Post
Topic
Board Bitcoin Discussion
Re: What are the profit margins on Bitcoin Atms?
by
olubams
on 05/11/2018, 17:20:08 UTC
I've heard some exorbitant fees are being charged by the people that own these Bitcoin ATMs (which are probably a huge turn off to people, but then again if people are willing to pay for it then so be it) But I wanted to know if anyone on here actually owned one and could provide some insight into the amount of money that can be made by owning one of them, two of them, etc.

Let me know!

Its not about what is being said, its a fact on the margin that is being attached to the buying and selling of bitcoin on the atms and it's really not their fault because looking at the cost of installing the ATM machines, the security around it, the back end firewall that needs to be up to date, the liquidity that also need to be maintained the margin is surely justified but the concern is for those who are newbies and wanted to try something out would realise how they have been cheated by these capitalists when they realise that they could actually get it cheaper.