Sentences with phrase «atm machine processing»

Not exact matches

You need to follow the same process as in other countries: * Legal: Find out about regulatory position on bitcoin ATMs in your country, and how you want to fit into that legal framework, getting all permissions if needed * Funding: you need to plan a fully closed cycle of your funds flow, it is mostly about planning how you are going to convert cash from bitcoin ATM back into bitcoins liquidity in order to provide services for further customers * Rest: this should be relatively easy — find a place where to put machine, purchase ATM, get it delivered, installed and set up and start operating.

You need to follow the same process as in other countries: * Legal: Find out about regulatory position on bitcoin ATMs in your country, and how you want to fit into that legal framework, getting all permissions if needed * Funding: you need to plan a fully closed cycle of your funds flow, it is mostly about planning how you are going to convert cash from bitcoin ATM back into bitcoins liquidity in order to provide services for further customers * Rest: this should be relatively easy — find a place where to put machine, purchase ATM, get it delivered, installed and set up and start operating.

This is hard to beat for convenience if you happen to be located close to one of these Bitcoin ATMs, and the purchasing process is a breeze — it's as easy as depositing your cash into the machine, then you own the Bitcoin an hour or so later.