World's first bitcoin ATM to launch this week

“The world’s first bitcoin ATM will go live in Vancouver, Canada on Tuesday.

Built by company Robocoin, the ATM will trade the digital currency for cash and vice versa.

Bitcoin is the world’s most popular electronic currency and it previously existed only on the internet but can now be traded for traditional cash.

The Robocoin ATM works by first scanning the user’s palm to ensure they do not make multiple desposits and avoid money-laundering.”


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