GenesisCoin Cryptocurrency Automated Teller Machines Prove Popular and Thriving
In the rapidly evolving world of cryptocurrency, GenesisCoin is making waves with its innovative ATMs, offering a combination of advanced features that set them apart from traditional Bitcoin ATMs. Installed for the first time in Tijuana, Mexico, these machines have sparked significant global interest.
GenesisCoin's ATMs boast a two-way functionality, allowing users to both buy and sell cryptocurrencies. This feature, a departure from one-way ATMs, provides convenience and flexibility, making it possible for users to cash out or purchase crypto in a single machine.
Equipped with a thermal printer for receipts, a dedicated barcode scanner for quick QR code scanning, and an optional fingerprint reader, GenesisCoin machines prioritise user-friendly and secure interactions. Priced at around $14,500 with free shipping within North America, they offer a comprehensive package that balances cost and capability.
The demand for GenesisCoin ATMs is driven by their ability to serve as full-service crypto kiosks, addressing both entry and exit points in cryptocurrency transactions. As cryptocurrencies become more mainstream, global users seek easy and quick methods to transact without navigating complex online exchanges. ATMs like GenesisCoin’s provide physical access to crypto buying and selling, expanding reach especially in regions with limited banking infrastructure.
The inclusion of biometric verification options and the reliable barcode scanner enhances security and usability, important for gaining trust in new markets. Many modern ATMs also integrate KYC/AML compliance, which helps operators comply with regulatory requirements, making international deployment easier and attractive to legitimate businesses.
Businesses globally appreciate the ability to brand these machines, helping adoption by local merchants who want to build customer confidence with familiar branding. GenesisCoin's ATMs support Bitcoin, Litecoin, Dogecoin, and various fiat currencies, making them versatile transaction points.
Since their installation in Tijuana, GenesisCoin has received orders for 12 more ATMs, and inquiries about them have come from multiple states in the US and countries worldwide. Notable transactions include a Litecoin sale and two Dogecoin purchases on one of the first two machines. Several people even travelled across the border and from further South in Baja to check out GenesisCoin's ATMs.
GenesisCoin aims to provide various cash to crypto-services under its umbrella and has its sights set on being at the forefront of the physical infrastructure market. The CEO of GenesisCoin, Evan Rose, stated that the response to the ATMs has been positive, and this trend seems to indicate a promising future for these innovative machines.
GenesisCoin ATMs, integrating features from both the finance and technology sectors, offer a unique business solution for easy cryptocurrency transactions. With their two-way functionality, secure biometric verification options, and versatility in supported cryptocurrencies, these machines address the growing demand for simple, physical access points for cryptocurrency transactions, especially in regions with limited banking infrastructure.
