Why You Should Host a CoinFlip Bitcoin ATM

Did you know that hosting a Bitcoin ATM in your business can be a steady source of passive income? If you are a business owner looking to increase foot traffic for your business at no cost at all, then hosting a CoinFlip Bitcoin ATM is an idea worth exploring.

What is a Bitcoin ATM? (Increasing popularity)

A Bitcoin ATM (Automated Teller Machine), is a kiosk that allows a person to purchase using a debit card or cash. Most Bitcoin ATMs offer bi-directional functionality enabling both purchase of Bitcoin as well as the sale of Bitcoin for cash.

Bitcoin and Bitcoin ATMs have been growing in popularity across the U.S and the world. According to coin ATM Radar, there were more than 2,342 Bitcoin ATMs in the U.S as of January 2018; with some small shop owners earning a repeated $300 a month for rental space. By August 2020, the number of crypto ATMs had more than tripled to over 9,000. Transaction fees for ATMs are approximately 16%, while online transaction fees run about 7.5%.

The Bitcoin ATMs being used in the U.S are imported from all over the world.

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