machine is managed by Coin Republic https:// coinrepublic.com/ The location of the kitchen is 29 Boon Tat Street, Singapore, Singapore, 069624.

• Easy, because ATMs are the fastest and easiest way to buy and sell bitcoins. • Helpful & knowledgeable because employees at the locations can assist customers with questions, wallet setup and security. Cointrader operates ATMs and also permits both buying and selling of Bitcoin through the company’s website. They are also located in offices next to Waves Coffee House and the Bitcoin ATM. Buy bitcoin at the ATM for only a 1% fee or check out Cointrader.net to buy or sell online. Cointrader Exchange Inc. is a Canadian Corporation registered from Vancouver also at #100 - 900 Howe Street. Cointrader Exchange operates two additional foreign ATM locations. The Romanian ATM is located at Bitcoin International, Bucharest, Sector 3, Str Patriei Nr. 2 . The London ATM is located at The Vape Lab, 232 Shoreditch High Street, London, UK. The Team behind this global Bitcoin expansion includes Paul Szczesny founder of Libertybit.com who adds more than a decade of experience as a software engineer. Jackson Warren and successful entrepreneurs Mitchell Demeter and Cheyne Mackie round up the team that brings a wealth of expertise to this company. Visit the ATM page of this company’s website at: http://www.bitcoiniacs.com/atm/

Now seeking strategic partners worldwide, the group is planning to install many more ATMs in the coming months. ATMs are: • Private, no personal details required to thus keep the customer’s identity safe and protected. • Trustworthy, because based on their high visibility in retail establishments, customers know who is operating the machines and that visiting that location is safe.

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Liberty Teller ATM Operator Massachusetts based Liberty Teller currently has four Lamassu manufactured machines in operation. These machines operate one-way by selling Bitcoins for cash. This company is run by two close friends, Kyle Powers and Chris Yim, who are both Bitcoin enthusiasts. Their goal is to help build out the Bitcoin infrastructure by expanding access and awareness through the use of Bitcoin ATMs. Buying Bitcoins from a Liberty Teller machine is fast and easy. There are just four simple steps: • Get a Liberty Teller paper wallet at our machine • Scan your wallet’s address QR code • Insert cash • Receive bitcoin!

Cointter ATM Operator Cointter is a Bitcoin ATM operator in Finland. Cointter operates Bitcoin ATM’s in Finland.

Bitcoin ATM locations: HARVARD SQUARE – GARAGE MALL, Clover Food Lab, 7 Holyoke St, Cambridge, Massachusetts, USA CENTRAL SQUARE – MOKSA, Moksa Restaurant, 450 Massachusetts Ave, Cambridge, Massachusetts, USA (Launched in May 2014) KENDALL SQUARE – MIT COOP, MIT Coop store in Kendall Square, Cambridge (MIT’s 1st on campus Bitcoin ATM) SOUTH STATION/FINANCIAL DISTRICT – SNAX EXPRESS, South Station Transit Center, 700 Atlantic Avenue, Boston, Massachusetts, USA Visit this company’s website at: http://libertyteller.com/

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This is Finland’s first two-way LocalBitcoins machines and supports both buying and selling Bitcoins. These ATMs are a joint venture by local operator Cointter and Helsinki-based exchange LocalBitcoins.com. LocalBitcoins operates the 2 Bitcoin ATMs. One is located at the Delish store large 2 Robert Street, Helsinki, Finland and the other machine is located at the garlic restaurant Kynsilaukka Frederick Street 22, Helsinki, Finland. Cointter will be expanding the LocalBitcoins ATM network into selected countries during 2014. Visit this company’s website at: http://www. cointter.com/


Australian Bitcoin ATMs (ABA Technology Pty Ltd) ATM Operators 1. Wave - The hand scanner creates a unique biometric authenticated identity. 2. Scan - Scan your govt. issued ID. The machine authenticates and creates your profile. 3. Smile - The machine then matches your face with you ID picture to verify your identity. ABA was formed by a small team of entrepreneurs and investors who recognized the potential for Bitcoin’s massive growth and mainstream adoption. The company currently operates two Robocoin manufactured machines. The first is in Westfield’s Sydney Central Plaza which opened in April 2014. One in the Melbourne’s central business district. These are both two-way machines that support buying and selling of Bitcoins. The management of ABA further believes Bitcoin ATMs will help boost the appeal and the convenience of the cryptocurrency across Australia. The company has positioned itself to take full advantage of Australia’s Bitcoin growth. ABA Technology Pty Ltd has the objective of installing 100 bitcoin ATMs in Australia by 2015 and more than 500 globally by the end of 2016. The advent of Robocoin ‘branches’ allowing for the easy remittance of Bitcoin between kiosks, could lead to ABA machines acting as money transfer stations. ABA Technology Pty Ltd, Tank Stream Labs, Level 1, 17-19 Bridge Street, Sydney, NSW, 2000. Visit the website at: http://abatech.com.au/

July/August 2014

The Bitcoin Association of Australia Education We seek to reduce knowledge barriers to entry, thereby growing the Bitcoin ecosystem. For individual and institutional users we provide objective, fair and balanced practical information, consultation and advice.

