Why Your Business Should Host a Bitcoin ATM | CoinFlip Bitcoin ATM

How to Host a Bitcoin ATM

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Joey Prebys
Joey Prebys

*Edit 02/15/21: CoinFlip is excited to announce an exciting NEW CoinFlip REFERRAL PROGRAM. If you know someone that owns a retail space that is interested in hosting our Bitcoin ATM, refer them to us. You will receive $400 for each successful referral. This referral bonus will also be given if you are already a CoinFlip host and decide to host an ATM at any additional store locations. Please call (312)728-0706 if you are interested.

Bitcoin is more popular than ever, with a total market value of nearly $700 billion. Still, it is estimated that only 8% of Americans own any Bitcoin. Due to its ability to provide essential financial services to America's unbanked and underbanked, Bitcoin and other cryptocurrencies are an excellent way to promote financial inclusion. However, to fulfill this goal, it is essential to make Bitcoin as accessible as possible to encourage adoption for those dependent on cash. Enter the Bitcoin ATM. 

What is a Bitcoin ATM?

A Bitcoin Automated Teller Machine (ATM) helps people easily and quickly buy and sell cryptocurrency with cash. As more people demand safe and convenient ways to buy Bitcoin, Bitcoin ATMs have been popping up worldwide, making cryptocurrency more accessible to people around the globe. 

In fact, in the last year, the number of Bitcoin ATM installations in the United States has nearly tripled. Currently, CoinFlip has over 1500 Bitcoin ATMs and is installing new machines every day. With more than 300,000 satisfied customers, the lowest fees and fastest transaction times industry-wide, and 24/7 on-call customer support, CoinFlip is the world's most trusted  Bitcoin ATM operator. 

We are continually looking for new businesses to partner with to host our Bitcoin ATMs and spread cryptocurrency adoption worldwide. Will you be the next CoinFlip ATM host? 

Benefits of Hosting a Bitcoin ATM

Bitcoin ATMs are an excellent way for restaurants, convenience stores, gas stations, and other storefronts to generate passive income while providing their community with safe and essential financial services. To be more specific, here are some of the perks of hosting a Bitcoin ATM:

  • Earn Extra Revenue - We pay you to host our Bitcoin ATMs in your store at no cost to you. Plus, we give you the first three months upfront

  • Increased Foot Traffic - Our ATMs can bring up to 40% more foot traffic to your store! Many of our customers end up buying a small item after using our CoinFlip Bitcoin ATMs. An increase in foot traffic means your customer base will grow, leading to an increase in revenue. 

  • Support Bitcoin Locally - By hosting a CoinFlip Bitcoin ATM, you will be fostering the growth of a currency with no limitations, as well as earning monthly passive income!

  • Free Marketing - All Bitcoin ATM locations are advertised on the company website. We also list all of our ATM locations on all major search engines and online maps, so if someone near your store searches for one, they’ll come right to you. Plus, CoinFlip loves shouting out our hosting partners on all social media channels.

How to Become a Bitcoin ATM Host

Becoming a Bitcoin ATM host is simple. We handle everything from shipping to customer support to cash collections! All that is required from you is 1.5 square feet of space and an outlet. It's really that simple. 

Are you interested in hosting a Bitcoin ATM in your business? Please fill out this form, and one of our account managers will be in touch as soon as possible. 

A Priceless Addition to Your Community

We get that being a small business owner can be challenging, especially in these difficult times with the COVID-19 pandemic. That's why we are committed to making the Bitcoin ATM hosting program as stress-free as possible. 

By hosting a Bitcoin ATM you are offering your community a safe and easy way to buy and sell Bitcoin and other cryptocurrencies from a FinCEN regulated crypto company. Providing the community with access to Bitcoin and cryptocurrency allows for financial freedom and access to essential financial services that many are unable to obtain from traditional banks. 

Learn More About Bitcoin

If you are a total beginner to Bitcoin and cryptocurrency, I highly recommend checking out our  Beginner's Guide to Buying Bitcoin. To learn more about Bitcoin, see our post on how it works. If curious about how Bitcoin ATMs are used, we got you covered with these articles: How to Use a Bitcoin ATM and How to Withdraw from a Bitcoin ATM.