How one London startup plans to conquer the Bitcoin ATM industry
Bitcoinist spoke with Landry Ntahe, head of operations at BCB ATM, a London-based Bitcoin ATM startup that currently holds the number two position by market share in the UK. Today, BCB ATM has 16% of the Bitcoin ATM market share in the UK with seven locations in London where their Lamassu machines can be found. With an aggressive strategy of expansion to other UK cities and beyond, it’s planning to take over this nascent industry by undercutting their competition, offering customers much lower fees when buying bitcoin.
http://bitcoinist.com/london-startup-uk-bitcoin-atm/
Bitcoinist spoke with Landry Ntahe, head of operations at BCB ATM, a London-based Bitcoin ATM startup that currently holds the number two position by market share in the UK. Today, BCB ATM has 16% of the Bitcoin ATM market share in the UK with seven locations in London where their Lamassu machines can be found. With an aggressive strategy of expansion to other UK cities and beyond, it’s planning to take over this nascent industry by undercutting their competition, offering customers much lower fees when buying bitcoin.
http://bitcoinist.com/london-startup-uk-bitcoin-atm/
Interesting I hope they didn't underestimate the cost of operations and accidentally shoot themselves in the foot.
Well BTM fees at 4% can work so hopefully they continue to expand their operations and get more machines ^^.
On the other hand they do have some spread leeway they can look at unless group B makes a plan later if they see them floundering that said Lama's aren't bad just got to watch em battery packs.
