Bitcoin ATMs (Automated Teller Machines) have been popping up all over the world.Hong Kong, Australia, Dubai, and America, among other places, have operating Bitcoin ATMs.These ATMs have only become widespread in the past few months and are a very new and incomplete technology.Now, they’re coming to Africa.[dropcap size=”small”]B[/dropcap]itcoin’s first ATM in the vast continent of Africa is expected to be opened to the public in late May.The ATM will be owned by ZABitcoinATM.The first ATM will come to Johannesburg, South Africa.A second one, which will come a month after the first, will be installed in Cape Town, South Africa.The announcement of the ATM came from ZABitcoinATM on Twitter: We are bringing the first Bitcoin ATM into Africa!To be located in Sandton, Johannesburg, South Africa.ETA end of May 2014.—— @ZABitconiATM, 16 May 2014 A more in-depth description of the ATMs was posted on Bitcoin Talk, a Bitcoin discussion forum, by zabitcoinatm.The ATM will be the popular Lamassu Bitcoin ATM machine.

Lamassu boasts, “No Banks.bitcoin risikoFiat to Bitcoin in fifteen seconds.” Lamassu ATMs are currently $6,500 if you buy 1-9 machines, or $5,500 for ten or more.tv anchor bitcoinCaleb Chen, a fellow writer at CryptoCoinsNews, had a first-hand experience of using a Bitcoin ATM.bitcoin virus mapHe described the delay of using one and explained the process.bitcoin ngan hang nha nu?cAfter you wait in the possibly lengthy line at the ATM for your turn, you must go through multiple steps to verify your identity.jual bitcoin mining hardwareAs described by Chen, New users of the Robocoin ATM need to submit a telephone number for activation and notifications, government ID, palm scan, and current photo via the ATM’s webcam.trump soho bitcoin

After submission, the “application” is reviewed automatically, and most often requires manual verification to verify that the government ID’s picture and the current webcam picture match up.bitcoin price crash 2012You then have to relinquish your spot in line, depending how considerate of the line behind you are, until your new account with Robocoin is verified.litecoin chinaChen used the Robocoin Bitcoin ATM to sell Bitcoins to the ATM, and believes he is the first person to sell Bitcoin to a Bitcoin ATM in the USA.bitcoin trader for coinbaseAs Bitcoin becomes more integrated with the world, technologies like Bitcoin ATMs will be used to buy and sell Bitcoins to the general public.These technologies may be vital to the success of Bitcoin.Johannesburg, South Africa, will reportedly become the first city on the continent to host a permanent bitcoin ATM this May.

The start-up behind the plan, ZaBitcoinATM, says it ordered a Lamassu machine in February, and that it expects to receive the unit within days.ZaBitcoinATM revealed more details about the forthcoming launch in a Bitcoin Talk forum post, explaining: "We are in discussions with several restaurants/coffee shops and will be coming to a conclusion as to the final location once we have shown the interested parties the device."If all goes according to plan, Africa’s first bitcoin ATM will be in service by the end of the month.Johannesburg may seem like an obvious choice for the country’s first bitcoin ATM given its position as financial center, however, it may not have the only unit for long.A second bitcoin ATM is reportedly on the way, and it’s coming to Cape Town.ZaBitcoinATM has invited Cape Town’s bitcoiners to help choose the right spot for the unit via its Twitter account.Our next Bitcoin ATM will land in Cape Town, soon.We are open to suggestions as to the most convenient place for our users?

— 1st African BTC ATM (@ZABitcoinATM) May 20, 2014 The deployment is a sign of increasing bitcoin interest in Africa, as a number of charities and companies are looking at potential applications for bitcoin in the region.Additionally, many view the remittance market as the biggest opportunity in Africa.In a recent interview with CoinDesk, Kipochi co-founder Pelle Braendgaard explained why he believes bitcoin could make inroads into developing countries.Further, the work of companies like Robocoin to turn its ATM network into a global remittance service suggests a similar approach could be attempted in Africa.However, bitcoin is not the only option for tech savvy Africans.Since the continent still has a relatively low smartphone penetration rate, SMS money transfer services that can be used on practically any feature phone are quite popular.As such, some firms are expanding their operations and integrating with other money transfer services.One such hybrid service is 37Coins, which plans to offer worldwide bitcoin wallet access via feature phones, using its SMS-based wallet.

For more details on where you can find bitcoin ATMs in your area, view our complete Bitcoin ATM map.Bitcoin ATMs by Country Bitcoin ATMs are installed in many countries in the world.The current distribution of installations accross the countries can be found on The Chart of Bitcoin ATM number by Country or Bitcoin ATM installations by Continent.United States (867 locations) Canada (171 locations) United Kingdom (68 locations) Austria (37 locations) Spain (35 locations) Finland (22 locations) Switzerland (18 locations) Czech Republic (17 locations) Japan (16 locations) Australia (15 locations) Slovenia (8 locations) Netherlands (8 locations) Italy (7 locations) Slovakia (6 locations) Romania (5 locations) Hong Kong (5 locations) Macau (4 locations) Belgium (4 locations) Dominican Republic (4 locations) Serbia (3 locations) Mexico (3 locations) Indonesia (3 locations) Croatia (3 locations) Denmark (3 locations) Taiwan (2 locations) Malaysia (2 locations) Poland (2 locations) New Zealand (2 locations) Israel (2 locations) France (2 locations) Estonia (2 locations) China (2 locations) Greece (2 locations) VietNam (2 locations) South Korea (2 locations) Bulgaria (2 locations) Singapore (2 locations) Isle of Man (1 location) Jersey (1 location) Sweden (1 location) Ukraine (1 location) Thailand (1 location) Liechtenstein (1 location) Ireland (1 location) Kazakhstan (1 location) Hungary (1 location) Brazil (1 location) Barbados (1 location) Kyrgyzstan (1 location) Argentina (1 location) Philippines (1 location) Portugal (1 location) Panama (1 location) Norway (1 location) Lithuania (1 location) Saudi Arabia (1 location)