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Author Topic: How to install a Bitcoin ATM in my city?  (Read 1001 times)
HSRP
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January 07, 2018, 09:39:52 PM
 #41

Contacting related bitcoin companies in your area would be a good start. Also doing research on the existing regulations of running the btc atm in your location will help.
This is where you need to contact the local government where you live and make sure your country government accepts bitcon transactions in the community, because if the government does not accept it, legally you This can not be done. There are already a few bitcoin countries that have installed a lot of bitcoin ATMs to facilitate their transactions.

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January 07, 2018, 09:56:57 PM
 #42

Hello everybody! I am thinking to start my own business and I though that maybe an installation of the first Bitcoin ATM in my city would be good idea which can bring me good income. But I have no idea from where to start, so I am here to hear all ideas, experience and advices.
Thank you!

In  my own opinion you cannot ,starting your own business of installing bitcoin atm without legal consent by the government,because you need first legalize bitcoin in your country.should i asking you which country did you from?is its oke in your country to install a bitcoin atm business?.will in my country thats things would not been happen because its a long process,unlike japan that they are open up the bitcoin as legal and part of there economy growth.If in your country bitcoin is legalized will go on,stick to your  plan,and if you thinks thats its a long process of investment avoid that and change your plan.will why you should not  try an platform trading site investment maybe its suits for you.

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January 10, 2018, 04:41:30 PM
 #43

Hello everybody! I am thinking to start my own business and I though that maybe an installation of the first Bitcoin ATM in my city would be good idea which can bring me good income. But I have no idea from where to start, so I am here to hear all ideas, experience and advices.
Thank you!
It's a good thing you want to build Bitcoin ATM, but I do not think it can be done by one person. Perhaps you can work with a bank and government, frankly you're in a diffucult situation. You will also need a cards. I hope you can build the Bitcoin Atm.

Yep, it’s really not easy for you to do this plan by yourself. You are an active person, you can do your proactively by sharing this with your friends or other. It will depend much on your situation, your country. Whether your government accept with your idea ? With the popular of  bitcoin, it trends to make your idea come true easily. I guess that most of us all hope and habour dream to build a bitcoin ATM for us country
I hope that you can complete your plan early.

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January 14, 2018, 03:21:20 PM
 #44

I really want to install ATM bitcoin in my city to facilitate my transactions so I do not need transactions through other countries then newly disbursed into Rupiah currency.
However, unfortunately, bitcoin in Indonesia is forbidden even I hear the problem that bitcoin in Indonesia will be strictly prohibited and Indonesians who use bitcoin as a business or investment can not transact with bitcoin anymore. Is there a solution to this problem that I experienced?

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January 14, 2018, 03:32:09 PM
 #45

I really want to install ATM bitcoin in my city to facilitate my transactions so I do not need transactions through other countries then newly disbursed into Rupiah currency.
However, unfortunately, bitcoin in Indonesia is forbidden even I hear the problem that bitcoin in Indonesia will be strictly prohibited and Indonesians who use bitcoin as a business or investment can not transact with bitcoin anymore. Is there a solution to this problem that I experienced?

It is not all a easy thing to install ATM in your city. You have to get the proper authorisation from the government department to install the ATM for bitcoin in your location. Have to check the BTC ATM providers available in your location to help you do all prospects for that.
Then only you can have bitcoin ATMs in your city. Check the provider facilate in surf to check in Google itself.
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January 15, 2018, 11:20:37 AM
 #46

a very good idea, but in any case you need a development team, an investor, and connections with the ATM BCM!
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January 15, 2018, 12:13:54 PM
 #47

Hello everybody! I am thinking to start my own business and I though that maybe an installation of the first Bitcoin ATM in my city would be good idea which can bring me good income. But I have no idea from where to start, so I am here to hear all ideas, experience and advices.
Thank you!
Wow it's a great idea. Actually it's depends in your local area. If your local area many bitcoin user you can success and You will be profitable.
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January 15, 2018, 12:14:15 PM
 #48

Omg  Undecided Undecided Undecided Undecided
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January 15, 2018, 12:54:18 PM
 #49

Hello everybody! I am thinking to start my own business and I though that maybe an installation of the first Bitcoin ATM in my city would be good idea which can bring me good income. But I have no idea from where to start, so I am here to hear all ideas, experience and advices.
Thank you!

If you really love to make that kind of business then you should try for it. That sounds great.But i don't have any ideas but all I can say is you must be smart in doing this and consider the coins value.

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January 18, 2018, 07:22:08 PM
 #50

a very good idea, but in any case you need a development team, an investor, and connections with the ATM BCM!
Bitcoin is decentralized and the government has nothing to do with bitcoin and they may not allow you to install ATM in your city. The big problem is the users if there is no user in your city then installing ATM will not be a good idea. Users are mandatory to use ATM for their transactions. I would like to advise you to invest in bitcoin besides installing an ATM in your city. You will make more money from your investment.

