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.
Thanks for that, please post anything you find. Yep, I can't see the value in leasing or franchising, there are couple of players in the UK space who offer free installs and you generally charge them a rent....that's not for me, I want to get my hands dirty. I've had legal advice on the UK position. Think my real problem is equipment, software and judging market potential