There are at least four Bitcoin ATMs in operation at SXSW this year — one at a bar, one at a coffee shop, one at a gun certification school, and a final one that will be pretty much everywhere else as it rolls around on wheels:
Meet the Robocoin Rover, pictured in its trailer above. The trailer houses a Robocoin ATM that will enable SXSW-goers to turn cash into Bitcoin and vice-versa. (While Robocoin manufactures the devices, they are independently owned and operated. This particular one is managed by Coinvault ATM.)
Here’s a closer look at the interface of the ATM.
The ATM makes use of identity-based security measures, scanning your ID and even making a map of the veins in your palm.
If you’re selling Bitcoin, you’ll get cash right on the spot.
To get a closer look at how a Bitcoin ATM transaction goes, check out this video.
Business Insider Emails & Alerts
Site highlights each day to your inbox.