Bitcoin ATM for sale - $1999 (excl shipping)

[nandikaru]

Is this outdoor or indoor machine?

Can you configure it to work with EUR, USD and HUF notes?

Local pickup in vienna would be great.
Thanks!

[lysha]

Is this outdoor or indoor machine?

Can you configure it to work with EUR, USD and HUF notes?

Local pickup in vienna would be great.
Thanks!

Its vandal-proof indoor machine.
It DOES support HUF, USD and EUR.

[TunerDude007]

I am interested and I live in Canada. No government registration required for both buy and sell operations.
Questions
Can the T1 do both buy and sell?
Can I connect to an exchange via API? I dont want to have my own wallets and own crypto, too much fluctuation risks
Will bill checker work with Canadian funds? Or will I hafto buy more parts?

[TunerDude007]

How do we get paid? Does someone come collect cash or do we pay in advance for crypto before each transaction? Let me know very interested thanks!

Yes, in fact you're selling your own crypto using these machines. You need to get crypto in advance (either buy it or mine it). That's why our machines are perfect companion for miners. You may sell your crypto for a fee, the usual fee is 3-6%% plus network/withdrawal fee.
If you aren't mining, we recommend buying USDT (or any other fiat-fixed coins/tokens) and use it for auto-conversion to any desired crypto a customer could buy using your Trovemat. This way you are protected from rate volatility risks. If your exchange can't convert from USDT to some crypto, don't worry: Trovemat automatically will make a cross-conversion for you. For example: USDT--->BTC--->{some_wierd_crypto}. And of course Trovemat will calculate all expenses (trading fees) for cross-conversion, so you won't loose a penny from it

Why can I not connect to my favorite exchange via API call? No risk at all, I never own any crypto, customer gives 500 bucks and machine goes and purchases it from exchange then sends to them later. Or am I misunderstanding you?

[pezdspense]

How do we get paid? Does someone come collect cash or do we pay in advance for crypto before each transaction? Let me know very interested thanks!

Yes, in fact you're selling your own crypto using these machines. You need to get crypto in advance (either buy it or mine it). That's why our machines are perfect companion for miners. You may sell your crypto for a fee, the usual fee is 3-6%% plus network/withdrawal fee.
If you aren't mining, we recommend buying USDT (or any other fiat-fixed coins/tokens) and use it for auto-conversion to any desired crypto a customer could buy using your Trovemat. This way you are protected from rate volatility risks. If your exchange can't convert from USDT to some crypto, don't worry: Trovemat automatically will make a cross-conversion for you. For example: USDT--->BTC--->{some_wierd_crypto}. And of course Trovemat will calculate all expenses (trading fees) for cross-conversion, so you won't loose a penny from it

Why can I not connect to my favorite exchange via API call? No risk at all, I never own any crypto, customer gives 500 bucks and machine goes and purchases it from exchange then sends to them later. Or am I misunderstanding you?

It is what this ATM actually do. Not sure about cash-in/out capability though.

[Zanbarx]

Can you get me a shipping quote to 70808? Thanks!

[TunerDude007]

Ok I checked the site. I like the trovemat's. Can I disable the KYC sms check? Also I think only the T2 has buy and sell option but very little details on site.

I would like to ad option for Canadian exchanges
Quadriguacx and Coinsquare.

[lysha]

Ok I checked the site. I like the trovemat's. Can I disable the KYC sms check? Also I think only the T2 has buy and sell option but very little details on site.

I would like to ad option for Canadian exchanges
Quadriguacx and Coinsquare.

Yes, SMS check can be easily disabled if you don't need it.

We do not recommend it though. Just imagine - a customer has paid for crypto, received a receipt, but something went wrong with sending (limits of your exchange accounts/bad address/you name it...)

For your scenario we are thinking to make SMS or E-mail option for receipts as well, especially failed ones.

[lysha]

Can you get me a shipping quote to 70808? Thanks!

Hi, for some reason the shipment company can't give quotes for your zip code. We have contacted them to clarify.
But shipping to IAH (Houston Airport) is $770 and takes 5 days.

[lysha]

I own a very busy 24-hour coin laundromat in Phoenix, Arizona.  Our regular ATM does a massive amount of business each month and I suspect a cryptos ATM would also do well.  There are several placed locations nearby that also sell cryptos through their machines.  Coinsource is a big competitor but their machines are only company owned.  I would like to place a machine in our business but am concerned about money transmitter regulations.  Don't want to get shut down.  The laundromat is our bread and butter for multiple families. 

