Altcoin ATM

[goldenfleece]

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?

[Liquid71]

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.

[goldenfleece]

But should not it be linked with some bank using the hard currency?

[brian_notgrr]

There's probably an opportunity in the US for the next few years due to some peculiarities in the law

[CryptoWatcher420]

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.

[SonyEricSon]

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

[eckmar]

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.