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How To Start BITCOIN ATM Business (5 Steps for Beginners in 2024)? Research market opportunities and competitors � ? Research local regulations and policies � ? Choose an ATM provider � ? Make a list of future expenses � ?. Step #1 - Have a Good Location � Step #2 - Know the Laws � #3 - Make a Detailed Budget � #4 - Choose Your Bitcoin ATM � #5 - Market, Optimize, and Maintain � Are. Step 1: Determine local regulations in your area � Step 2: Choose the right bank to work with � Step 3: Choose a wise location for your Bitcoin.