Post
Topic
Board Bitcoin Discussion
Merits 12 from 6 users
Topic OP
Start your own Bitcoin ATM business
by
CryptoYar
on 09/10/2020, 17:40:50 UTC
⭐ Merited by Coolcryptovator (5) ,buwaytress (2) ,Halab (2) ,shield132 (1) ,Bitcoin577 (1) ,ETFbitcoin (1)
As we all know, almost every country is working on giving legal status to bitcoin, and it is certain that very soon the whole world will give legal status to it. But more important is how we take advantage of this opportunity. I mean, we already buy and sell bitcoin, but if we want to make a permanent investment, it could be bitcoin ATM.

If the bitcoin in your country has got the legal status, you can set up a bitcoin machine in your area, or you can also select a place where you feel that people need a bitcoin ATM. From the list below you can choose the Bitcoin machine of your choice.


Producer Name | Price | Ongoing Fee | Shipping Cost | Verification Features | Already installed |
_________________ | _________________ | _________________ | _________________ | _________________ | _________________ |
GENESIS1 | $14,500 | 1% | FREE | AML/KYC/SMS   | YES   |
GENERAL BYTES | $3249 | N/A | FREE | AML/KYC/EMAIL/ FINGER PRINT | YES |
BITACCESS | $5000 | N/A | N/A | AML/KYC | YES |
COINSOURCE | N/A | N/A | N/A | AML/KYC | YES |
LAMASSU | €5,000 | N/A | N/A | AML/KYC | YES |
LIGHTNINGXCHANGE | N/A | N/A | N/A | N/A | YES |
BITSTOP | N/A | N/A | N/A | N/A | YES |
COVAULT | $8299.00 | N/A | N/A | AML/KYC | YES |
BYTEFEDERAL | N/A | N/A | N/A | N/A | YES |
SHITCOINS CLUB | N/A | N/A | N/A | N/A | YES |
BITXATM | €3,900 | N/A | N/A | N/A | YES |
ZZBIT | $1990 | N/A | N/A | N/A | YES |
TROVEMAT | $5500 | N/A | N/A | N/A | YES |
CHAINBYTES | $6500 | 1% | N/A | AML/KYC | YES |
RUSBIT | $6500 | N/A | N/A | N/A | YES |
WBTCB | N/A | N/A | N/A | N/A | YES |
BCASH | N/A | N/A | N/A | N/A | YES |
ORDERBOB | €5790 | N/A | N/A | N/A | YES |
BBFPRO | N/A | N/A | N/A | N/A | YES |
VAULT LOGIC | $20,500 | N/A | N/A | AML/KYC | YES |
CRYPTOMATICATM | $649,00 | 0.5% | N/A | AML/KYC | YES |
BITNOVO | N/A | N/A | N/A | N/A | YES |
WHITE EDGE | $6859.00 | $85.99 month | N/A | N/A | YES |
BTC FACIL | €10000 + VAT | N/A | N/A | N/A | YES |
WALLEDO | N/A | N/A | N/A | N/A | YES |
D.A.V.E | $2000 | N/A | N/A | AML/KYC/SMS | YES |
CONILOGIQ | N/A[ | N/A | N/A | AML/KYC | YES |
$614.79 | N/A[ | N/A | N/A | N/A | YES |
BITTELLER | $614.79[ | N/A | N/A | N/A | YES |
ASTRA PAY | €6000[ | 0.5% | N/A | N/A | YES |
CRYPTOGO | N/A[ | N/A | N/A | KYC | YES |
ANKERPAY | $2500[ | N/A | $1500 | AML/KYC | YES |
BTCRIOT | $500[ | 0-1% | N/A | N/A | YES |
CRIPTEC | $7.990[ | N/A | N/A | N/A | YES |



This Genesis1 ATM is two-way, ie bitcoin to fiat. Fiat to bitcoin. Not only this, Genesis1 also accepts litecoin and Dogecoin.




General Bytes is a one-way ATM it can only be used to buy Bitcoin or other cryptocurrencies with fiat




Bitaccess is a two way ATM. It can be used to buy or sell bitcoin. I don't know if this machine accepts any currency other than bitcoin.




The Coinsource company manufactures two types of ATM machines, one that can only be used to buy bitcoins. While its second version is used to buy or sell bitcoins.




Lamassu also manufactures two types of ATM machines like Coinsource, one only for buying bitcoin and the other one for both (buy and sell).




The LightningXchange currently manufactures one-way ATMs, from which bitcoin can only be purchased. There is no two-way automated teller machine yet.




Bitstop company also manufactures one-way automated teller machine, That is, you can only buy bitcoins with this machine and cannot sell.




The Covault ATM is two-way,  You can buy or sell bitcoins with it. I do not know if it supports any cryptocurrency other than bitcoin.






Bytefederal is a one-way ATM and more than one crypto currency can be purchased. ( It currently supports BTC, BCH, ETH, LTC and dash )




Shitcoins Club ATM is also one-way, just like Bytefederal it supports (Btc, Eth, Ltc and Dash).




BitXatm is a German company that manufacturers two-way ATMs, you can buy or sell bitcoin with it, But it does not support any other cryptocurrency except bitcoin.


More will be added soon..




Disclaimer:
My goal is not to promote these machines at all, but to give people an idea, and to show them the way to invest. And I also want to tell you that if your machine gets failed or can't run for any other reason, you may face a huge loss.


Useful links:
How to start a bitcoin ATM business : https://coinatmradar.com/blog/how-to-start-a-bitcoin-atm-business/
Revenue and costs of running a bitcoin ATM: https://coinatmradar.com/blog/how-to-start-a-bitcoin-atm-business/
Bitcoin ATM business profitability calculator:
https://coinatmradar.com/roi/bitcoin_atm_business_return_on_investment/

Sources
Code:
https://coinatmradar.com/manufacturers/