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January 18, 2018, 08:45:54 PM
 #51

a very good idea, but in any case you need a development team, an investor, and connections with the ATM BCM!
Bitcoin is decentralized and the government has nothing to do with bitcoin and they may not allow you to install ATM in your city. The big problem is the users if there is no user in your city then installing ATM will not be a good idea. Users are mandatory to use ATM for their transactions. I would like to advise you to invest in bitcoin besides installing an ATM in your city. You will make more money from your investment.
This would be on case to case basis only.If his country or place do have some good significant amount of bitcoin users then its ideal to put some ATM but should really set some reasonable interest on each bitcoin being bought by them because if they would find out its way more expensive than on buying on exchange then this thing wont really be worth of since people will surely neglect.Just only set reasonable price and also adoption and awareness will be there also which would really potentially increase even more bitcoin users on the place.

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January 18, 2018, 09:15:19 PM
 #52

ATMs are possible only with the permission of the state. Legally they are installed only in Japan

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January 19, 2018, 04:37:22 AM
 #53

I really want to install ATM bitcoin in my city to facilitate my transactions so I do not need transactions through other countries then newly disbursed into Rupiah currency.
However, unfortunately, bitcoin in Indonesia is forbidden even I hear the problem that bitcoin in Indonesia will be strictly prohibited and Indonesians who use bitcoin as a business or investment can not transact with bitcoin anymore. Is there a solution to this problem that I experienced?
Installing ATM is a good idea but I think that you will find no supporter in your city specially in such places were the bitcoin users are few because it is a new thing and people will not welcome it because if they have no bitcoins such ATM will be of no use for them. If you have users then you try to install a Bitcoin ATM. But the government recognition is also mandatory. It is not so easy to install bitcoin ATM in your city.
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February 26, 2018, 05:24:38 PM
 #54

it is very interesting if its in my city bitcoin ATM. this is very good idea until now how much bitcoin holders capacity in this country is it possible the government let it ..? this can be a big market for bitcoin.dan facilitate to transact ...
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February 26, 2018, 08:33:17 PM
 #55

I really want to install ATM bitcoin in my city to facilitate my transactions so I do not need transactions through other countries then newly disbursed into Rupiah currency.
However, unfortunately, bitcoin in Indonesia is forbidden even I hear the problem that bitcoin in Indonesia will be strictly prohibited and Indonesians who use bitcoin as a business or investment can not transact with bitcoin anymore. Is there a solution to this problem that I experienced?
Installing ATM is a good idea but I think that you will find no supporter in your city specially in such places were the bitcoin users are few because it is a new thing and people will not welcome it because if they have no bitcoins such ATM will be of no use for them. If you have users then you try to install a Bitcoin ATM. But the government recognition is also mandatory. It is not so easy to install bitcoin ATM in your city.
It is also necessary to raise the issue of taxing this business, as well as any transaction in this ATM. And this will already affect the user himself, because he will need to pay a large percentage for transactions. In general, legalization in many countries is difficult, because some officials consider the crypto currency to be a threat to their national security.
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February 27, 2018, 02:52:21 AM
 #56

If you're planning to expand more your business and make an ATM in your city, that might be a good idea. But, before you will install the ATM machine make sure that the government of yours allows it because as you can see, many countries banned bitcoin and it sounds good if your country is open for bitcoin especially your government.
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February 27, 2018, 02:10:35 PM
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 #57

I just saw the weirdest place to have an ATM where you would never expect to see one ever in your life! Shocked
Out in the jungle....

In the middle of nowhere!
 Grin

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February 27, 2018, 02:19:02 PM
 #58

Months back due to the increased transaction fee collected on atm units, people started to avoid ATM usage completely. In this regard large number of atm's were taken back by the company. By this time implementation of bitcoin atm won't be that profitable. Better is to think of something unique.

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February 27, 2018, 02:23:24 PM
 #59

Very Good info shared by forum friends thanks ATM is one of the best way to get profit but in my opinion you will need dealing with good exchange and also prior permission from your state authorities.

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February 28, 2018, 01:05:49 AM
 #60

I just saw the weirdest place to have an ATM where you would never expect to see one ever in your life! Shocked
Out in the jungle....

In the middle of nowhere!
 Grin
Wow you made my dawn, it's a province I guess. That place province / jungle is even luckier than mine in the city because I haven't seen that there's any near bitcoin ATM here. Though I know that there's one existing in other place in my country but I can't travel that long. You may contact the exchanges locally that are operating in your country and ask them to create one but for a country that prohibits bitcoin? this is tough.

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