Re: How to install a Bitcoin ATM in my city?

Quote from: CyberR. on December 19, 2017, 03:18:19 PM

Quote from: greeklogos on November 27, 2017, 05:54:39 PM

Hello everybody! I am thinking to start my own business and I though that maybe an installation of the first Bitcoin ATM in my city would be good idea which can bring me good income. But I have no idea from where to start, so I am here to hear all ideas, experience and advices.
Thank you!

In order to set-up a Bitcoin ATM in your city, the very first thing you got to make sure is that Bitcoin is legally recongnized in your country to avoid any legal prosecutions in future.

Next, You can check out https://localbitcoins.com/atm/order-your-own-bitcoin-atm
Localbitcoins offer Bitcoin ATM which will cost some initial investments.

Goodluck with the project

There is no place in my country where I can use my bitcoin because most of the people are still unaware of bitcoin and it will take some more time for them to invest are use bitcoin as their regular currency and for their shopping. Then it may possible that the management also installs ATM machines in my country and the big markets start accepting bitcoin as their payments. I will have to wait for some more time for ATM to be installed in my locality.