Operated by Las Vegas-based Robocoin and Vancouver-based Bitcoiniacs, the world’s first Bitcoin ATM scans your palm and allows you to exchange cash for Bitcoin or vice versa. Within one month the Bitcoin ATM managed to exceed $1 million in transactions.
On its 29th day of operation at the Waves Coffee House in Vancouver B.C., Robocoin’s Bitcoin ATM exceeded $1,000,000 CAD in volume from 1,576 transactions.