Post
Topic
Board Goods
Re: Bitcoin ATM for sale - $1999 (excl shipping)
by
pezdspense
on 02/05/2018, 00:22:58 UTC
How do we get paid? Does someone come collect cash or do we pay in advance for crypto before each transaction? Let me know very interested thanks!
Yes, in fact you're selling your own crypto using these machines. You need to get crypto in advance (either buy it or mine it). That's why our machines are perfect companion for miners. You may sell your crypto for a fee, the usual fee is 3-6%% plus network/withdrawal fee.
If you aren't mining, we recommend buying USDT (or any other fiat-fixed coins/tokens) and use it for auto-conversion to any desired crypto a customer could buy using your Trovemat. This way you are protected from rate volatility risks. If your exchange can't convert from USDT to some crypto, don't worry: Trovemat automatically will make a cross-conversion for you. For example: USDT--->BTC--->{some_wierd_crypto}. And of course Trovemat will calculate all expenses (trading fees) for cross-conversion, so you won't loose a penny from it Smiley

Why can I not connect to my favorite exchange via API call? No risk at all, I never own any crypto, customer gives 500 bucks and machine goes and purchases it from exchange then sends to them later. Or am I misunderstanding you?
It is what this ATM actually do. Not sure about cash-in/out capability though.