: Allow users to both buy and sell crypto for cash. These are more desirable for customers but more expensive, typically starting at $6,500 and potentially exceeding $25,000 .

: Many states require a Money Transmitter License, which can be expensive and time-consuming to obtain. 3. Equipment Selection and Costs BTMs are categorized by their functionality:

: You must implement a written Anti-Money Laundering (AML) program and "Know Your Customer" (KYC) protocols, which often include identity verification via government ID or phone numbers at the machine.

: You must register as a Money Services Business (MSB) with the U.S. Treasury's FinCEN by filling out Form 107.

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: You buy the machine and manage all operations. This offers the highest profit potential as you keep 100% of the surcharges, but you are responsible for maintenance, cash collection, and legal compliance.

: You must maintain enough cash in the machine for "sells" and enough Bitcoin in your digital wallet for "buys".