Protection We seek to protect Bitcoin, as the most promising open-source project and peer-to-peer network on the planet. Bitcoin is secure when this source of strength is maintained. We achieve this by fostering those creating services on the open architecture.

Standardization We seek to protect the local ecosystem by bringing a necessary level of conformity. To that end we create content, standards and guidelines of best practice for interacting with the technology. Membership funds are split between the Bitcoin Foundation, and the Association. Visit the website at: https://bitcoin.asn.au/

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Atlanta Bitcoin ATM Operators Atlanta Bitcoin is one of America’s first Operator/ Distributor of Lamassu Bitcoin Dispensers and on the leading edge of Bitcoin Technology and Regulatory Compliance.

Krypto Currency Solutions

Australian ATM Operator Krypto Currency Solutions are installing Bitcoin ATMs around Australia starting this summer. Sydney is scheduled to be the company’s first installation. The company is using Robocoin manufactured machines. Visit the company’s website at: http://www.kryptocurrencysolutions.com/ Krypto Currency Solutions, PO Box 131, Ashmore City, QLD, Australia, 4214

Quadringa CX Atlanta Bitcoin is run by industry pro Aaron Williams, and the company will soon be accepting delivery of new Lamassu Bitcoin ATM. The company has stated that they expect it will be operating another 14 machines in the metro Atlanta area during 2014. These are one-way devices that permit cash-to-digital transactions. Mr. Williams has been working in the traditional electronic payments industry for over a decade. His experience gives him a unique perspective on Bitcoin products and services not found at many Bitcoin startups. The company is focused on commercial payments, Bitcoin regulation (Money Transmitter/MSB, AML/KYC/BSA), ATM compliance, and product development.

ATM Operators Quadriga CX is a Canadian Cryptocurrency exchange platform, with offices in Vancouver, BC. The company’s primary product is an easy to use platform which simplifies the process of buying and selling Bitcoins. The company is also offering affordable and profitable partnerships for merchants or anyone who would like to operate a Bitcoin ATM. The machines available through the Quadringa CX web site are the Lamassu and Skyhook Bitcoin ATMs. In June the first shipment of Skyhook ATMs arrived in Canada. Over 14 units had been pre-sold to Bitcoin Entrepreneurs. Please visit the Quadringa CX website for more information on the ATM Partnership Program. Visit the company’s website at: https://quadrigacx.com

Visit the company’s website at: http://www.atlantabitcoin.com/

Bitcoin Exchange (Singapore) ATM Operators Bitcoin Exchange is reported to have opened Asia’s first publicly accessible Bitcoin Vending Machine. This is a Lamassu built machine and it’s locate at the in the center of Singapore at 1 Raffles Link, Citylink Mall, #B1K4 (Next to TCC at shop #B1-26). The machine operates one-way, cash to digital and is accessible from 5 am to midnight. The management of this company believes that the Bitcoin Vending Machine could become an essential part of the Bitcoin infrastructure and soon flourish across Singapore and Asia. Visit the website at: http://www.bitcoinatmsg.com/ < --- See this machine in action. “Testing Bitcoin ATMs in Singapore” from Bitcoin Cestování. 12 minute video.

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Time for a Bitcoin upgrade?

B i tc oi n Po int - o f - Sale Eq u i pm e n t, S of t w ar e & S er vices. Our October/November issue will deliver the newest hardware, software & services for retail Bitcoin merchants and POS transactions. Does your cryptocurrency company produce a POS device or software? Email us and we’ll add you into our next issue. [email protected]

Warning to Readers: Upgrading your business to the latest Bitcoin retail hardware and software, in this coming issue, can result if longer hours, higher profits and ne ed to hire more employe es. Disclaimer: Lazy people beware.

