How to Start Bitcoin ATM Business in 

5 Steps

 WITH BITCOIN ATM KIOSKS BY CHAINBYTES

How to Start

Steps to start:

1.    Buy Bitcoin ATM machines from chainbytes.com
2.    Register AML/KYC requirements, in USA with btmcompliance.com
3.    Setup Wallet for funding machines at block.io
4.    Deploy Machine to a Location
5.    Service Cash

Starting bitcoin ATM business is easy if you follow the basic preparation steps. You need to get acquainted with the regulation in your area and find a banking partner. Open a hot wallet and find a good spot for your machines. While operating bitcoin ATM business you need to organize cash service.

Process Explained 

1. Buy Bitcoin ATM from chainbytes.com

Choose between Bitcoin ATM models and place the order by adding machines to your Cart and initiating order requests. Our team will get in touch in the next 24h. The invoice for the machine order will be sent to your email.

2. Register AML/KYC requirements, (if in USA) with btmcompliance.com

To operate Bitcoin ATM you will need to meet all local regulations. For operators planning the operation in the USA, company BTMcompliance can provide you with a written KYC/AML program, file for your registration with FinCEN as well as monitoring of transactions, clearing of flags and filing necessary reports to governing bodies.You can contact them via their website www.btmcomplianc.com or you can request from our representatives to put you in touch with BTMcompliance officer.

3. Setup a Wallet at block.io

Go to Block.io and set up the wallet, this wallet will serve as your Hot wallet machines will connect too. Store securely all of your passwords and keys. Assure to keep your bitcoin wallet secure. With our machines, you are the owner of the wallet and you are holding the keys.

4. Deploy Machine to Location

Find a suitable Hosting Location for your machine. High foot traffic locations with long opening hours are reported as locations with a higher volume of transactions.

5. Service Cash

Once the Bitcoin machine is deployed you will need to empty our machines of cash and place the cash at your bank account.
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1. Buy Bitcoin ATM machines from chainbytes.com

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2. KYC/AML program (in USA) with btmcompliance.com

 

 

 

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3. Setup Wallet for funding machines at block.io

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4. Deploy Machine to Location

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5. Service Cash

Our Bitcoin Kiosks

 BITCOIN ATM KIOSKS BY CHAINBYTES

Operator Experiences

Starting Bitcoin ATM Operation is easy.

Watch these 4 videos to learn about the operational experience of one of ChainBytes Operators. In the video, Oprator is giving us his take on the operation, operational costs and profit from Bitcoin ATMs.

In the other videos you can see the Operator process for emptying cash from the machines, as well as how to check the status of the machines and see the cash available remoutyly and all via our back-office platform Dashboard.

Finally the last video demos one of our 1-way Bitcoin ATM Desktop units, where you can see hardware components of the machine. 

ChainBytes Operator BcSystem Explains BTM Operation, Operational Bases and His Take on the Day to Day Operation and Operational Cost

Operators Reviews:

We tested several different manufacturers until we found a proper partner in ChainBytes. Our clients are extremely happy with the simple process of buy and sell. While we have more control over fine-tuning of operation with Dashboard then what we had with any other manufacturer.  

Hippo Kiosk

www.BitcoinAtmEaston.com

We got our machine from Chainbytes, and once it was set up, the process was very smooth. They took care of our compliance trough BTMcompliance and provided us with instructional brochures to place at the machines. Now it’s pretty simple, just watching the transactions from our dashboard and making sure we have the machine stocked with enough cash and bitcoin

Proof of Work BTM

www.chainbytes.com/operator-Proof-Of-Work

The process of operation is simpler then we could hope for. Machine installation took less than an hour and we were good to go. ChainBytes provided us with a checklist to follow covering all from purchase to deployment, operation, and marketing. They really made the process simple!  Thanks, guys we are happy customers.

 

Cerbia

Contact us

11 + 8 =

Email

info@ChainBytes.com

Call

+1 (415) 529-5777

 

Request Demo with our sales team

 BITCOIN ATM KIOSKS BY CHAINBYTES

 CONTACT US TODAY AND START YOUR OPERATION.

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