“You provide us with a phone number and valid mailing address and we send you a validation code. Once you enter your validation code you have a choice to receive your BitcoinCT r: 10 into your digital wallet or use the printed QR code. Once you have selected how you want to store your Bitcoin you simply insert the cash, click send and get a printed receipt. The process from start to finish at the RockItCoin ATM is around 4 minutes”.
But RockItCoin will try to decrease them as soon as possible: “As with any early adoption technology, costs tends to start on the high side, but demand will drive the cost and the liquidity down over time”, promises Dalesandro.
These four new RockItCoin ATMs have been installed at the Food N’ Fuel petrol station in Frankfort, at Lenny’s Gas N’ Go in Kankakee, in Flanagan’s Bar and Grill in North Chicago and in Sherry’s Food Mart in Chicago.
These machine are one-way only, so just for buying and not for selling, but “we offer both one-way and two-way machines, it’s up to the store owner on what kind of machine they prefer,” said Dalesandro.
Illinois seems a great Promised Land for Bitcoin as this state has a high density of BTMs (more than 30 as suggested by CoinDeskCT r: 8.com).
In fact “Illinois has taken a positive position on bitcoin in general so that would likely be why we see so many showing up in the market. And there is a very active meetup group there”, said Eric Grill, CEO at CoinOutletCT r: 260 Inc.
Source : http://cointelegraph.com/news/116045/chicago-to-get-new-bitcoin-atms-from-rockitcoin