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BIT2BLOCK ATM Operator The Canadian company BIT2BLOCK, operates the first Bitcoin ATM to arrive in the Province of Quebec and also the first cryptocurrency exchange in Quebec. This ATM was manufactured by Genesis Coin and permits two-way operation, cash-to-digital and digital-to-cash for both Bitcoin and Litecoin. The ATM was installed in early April, 2014 and is located in the Auberge Amerik Hotel, near the Baguette et Cie coffee shop. The ATM is accessible in the hotel Monday thru Saturday 9:00am 8pm and on Sunday 9am - 5pm.

Bumblebee Exchange ATM Operator Bumblebee Exchange is credited as launching the first Bitcoin ATM in Toronto, located at the world famous Snakes & Lattes Café. The cafe accepts Bitcoin and customers may even enjoy a discount for spending Bitcoin. The Bumblebee Exchange was co-founded by four local entrepreneurs and offers a Robocoin manufactured machine. This is a two-way operation offering both cash-

to-digital and digital-to-cash. This machine accepts Canadian dollars and Bitcoin exclusively. The machine is accessible 7 day a week Sunday - Wednesday 11am - 12am and Thursday - Saturday 11am - 2am. http://www.bumblebeexchange. com/ The address is 600 Bloor St West, Toronto, Canada, M6G 1K4

The historic hotel was built in 1898 and is located in the center of an area known as Old Quebec. This neighborhood is crowded with restaurants, a freeway and a train station. It is an excellent location to receive walk up Bitcoin customers. The machine accepts Canadian dollars and has transaction limits for individuals of $3000 per day. Customers are also able to buy and sell both Bitcoin and Litecoin online from the company’s website. The company is located at 1720 Chemin de la Canardière, Québec, QC G1J 2E3 Visit this company’s website at: http://bit2bloc.net/ Bumblebee Exchange Robocoin Machine

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CoinVault ATM Bitcoin ATM Operator CoinVault ATM, LLC is CVATM™ a cryptocurrency automated teller machine operator. With a goal of expanding the Bitcoin universe, CoinVault is looking to place Robocoin ATM kiosks in strategic metropolitan locations permitting anyone to buy or sell the cryptocurrency. The daily exchange rate for transactions is provided by the BitStamp exchange. The company currently operates one Rococoin manufactured two-way machine located at: Central Texas Gun Works, 321 W Ben White Blvd #203 Austin, TX 78704. This machine allows both buying and selling of Bitcoin. Are you in the Houston area and would like a new CoinVault ATM in your location? Please contact the CoinVault ATM team through this link: http://www.coinvaultatm.com/contact-us/

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completed, the customer will receive an actual product (Paper Wallet) to their registered home address via certified mail. A PIN code will also arrive by certified mail. A “bonus” voucher that contains the actual ATM Operator, Bitcoin Kiosk Software Application Bitcoins is sent via email. It is rare to find any company Based in Finland, this company was behind Finland’s accepting Paypal for the purchase of a cryptocurrency. first Bitcoin ATM. These Hotbutler kiosks provide a fast Hotbutler explains the process in this website entry. and convenient way to purchase Bitcoin. Attracting new customers to the Bitcoin world and developing simpler “It is essential to understand that the actual product methods of funding a Bitcoin wallet are some of this for sale is a 100% tangible Paper Wallet. You are not company’s primary goals. buying digital goods from us. Neither are you buying

Hotbutler.com

A Model of Functionality The interactive machines do not require a lengthy registration process. Originally designed as kiosks that permit surfing the web, VoIP calls and offer the ability to send emails, these kiosks are a model that is found in airports all over the world. The Hotbutler software application has added the ability to purchase Bitcoin. Four kiosks in Helsinki are now running a version of the Hotbutler Bitcoin web app, which streamlines the process of buying Bitcoin. The Hotbutler Bitcoin kiosk offers both the Finnish and English languages. These machines operate in a one-way capacity permitting customers to buy Bitcoins using coins/notes, debit, or credit card. Once a purchase has been completed, the Hotbutler kiosk will send the new Bitcoin voucher to the customer’s email address. Hotbutler is the first company to offer Bitcoins through interactive kiosks located in the busy transportation hubs in Helsinki Finland. 2 kiosks located at the Helsinki Railway Station (Asema Aukio), another is at the Pasila Railway Station and the forth can be found at the Port of Helsinki (West terminal). The company is now in the process of adding Hotbutler functionality to over 30 additional kiosks in Finland. This company is a joint venture between Finnish and American associates. Starting with Litecoin, the company has plans to add additional cryptocurrencies in the future and has plans to expand quickly throughout Northern Europe. Hotbutler.com also sells Bitcoins online. Customers can pay for their Bitcoins using PayPal. Once a purchase is

