Post
Topic
Board Bitcoin Discussion
Re: IS BITCOIN ATM PROFITABLE BUSINESS ?
by
Velkro
on 20/02/2019, 15:47:57 UTC
For the past few week i having thinking about Starting My own  bitcoin ATM company , i have been  doing allot of research about it and its seems there going to high  cost as start up  .. My country is the one top 5 africa countries that uses bitcoin but yet i have never seen any bitcoin ATM here . I really need advice from you guys .  Is bitcoin A profitable Business and if you any manufactures of this ATM you can recommend to me !!
Its risky business because you step out of internet world where you don't have high costs included.
So you need to buy expensive machines, you need to rent place to put them, you need to pay for servicing it, you need to consider devastation of your property also.
Taking all this into consideration no wonder ATM business have so much fees when buying from them like 30%