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Author: Admin | 2025-04-28
Continues to decline this is likely to present an ever-expanding opportunity to replace coin systems with new machines capable of accepting alternative payment methods. Already there are machines available to purchase which accept both credit/debit cards and Bitcoin. You can buy a vending machine that accepts bitcoin and you would have started a good stream of passive income. Start a bitcoin dropshipping business Here, the seller usually buys bitcoins when needed, and immediately transfers them to the buyer. This is almost what happens in Bitcoin ATMs and with LocalBitcoins, where people who want bitcoins lack the bank account/KYC/AML qualifications to buy them themselves. So they get somebody else to buy the bitcoins and sell them along to them, usual with a commission added in. Drop shipping companies generally make use of a third-party service to facilitate bitcoin payments. Start a bitcoin reseller business If you already have a viable business in retail or if this is a sector you are thinking about going into, you may also like to consider reselling Bitcoin related products. A site called Prypto offers a way for retailers to sell Bitcoins in the form of scratch cards or vouchers. This is perfect for adding to the counter of a local newsagent of Grocery Store, but can also be used by online businesses. There are many digital products unrelated to digital currency which have reseller programs. This is a great way to get into retail without a huge expenditure on buying stock, and making a product available for purchase with bitcoin may win you some business. Become a bitcoin escrow Agent If you have built up a name for yourself and your business as somebody that can be trusted, then you can use this trust as a launching pad to set yourself up as an escrow agent or agency. Generally, the role of an escrow agent is to arbitrate over disputes that may involve online purchases, freelance contracts, or other business and trade arrangements. In becoming a bitcoin escrow agent, you get to hold transaction payment for the seller and the buyer pending when the transaction
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