The world's second Bitcoin ATM is due to land in Hong Kong by the end of this month, according to U.S. based software company Robocoin.

The machine, available for sale to individual operators such as banks and private entrepreneurs, allows users to buy or sell Bitcoin in just a few minutes.

The process should be much faster than setting up an account on an exchange or via mobile apps and computers which could take a few days for account verification.

This file photo shows users waiting in line to use the world's first real Bitcoin ATM in Vancouver, Canada on October 29, 2013

The advent of Bitcoin ATMs is seen as a step towards bringing the digital currency into the real world.

(Source: CNN)