Total number of Genesis Coin ATMs installed: 1172
About: Genesis1 is the Bitcoin ATM produced by San Diego, CA, US based company Genesis Coin Inc. The Genesis Bitcoin machine represents a solid ATM with all AML/KYC features required. By request an optional finger print scanner could be added. SMS verification function, identification card reader, and a high-definition camera could be used in order to comply with regulations in place.
This is a two-way Bitcoin ATM, so both fiat money to Bitcoin, and Bitcoin to cash transactions could be done. Interesting is the fact that this ATM supports three cryptocurrencies: Bitcoin, Litecoin and Dogecoin, which is opposite to only Bitcoin normally with other ATMs.
The bill capacity for this Bitcoin machine is:
- 2,200 note International Bill Acceptor
- 1,700 to 6,800 note Bank-grade Cash Dispensing System
Company provides a policy of white-labeling and allows flexible branding of the machines run by operators.
In the end of July 2014 through its twitter channel the company announcedits one-way Bitcoin ATM called Satoshi1.
- $14,500 for Genesis1 Bitcoin machine (2-way)
- $6,800 for Satoshi1 Bitcoin machine (1-way)
- $8,900 for Satoshi2 Bitcoin machine (2-way)
1% ongoing fee from the transaction volume for software usage.