CoinOutlet Enters Bitcoin ATM Market With Low-Cost, Two-Way Model

Robocoin, Lamassu, BitAccess, BitXatm – the global bitcoin ATM market is already being served by a number of emerging manufacturers. But, that isn’t stopping new entrants from attacking the space.
With its late-August launch, CoinOutlet is hoping to make inroads in this burgeoning sector of the industry, investing now while interest in bitcoin ATM offerings remains high and new locations for bitcoin ATMs are still being discovered.
Following the announcement, CoinDesk spoke with CoinOutlet founder and CEO Eric Grill to discuss why he feels his company can succeed in the bitcoin ATM space given the challenges his company will face in the form of both competition and regulation.
Grill explained that his company’s advantage is in the buying process, saying:

This post was published at Coin Desk on September 4, 2014.