The King SERIES is designed to be self-standing and can be mounted on the floor for extra security. One of the most notable features is that some of King models are bi-directional which are capable of converting cash to cryptocurrency as well as cryptocurrency to cash, one of the new trends in the cryptocurrency industry.
In order to meet the needs of our ATM operators, we offer multiple configurations based on the King platform. King models differ primarily in the number of banknotes they can accept or have available for the end-user.
40+ cryptocurrencies supported.
POINT OF SALE INTEGRATED
Start accepting bitcoin payments for products sold in your store via your own Bitcoin ATM. No need for an additional tablet to accept bitcoin payments in for example restaurants or stores. One awesome feature you won’t find anywhere else is that staff members can receive their tips in bitcoin on their own wallet address.
SECURE BY DESIGN
The Bitcoin ATM Terminal only communicates with the server over HTTPS.
The CRYPTOMATIC / CAS server communicates with cryptocurrency exchanges and hot wallets. The ATM does not store any cryptocurrency itself and it is the server that takes care of this. Hotwallets for the ATM can be online or self-hosted such as a bitcoin-core wallet running on the same server.
NO VOLATILITY RISKS
Unlike other Bitcoin ATM’s, purchases are made on the configured cryptocurrency exchange at the time of cash insertion. This reduces volatility risks for an operator. Operators can also choose to run in a standalone mode with no exchange involvement, perfect for those that already own the Bitcoin they want to sell. Exchange rates are updated every 30 seconds.
REMOTE MANAGEMENT AND MONITORING
Terminal configuration is retrieved from the server by the ATM. Configuration options on the server include online terminal status, current cash box contents, exchange rate, cash transaction limits (per hour, per day, per month), customer behaviour, performed transactions and their status. The server sends end-user email notifications to the operator regarding certain events such as when transactions are performed or when a certain level of cash in the terminal has been reached.
REMOTE SOFTWARE UPGRADE
Future software updates are distributed over the internet without the need of user intervention. This dramatically reduces operator expenses as there is no need to visit the ATM in person to perform an upgrade of the machine.
AML AND KYC
Customers identity can(optionally) be checked using the fingerprint reader, cellphone number verification, id card scan or selfie verification to increase their cash limits. AML / KYC laws differ all over the world but CRYPTOMATIC is the only manufacturer flexible enough to accommodate to even the tightest AML / KYC regulations.
Your ATM can notify you when cash inside of the machine reaches a certain threshold when the ATM is offline for more than one hour or whenever a transaction has been made. This way you know exactly what’s going on with your ATM, wherever you are.