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Money Spinners: The Good Friday Bitcoin ATM Roundup

More than a few easter eggs in our bitcoin ATM coverage as we spin around the world this week.

Updated Feb 21, 2023, 3:38 p.m. Published Apr 18, 2014, 3:59 p.m.
I Love ATM

Take out your smartphones and get those palms warmed up for a scanning, because it’s time for CoinDesk’s weekly bitcoin ATM roundup.

It's always Good Friday in the world of bitcoin ATMs, and we begin our end-of-week coverage with the best news and 'first bitcoin ATMs' we've heard around the globe this week.

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Dubai

Remember that warehouse full of bitcoin ATMs in the UAE, which turned out not to be bitcoin ATMs but convenience store payment kiosks? Well, apparently they are actually bitcoin kiosks, according to local company Umbrellab:

Exactly :)





– Umbrellab (@umblab) 16th April 2014
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Shanghai, China

Apparently China banned bitcoin again this week. Luckily that didn't extend to bitcoin ATMs though, and customers in the IC Coffee Shop in Shanghai can freely feed their yuan into this machine for bitcoin, thanks to exchange BTC China.

ChineseATM2
ChineseATM2

Sao Paulo, Brazil

Latin America got its first bitcoin ATM this week, thanks to MercadoBitcoin in Sao Paulo, Brazil.

Mercado Bitcoin ATM
Mercado Bitcoin ATM

Australia

Maybe they call it 'The Lucky Country' thanks to its regular supply of 'first' bitcoin ATMs. In any case, Australia got lucky again this week with a Robocoin machine. One user said:

"You have to scan your hand a couple of times, and your ID, but it's like when you go to a pub these days, and you've got to scan your ID".
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Halifax, Nova Scotia, Canada

Picturesque Halifax, on Canada's Atlantic coast, received Atlantic Canada's first bitcoin ATM this week at Durty Nelly's Irish Pub on Argyle Street.

Speaking of Canada, a company called BitSent promoted its Lamassu machines in Toronto this week at the BitcoinExpo 2014 convention with a competition called #bitselfie. Convention partygoers posed with the machines and posted the results on Twitter, like this one:

Let me take a #selfie! Check out the #Bitsent booth @BitcoinExpoCA. Tweet a #bitselfie with our AVM @BitSent for your chance to win big!





–BitSent (@bitsent) 11th April 2014

#bitselfie with Lovely cutting edge $5k! @BitSent ATM @BitcoinExpoCA#bitcoinexpo#bitsentpic.twitter.com/ALkpz3P4Q9





– Juan Galt (@ElJuanGalt) 14th April 2014

China ATM images courtesy Kapronasia

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Solana CME Futures Fell Short of BTC and ETH Debuts, but There's a Catch

Solana CME futures first-day activity compared to BTC and ETH debuts. (CME/K33 Research)

When adjusted for asset market capitalization SOL's relative futures volume looks better, K33 Research noted.

알아야 할 것:

  • Solana's SOL futures began trading on the Chicago Mercantile Exchange (CME) on Monday, with a notional daily volume of $12.3 million and $7.8 million in open interest, significantly lower than the debuts of bitcoin (BTC) and ether (ETH) futures.
  • Despite the seemingly lackluster debut, when adjusted to market value, SOL's first-day figures are more in line with BTC's and ETH's, according to K33 Research.
  • Despite the bearish market conditions, the launch of CME SOL futures offers new ways for institutions to manage their exposure to the token, said Joshua Lim of FalconX.