Shitcoins Club ATM is also one-way, just like Bytefederal it supports (Btc, Eth, Ltc and Dash).
Shitcoins.club ATMs are two-way. You also can't buy them, the company behind them makes them and operates them themselves.
Although we see it flourishing all over the place, I don't think it's a viable project in the long term. Only in the short/medium term.
Because with the accessibility we will have to buy/sell bitcoins for the mass, we will no longer need this type of machine. Especially when you pay a premium price compared to the rest of the methods. With time, it will become so easy that the average Joe won't bother to visit a BTC Atm.
Not to mention that some countries could, despite legal status, act in the same way as Germany did a few weeks ago when the country decided to ban the machines on their territory if they don't have an approval from a financial regulator. Something that could be difficult to get, depending how selective they're distributing license.
This adds a 'not to be neglected' problem to open a business in this niche. You can't know if the country decides later to change its mind regarding such business.
Because with the accessibility we will have to buy/sell bitcoins for the mass, we will no longer need this type of machine. Especially when you pay a premium price compared to the rest of the methods. With time, it will become so easy that the average Joe won't bother to visit a BTC Atm.
Not to mention that some countries could, despite legal status, act in the same way as Germany did a few weeks ago when the country decided to ban the machines on their territory if they don't have an approval from a financial regulator. Something that could be difficult to get, depending how selective they're distributing license.
This adds a 'not to be neglected' problem to open a business in this niche. You can't know if the country decides later to change its mind regarding such business.
Not all ATMs have huge fees and not all of them require KYC (yet). But yeah, it's a business that is easy to kill with burdensome red tape.