Bitcoin ATMs: A Growing Business Opportunity

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Bitcoin ATMs: A Growing Business Opportunity

Now is your opportunity to obtain in on the emerging cryptocurrency ATM market as a bitcoin ATM driver. Since March 2015, 119 bitcoin ATMs had actually been mounted in the U.S., baseding on Coin ATM Radar. By 2016, that number is anticipated to be in the thousands. As the marketplace grows, your income could grow with it.

Bitcoin ATMs supply an efficient and also protected method to buy and sell bitcoins. For those brand-new to cryptocurrency, ATM Marketplace, an ATM market resource, has actually launched a 40-page quick guide on bitcoin ATMs that checks out every facet of the business opportunity. The report is labelled, “Bitcoin ATMs 101: Opportunities for the IAD.” (IAD stands for independent ATM deployment.) The guide describes all you need to know about bitcoin ATMs, consisting of: bitcoin essentials, concerns as well as sorts of bitcoin ATMs.

The guide likewise outlines ATMs from 8 of the biggest bitcoin ATM producers: BitAccess, BitXatm.com, Coin Outlet, General Bytes, Genesis Coin, Lamassu, Robocoin and also Skyhook. It also outlines the different ID confirmation processes.

For existing ATM operators, bitcoin offers an opportunity to produce additional profits streams at their ATMs by merely setting up bitcoin software program, allowing them to supply bitcoin in addition to traditional money.

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The income possibility for bitcoin ATMs is extremely high. Bitcoin purchase costs for dealing at bitcoin ATMs is 6 percent. Along with purchase fees, drivers can make money on money “float,” where bitcoin drivers could sell bitcoin at a greater price than they paid for it.

According to the quick guide, prime bitcoin ATM locations are reporting regular monthly deal volumes ranging from $70,000 to $300,000. Some drivers have been covering the cost of their equipments in three to 9 months.

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