By Mashum Mollah
Do you want to host a bitcoin ATM in your current business location? Lucky for you, there are many options available, each claiming to be exceptional. However, this does not mean that you can choose any company. That said, keep on reading and we’ll let you know some of the best things that you have to do to end up with the best bitcoin ATM provider.
How to Choose a Bitcoin ATM Provider for your Business:
1. Read Reviews:
One of the best things that you should do is to read reviews from other people who have hosted bitcoin ATMs before. You can draw valuable insights from their real-life experiences, making it easier to decide which one is the best. You can even ask around personally if you do not trust the things that you read online.
2. Compute the Costs:
Since it is a business venture, you should be concerned about the costs that are involved. We recommend shopping around to compare different options and see which one is suitable for your budget. Among others, one of the options that should be on your radar is Coin Cloud ATM. Basically, there are two things that you will provide – sublease and electricity. Other costs will be handled by the provider, including the machine, installation, and maintenance.
3. Ask for their Marketing Support:
Marketing bitcoin can be a challenge because there is no wide-scale adoption and a lot of people are not yet aware of it. With this, if you plan to put a bitcoin ATM in your business location, ask the provider if they will provide marketing support, which often comes in the form of signage and ads in their website to pinpoint users to your exact location. You also have to venture on your own marketing efforts, such as using social media to spread awareness about the presence of an on-site ATM.
4. Consider Customer Support:
It is inevitable that the ATMs will encounter problems, such as the failure to send a verification code to the customer or having problems in the interface. When this happens, it will be good if the ATM company can provide reliable customer support. Someone must be immediately available to extend a helping hand, which will be critical in providing users with an exceptional experience.
Try It Out:
Finally, before you make the decision on which ATM to choose for your business, you have to try it yourself. Ask for their current locations and personally experience how to use the ATM. Your goal is to look for one that is intuitive enough so that customers will use it. If it is too complicated, it may not spark interest and the business will be dead before it even takes off. See to it that it will be convenient, fast, and easy to use.
Starting a bitcoin ATM sounds like a nice business venture, especially if you already have the place, such as a convenience store or a gas station. Take note of the things that have been mentioned above to help you choose the right ATM provider.
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