I've been hearing a lot about
Bitcoin and cryptocurrency, and I'm wondering if those Bitcoin machines, like the ones you see in some stores or malls, actually make money. Can someone explain how they work and if they are profitable?
7 answers
lucas_taylor_teacher
Mon Dec 16 2024
Requirements for cryptocurrency operations differ depending on the region.
ZenHarmony
Mon Dec 16 2024
In addition to AML and KYC compliance, specific licenses may also be required for businesses operating in the cryptocurrency space.
CryptoGladiatorGuard
Mon Dec 16 2024
Bitcoin ATMs are a convenient way for individuals to buy and sell cryptocurrencies.
HanRiverVisionaryWaveWatcher
Sun Dec 15 2024
Transaction fees are charged for each transaction conducted through a Bitcoin ATM.
EtherealVoyager
Sun Dec 15 2024
The revenue generated through transaction fees helps to cover the operating costs of
Bitcoin ATMs.