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Title: Altcoin ATM Post by: goldenfleece on July 26, 2017, 07:52:47 PM Is not it wonderful to have ATM in country from where you can withdraw altcoins in cash?! I would love to have that in my country.
Did you use altcoin ATM in any country? Title: Re: Altcoin ATM Post by: Liquid71 on July 26, 2017, 08:10:28 PM There are litecoin and Dash ATM's already in existence. It's easy to add an altcoin onto a Bitcoin ATM, following the laws is the hard part if you are planning to invest in putting up ATM you will need a good lawyer to help set it all up legally.
Title: Re: Altcoin ATM Post by: goldenfleece on July 26, 2017, 08:29:45 PM But should not it be linked with some bank using the hard currency?
Title: Re: Altcoin ATM Post by: brian_notgrr on July 28, 2017, 03:18:39 AM There's probably an opportunity in the US for the next few years due to some peculiarities in the law
Title: Re: Altcoin ATM Post by: CryptoWatcher420 on July 28, 2017, 08:05:49 AM There's probably an opportunity in the US for the next few years due to some peculiarities in the law why have a new atm installed when theres already stuff around that utilizes current ATMs, like the shift visa card. there is also one other one like the shift visa card that I cannot think of at the moment. Title: Re: Altcoin ATM Post by: SonyEricSon on July 28, 2017, 03:32:59 PM Not all altcoins can have ATMs, because they do not necessarily have stable finances like ETH and bitcoin, things like this will be hard to do
Title: Re: Altcoin ATM Post by: eckmar on July 28, 2017, 04:38:50 PM To purchase and then run an ATM is not that cheap, so most of them have very high fees (give you very bad exchange rates) in order to profit. I do have BTC ATMs in my country (multiple Companies) but as for now I always found my best bet to be localbitcoins National Bank Transfer.
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