Robocoin Eases Onboarding Process with Online Verification
Robocoin has simplified the registration process for new users of its ATMs, enabling them to first create an account online before ever visiting a machine.
By verifying an email address and phone number, customers will now be able to sign up and create a wallet via the firm's website.
This initial registration enables the user to transact with bitcoin only, however. To use fiat currency (and hence an ATM), full online verification must be carried out via a social media login and upload of an ID scan.
Previously, users had to endure a rather time-consuming process, which included attending an ATM to scan palm and ID, pose for a photograph and verify a phone number.
The firm says registering online gives users the ability to load bitcoin into their wallets before visiting a machine, thus letting them "instantly" withdraw cash.
The news follows rumours last month suggesting that Robocoin may be looking to expand the means by which it allows consumers to buy and sell bitcoin – possibly in a shift away from the technical difficulties of managing a hardware-based ATM network.
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Digital assets posted a third consecutive quarter of losses in Q2 2026, the longest losing streak since the 2022 bear market, as institutional capital rotated into AI equities and Bitcoin ETFs recorded their largest quarterly outflow since launch. Our report examines what drove the divergence, where structural adoption continued regardless, and what Q3 signals to watch.
Digital assets posted a third consecutive quarter of losses in Q2 2026, the longest losing streak since the 2022 bear market, as institutional capital rotated into AI equities and Bitcoin ETFs recorded their largest quarterly outflow since launch. Our report examines what drove the divergence, where structural adoption continued regardless, and what Q3 signals to watch.
Why it matters:
Digital assets posted a third consecutive quarter of losses in Q2 2026, the longest losing streak since the 2022 bear market, as institutional capital rotated into AI equities and Bitcoin ETFs recorded their largest quarterly outflow since launch. Our report examines what drove the divergence, where structural adoption continued regardless, and what Q3 signals to watch.
