OWNING a Bitcoin ATM

VS

Buying BTC?

The advantage of owning a Bitcoin ATM over just buying Bitcoin is that the ATM business is not sensitive to bitcoin price volatility. The same percentage per transaction is charged if bitcoin is $1,000 or $10,000, as such Bitcoin ATM revenue is not directly correlated to Bitcoin price. 

Additionally, the ATMs support multiple cryptocurrencies, so if Bitcoin were to fall out of the spotlight, it is always possible to offer other popular cryptocurrencies.

 

 

Bitcoin ATM Ownership Information
(FAQs)

Return on Investment.

The amount of time to ROI varies depending on a variety of factors (how much news there is surrounding bitcoin, how long the ATM has been in place, bitcoin price, etc), on average it takes around 8 months. Some locations do very well and investors see ROI within the first month or two. If you are not making money on the Bitcoin ATM then neither are we. If a certain location isn’t performing after a period of time, then we will relocate it to a better location. 

About EasyBit and Where we operate.

EasyBit has been around since Dec of 2013. Our office/headquarters is in Buenos Aires, Argentina at the Buenos Aires Bitcoin Embassy. We currently operate in around 15 states.

ATMs outside of the USA.

EasyBit does not offer Bitcoin ATM services outside of the United States at this time.

Can I Buy a Bitcoin ATM if I am not located in the US?

 Yes, we currently offer the opportunity to buy a Bitcoin ATM to anyone in the world. However the machine must be placed in the USA as we do not operate machines outside the United States. 

You can still get involved in profiting in the Bitcoin ATM business by buying  one of our Bitcoin ATM machines and we will find a great business location to place it, within the U.S. 

Profit Share? 

Bitcoin ATMs owners receive 33% of the profit of each machine (the net monthly revenue) for the life of the machine. Additional details are outlined in the Bitcoin ATM Services Agreement.

What percentage commission is charged on transactions?

The markup between the large exchanges and Bitcoin ATMs varies, but is usually around 10-15%. The main determining factors for the price are market volatility and demand.

 

Can I choose a location for the Bitcoin ATM?

While in general we prefer to choose the locations, investors who have a location(s) in mind, should make that clear in the beginning when contacting us. We prequalify all of our hosting locations based on a variety of criteria, including (but not limited to):

– Hours of operation

– Easy access to location, parking

– Vicinity to other ATMs.

– In areas which we already have armored truck routes in place.

What Cryptocurrencies are offered?

The ATMs have support for many cryptocurrencies, but we primarily focus on bitcoin. Unless you are buying over 50 units, please do not ask us to integrate your coin. The ATM itself supports Bitcoin, Litecoin, Namecoin, Dogecoin, Ethereum, Monero, and others. 

How do Crypto ATM owners get paid? 

Profits and investor payouts are calculated each quarter and paid via Bitcoin, Bank Transfer, or Bank Cheque.

Owners receive a statement via email each quarter showing their total income as well as some other statistics (number of customers, growth, etc).

How long does it take to get an ATM up and running?

Once your payment has been received, it usually takes 4-6 weeks before the ATM is online.

We have a long waiting list of locations that want machines, placing new machines for owners is immediate. However there are potentially delays due to manufacturer backlog, machines usually ship 3-4 weeks after the order is placed. The machines ship directly from the manufacturer to the location. Once at the location, we send out a person from a nationwide support team to set it up, unbox it, plug it in, test it, etc. Then it is ready to go.

What is the transaction limit?

End users can transact as little as $1 and as much as $9,000 a day at Bitcoin ATM machines. It is also possible, on an individual basis, for higher limits, however this requires additional (manual) verification. We adhere to strict KYL/AML regulations as a Bitcoin ATM Operator.

Do YOU want to be a Crypto-ATM OWNER?

Start your own Bitcoin ATM network with EasyBit!

Contact for more info

Turn Key, hands off solution
to those seeking exposure to the crypto industry!

EasyBit will manage everything from start to finish. Our investors never even need to visit the machine(s), unless they desire to.

Location

Finding, contracting, and managing a Bitcoin friendly location to host the Easybit kiosk.

Shipping

EasyBit will take care of the shipping, tax, paperwork, etc for getting the machine to the location.

Installation

Installation and initial setup of the ATM so that it's functional once it's on-site.

Cash Logistics

Bitcoin ATMs deal with cash, as such they need to be serviced routinely. Through a long term strategic partnership with a nationwide cash logistics company, EasyBit is able to efficiently and cost effectively deal service the ATMs.

Liquidity

Managing the cash and bitcoin liquidity required to operate the kiosk.

Insurance

Managing insurance of all the Easybit ATMs.

Compliance

EasyBit actively monitors customers using the Bitcoin ATMs in order to prevent money laundering and/or other illicit activities. This is done through a comprehensive compliance program that monitors every transaction. We have a compliance officer and file all appropriate reports to the government. We are registered and in communication with every state we operate in and file all appropriate reports.

Marketing

Advertising and marketing for Bitcoiners to be able to find and use your Crypto ATM. There are a variety of places that people look to find bitcoin ATMs, once your ATM is live, we will make sure it is listed on all of these various directories and listing sites.

24/7 Support

Bitcoin ATMs are unlike traditional bank ATMs in that not every customer has used one before. We get many phone calls each day from new customers who have to be walked through the ATM process, explained how wallets work, etc. These calls can last 20-30 minutes but are essential to on-boarding new customers. We have a support team 7 days a week, 24/7 who handles these calls.

Banking

It is very difficult to get a bank account when operating within the cryptocurrency space. EasyBit has spent a great deal of time and effort in building a strong relationship with our bank so that we can ensure cash logistics are available as we need them to operate the ATMs.