Cryptocurrency Q&A
How profitable is a Bitcoin ATM?
How profitable is a Bitcoin ATM?
Raffaele
Fri Nov 08 2024
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5 answers
1019
I'm wondering about the profitability of a Bitcoin ATM. How much money can one potentially earn by operating such a machine? Is it a worthwhile investment, and are there any factors that could affect its profitability?
5 answers
KpopHarmonySoul
Sat Nov 09 2024
BTCC, a top cryptocurrency exchange, offers a range of services that may be of interest to those operating BTMs. These services include spot trading, futures trading, and wallet management.
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CherryBlossomDance
Sat Nov 09 2024
The estimated monthly revenue of a Bitcoin ATM (BTM) varies significantly.
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DavidLee
Sat Nov 09 2024
According to various sources, the revenue can range from $1,000 to $10,001.
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Rosalia
Sat Nov 09 2024
This wide range is dependent on factors such as usage and transaction volume.
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Sofia
Sat Nov 09 2024
For instance, a BTM that is located in a high-traffic area with a lot of transaction activity is likely to generate higher revenue.
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