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GB’s GENERAL BYTES Bitcoin ATM hardware and software don’t work without a valid licenserequire valid licensing. To operate the machines and server, all license fee invoices must be paid. Software licenses are not transferable. To transfer machine ownership, you will need to contact GB and get explicit approval(s).

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Before purchase, please contact GB sales department to verify that the serial numbers of the machines being considered under consideration are suitable for transfer to a different licenseLicensee. This will protect you from purchasing any machines that won’t work with your server because they came from an operator with outstanding unpaid invoices.

Uncommonly cheap machines, i.e. ones offers that are “too good to be true,” frequently come from bankrupt operators that went bankrupt and that have outstanding unpaid invoices from GENERAL BYTES.

When acquiring another operator’s Bitcoin ATMs, or purchasing used BATMs, please follow these steps:

  1. Ask the GB sales Sales department whether the customer selling the used machine has any outstanding/unpaid license fees.

  2. Supply GB with a list of serial numbers of machines you plan to purchase. GB will tell you if such those serial numbers have paid all no outstanding licensing fees and therefore: are transferable to a new owner.

  3. Supply GB with a list of serial numbers of machines; the originating operatorthe original Operator's business entity name; , and the destination operator’s entity name to which the machines should be transferred.

Note

Please note that operating machines with unlicensed software may lead to unexpected

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and non-refundable business losses.