Post
Topic
Board Bitcoin Discussion
Re: BTC ATM's installation and business model, any advice?
by
andulolika
on 15/02/2020, 11:57:33 UTC
I am UK based and looking to setup a BTC ATM, initially just one or maybe two locations, I'd rather not lease or take on a franchise, but run a machine myself. Has anyone any experience in this?, where's a good place to buy the actual machines? - I've seen a range of prices from US to China, how is easy is the software setup? I know the turnover question is difficult to answer but selling small amounts of SATs, can one location sell up to 1 btc per day?, any other things I should be aware of? BTW am pretty much clued on local laws in the UK.
Thanks in advance

Ugh, no idea about regulations, I will try searching bout some nice ATMs I seen a while ago but it was few operative systems back so probably lost.
Anyhow leasing or taking on franchise isn't a good idea imho. Good luck and cheers for making bitcoin easy.

On a side note I'm waiting for my crypto visa, the atm's won't be doing very well as soon as these visas start proliferating.