Account Opening
BlockATM is a B2B decentralized payment tool where businesses can independently open and set up their BlockATM accounts on the website.
Upon accessing the BlockATM website (blockatm.net), click the "LAUNCH DAPP" button in the top right corner to launch the business backend.
Please note that each wallet can only exist in one account within the BlockATM system. If a wallet address is already set in one BlockATM account, connecting that wallet will directly log you into that account instead of initiating the process to set up a new account.
Preparation before account opening
Account Administrator Wallet Address For assigning Financial Administrator(s), wallet address for receiving withdrawals and deploying smart contracts.
Financial Administrator Wallet Address Written in the smart contract, and only these address(es) can initial withdrawal request
ERC-20 Wallet Address for receiving withdrawals Written in the smart contract, and only these address(es) can receive the withdrawn tokens
Deposit and smart contract deployment Gas Fee in the wallet of the Account Administrator To proceed with the service fee deduction, a deposit of 500 USDT is required, and the deployment gas fee.
Noted: For Ethereum Network, please ready ERC-20 Wallet which can connect by WalletConnect or MetaMask, and TRC-20 Wallet for Tron Network with TronLink.
Connect Wallet to Initiate Setup Process
Enter your name, the Project name, and the Account Administrator with the wallet address.
Log in with the Account Administrator wallet and assign at least one Financial Administrator with a wallet address.
Assign at least one Wallet address for receiving withdrawals.
Deposit 500 USDT.
Deploy a new smart contract. Please select at least one Financial Administrator and one Wallet address for receiving withdrawals from the configured lists, and deploy them into the smart contract (a deployment fee of 100 USDT will be deducted from the deposit).
Please note that each wallet can only exist in one account within the BlockATM system. If a wallet address is already set in one BlockATM account, connecting that wallet will directly log you into that account instead of initiating the process to set up a new account.
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