RockItCoin’s Installed Bitcoin ATM Count Hits 100
RockItCoin has reached another milestone in its bid to expand its bitcoin kiosk network by entering the Las Vegas market with the placement of its 100th ATM in the United States.
Focusing its expansion on major metropolitan areas, Las Vegas was a natural fit after the company had installed machines in California and wanted to expand into the Vegas market, according to Michael Dalesandro, CEO and founder of RockItCoin.
Dalesandro said the company plans to deploy more machines in Las Vegas and the western United States as part of its strategic expansion. The company is also looking to double in size through new machine placements and acquisitions.
RockItCoin kiosks allow customers to purchase or sell a variety of cryptocurrencies, including bitcoin, bitcoin cash, litecoin and ethereum. “We have decided to focus on the cryptocurrencies our customers request the most,” explained Dalesandro, “but we can easily offer additional ones through the machine if necessary.”
Through iTunes, RockItCoin offers its customers a free digital wallet platform. The app provides the customer a convenient way to manage their cryptocurrencies while maintaining custody and control themselves. While not required to transact at the machine, the RockItCoin app works seamlessly with their ATMs.
RockItCoin installed two machines in the area. The newly installed machines are located in the Arco AMPM at 300 West Lake Mead Blvd and in the Wyndham Desert Blue at 3200 West Twain Avenue.
Bitcoin kiosks operate as an automated teller, exchanging digital bitcoins into US dollars or dollars into bitcoins. “Our kiosks provide consumers with a safe, efficient and fast way to obtain or sell bitcoins,” explained Dalesandro.
After providing the RockItCoin kiosk with proper identification and validation done through a cell phone's text messaging, customers can buy or sell bitcoin at the kiosk. Depending on the amount transacted, the whole process takes not much longer than a standard ATM visit.