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anything intangible. The Paper Wallet does not contain any Bitcoins or any other digital content. The Bitcoin voucher that you receive to your email address is a mere free bonus option that you can use or choose not to use. Since the Bitcoin bonus is 100% free no charge backs can be claimed on it. Charge backs can be claimed only on products for sale on our web shop not on free bonuses. Delivery time for certified mail is 1-5 business days from the time of the purchase depending on your location. US customers typically receive their Bitcoin vouchers in 2-5 days. Tracking number will be sent to your email address. Maximum daily limit is 100 euros per customer.” Hotbutler also has a business connection with Canadian Bitcoin company Coinkite. Hotbutler Finland Oy Olarinkuja 15 02200 Espoo Visit the company’s website at: http://hotbutler.com/

Bitculus ATM Operator Bitculus currently operates one Robocoin machine in Hong Kong. The ATM provides two-way operation cash-to-digital and Bitcoin-to-cash. This Bitcoin vending machine requires a user registration in compliance with local Know Your Customer (KYC) and Anti Money Laundering (AML) regulations. This ATM is situated in Hong Kong’s busiest computer shopping mall. Golden Computer Arcade, 146 - 152 Fuk Wa Street, Sham Shui Po, Hong Kong. Visit this company’s website at: http://www.bitculus.com/


Coinme ATM Operators Introducing Seattle’s first Bitcoin Kiosk and cryptocurrency concierge. Area residents buying and selling Bitcoin can take advantage of Seattle’s Coinme Kiosk, which is one of the fastest and most secure area cryptocurrency solutions. This machine is credited as one of the first Bitcoin Kiosk in the Pacific Northwest, and the first licensed Bitcoin kiosk in the U.S. Coinme is eager to introduce Bitcoin to the community through regular Meetups and free on-site consultations. Manufactured by Robocoin, this kiosk contains bank-grade hardware and industry leading network infrastructure. Cash transactions up to $3,000 per day are welcome at this machine. This machine supports two-way operation featuring cash-to-digital and Bitcoin-to-cash. All transactions are processed within ten minutes. The kiosk is located in the Spitfire restaurant situated at 2219 4th Ave, Seattle, Washington, USA Hours of operation are 11:00am - 10:00pm Open seven days/week First time users must proceed through a one-time account creation process to establish and verify identity. Visit this company’s website at: http://www.coinmekiosk.com/

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coinme kiosk : G et cash for your bitcoin in minutes .

S end B itcoins to the C oinme K iosk , get a ticket and simply wait for the confirmation .

S can your ticket. . . Y ou now have cash !

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Bit Rocket Capital next page

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IberoBit ATM Operator (Spanish language website) IberoBit operates two-way machines permitting customers to both buy and sell Bitcoins in Madrid! These new machines are called AETs and were manufactured by BTCPoint. The company presently has one machine in public operation. The first AET in operation is located in the beautiful city of Alcala de Henares in: BarRestaurante La Complutense Avda Guadalajara No.4 Alcala de Henares 28801 – Madrid

Bit Rocket Capital ATM Operator in Australia. In March Bit Rocket operates Lamassu manufactured machines which offer one-way operation. Customers may exchange cash for Bitcoin at this machine. The local customers who want to convert cash into the crypto-currency scan their Bitcoin address ‘QR code’, insert notes, and press send. Fast and easy! BitRocket is arranging placement of further ATMs in popular locations around the country and is focussing on cafes, pubs and malls ATM Blackstar’s specialty cakes & deserts. Black Star Pastry & Café, Cnr Dunning Ave & Hayes Rd, Rosebery NSW 2018, Australia Visit this company’s website at: http://www.bitrocket.io/

Visit this company’s website at: http://www.iberobit.com/

Instacoin Vending Machines ATM Operator Starting in June 2014, Instacoin vending machines became the hassle-free way to exchange cash for Bitcoin in Montreal’s Metropolitan Area. No lengthy sign-up or banking information needed. Instacoin offers a competitive exchange rate. These units are manufactured by Lamassu and accept cash for Bitcoin (one-way). The company’s first machine is located at the renowned family bakery Patisserie Lachenaie, 655 Mtée des Pionniers, Terrebonne, QC J6V 1S2 This merchant also accepts Bitcoin through Coinkite terminals. Visit this company’s website at: http://instacoinatm.com/index-en.html

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ht t p : / / hi k in g a r t i s t . co m /

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Crypto Retailer Magazine July 2014

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