Can someone help that may be familiar with Arizona laws.  I'm willing to pay for good advice, but don't want to locate and hire a lawyer... not sure where to look and it'll probably cost over $1000 for someone's opinion.

Hi, it seems like in AZ you might need MSB registration at FinCEN. We could cooperate and go together to explore AZ laws for crypto if you are interested.

[lysha]

I am interested and I live in Canada. No government registration required for both buy and sell operations.
Questions
Can the T1 do both buy and sell?
Can I connect to an exchange via API? I dont want to have my own wallets and own crypto, too much fluctuation risks
Will bill checker work with Canadian funds? Or will I hafto buy more parts?

Hi, T1 is sell only, but T2 is buy and sell. https://trovemat.com/collections/crypto-atms/products/trovemat-t2
It is more expensive, but it built upon well tested platform that proved its good design in the field.

Please feel free to ask me more, if interested.

[Spazzer]

Is your software open sourced? Just looking for some verification that jetcrypto.com and Trovemat are legitimate.

Most of the social is non-existent and nothing on github but php. I'm hesitant in registering with SMS required on the site to do a deep dive for information.

If anyone can give me some insight that would be great.

Edit: https://trovemat.com seems to be down now.

[lysha]

Is your software open sourced? Just looking for some verification that jetcrypto.com and Trovemat are legitimate.

Most of the social is non-existent and nothing on github but php. I'm hesitant in registering with SMS required on the site to do a deep dive for information.

If anyone can give me some insight that would be great.

Edit: https://trovemat.com seems to be down now.

1. We plan to open source Trovemat software as soon as it will be widespread. So far there is no point in open sourcing it, our clients are welcome to audit the code after signing NDA.

2. Trovemat website is running by JetCrypto, LLC and has been verified by Shopify, plus PayPal, BitPay and GoCoin payment processors. You can't accept Visa/MasterCard/Diners and AMEX without business verification.

3. Social Media are very important to us, but we've decided to focus on engineering and QA at this point, because the project is still under heavy development and new features are being added on a daily basis.

4. I am not sure about what SMS verification you mean. Could you please clarify that?

PS. Thanks for notifying me about website down - we are doing some maintenance now

[lycipher]

Your website has two options for each model: NEW and REF.
Now, what is the difference between these two?
Teh price is almost cheaper for REF...
Is it used ones? How heavily used? Does it have the same warranty as NEW ones?
The REF ones are pretty affordable, but is there some catch?

[lysha]

Your website has two options for each model: NEW and REF.
Now, what is the difference between these two?
Teh price is almost cheaper for REF...
Is it used ones? How heavily used? Does it have the same warranty as NEW ones?
The REF ones are pretty affordable, but is there some catch?

REF is used payment kiosk that has been professionally restored.
1. It is completely repainted, so it looks absolutely new.
2. Some components are new: touch-screen glass, locks, modem, camera.
3. Some components are refurbished (serviced used components), such as bill validator, receipt printer, controller PC.
REF has limited seller warranty, but it is expandable for extra cost.

NEW ones are completely new and all components are covered by manufacturer warranty.

[Trovemat]

Can you get me a shipping quote to 70808? Thanks!

Hi, for some reason the shipment company can't give quotes for your zip code. We have contacted them to clarify.
But shipping to IAH (Houston Airport) is $770 and takes 5 days.

At this moment we have new forwarder and shipping cost could be even less

[darenyu]

@lysha

Interested, trying to send you a pm but you have the newbie option turned off in your profile

Profile -> Personal message options -> allow newbies to send you PMs.

[lysha]

@lysha

Interested, trying to send you a pm but you have the newbie option turned off in your profile

Profile -> Personal message options -> allow newbies to send you PMs.

Hi, thanks for the hint. I’ve done that.

[Taki]

How fast  such investment will be paid off. The ATM + shipping in sum give pretty high investment, especially for people with East Europe salaries, so how much profit the ATM may bring per month of expluatation?

[lysha]

How fast  such investment will be paid off. The ATM + shipping in sum give pretty high investment, especially for people with East Europe salaries, so how much profit the ATM may bring per month of expluatation?

Return of Investment (ROI) really depends on multiple factors. How high transaction fee will be? How many people will buy crypto? What is average transaction amount?

In brief I can tell you, that if you install Trovemat in crowded area with high density of crypto-aware people, ROI could be as low as 4 months.
You may also get a lot of traffic from coinmap.org if you list your Trovemat there.