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From my time in the Bitcoin ATM space, it was difficult to get a bank to accept a large amount of cash from a Bitcoin ATM. The issues at the beginning was use
by WrtCdEvrydy 5y ago
From my time in the Bitcoin ATM space, it was difficult to get a bank to accept a large amount of cash from a Bitcoin ATM.
The issues at the beginning was use of non-standard sized bill receptors and non-digital vaults at the ATMs but that has been solved recently. At the time, we used two ideas: provide a regular ATM right next to the Bitcoin ATM to dispense bills out (so we'd get ACH) and regular pickups and drop-offs to a bank.