Hassan Khoshtaghaza on Operating a UK Bitcoin ATM - WBD139
Mr Obnoxious
Peter McCormack
4.8 • 2.7K Ratings
🗓️ 16 August 2019
⏱️ 42 minutes
🧾️ Download transcript
Summary
Location: Skype
Date: Monday, 29th July
Project: SatoshiPoint
Role: Managing Director
SatoshiPoint is the UK’s largest Bitcoin ATM business, starting out in London in 2014 and initially struggling to find locations for the ATMs SatoshiPoint has since gone on to thrive and now operates in over 40 locations across the UK.
With their ATM volumes now exceeding the peak Bitcoin volumes, seen during the 2017 bull run, Hassan Khoshtaghaza, the Managing Director is now looking at ways to grow his team and scale his business by adding locations throughout the UK and internationally.
In this interview, we discuss the difficulties faced when trying to grow an ATM business, the regulation and security requirements and looking for new territory.
Transcript
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| 0:00.0 | Welcome to the What Bit Bitcoin Did Podcast. |
| 0:05.0 | Hi there, how are you all? |
| 0:08.0 | Welcome to the final part of ATM Week on the What Bit coin did podcast. |
| 0:12.0 | How's it been? Have you found it useful? Have you enjoyed |
| 0:14.4 | the shows? If you have any other ideas for deep dyes you'd like to hear me cover, then please do get |
| 0:19.1 | in touch. I'm always open-minded. Always happy to listen to new ideas. Anyway, welcome to the What |
| 0:24.4 | Bitcoin did podcast which is brought to you by Krakan. In the final part of |
| 0:27.8 | this series I'm joined by Hassan from Satoshi Point to learn more about the |
| 0:31.4 | nuances of operating a Bitcoin ATM in the UK, but |
| 0:34.8 | before that I do have a message from my show sponsors. So firstly today's show is |
| 0:39.0 | brought to you by coin ATM radar. Buying from a machine is much more reliable and safer from meeting some random person in a random |
| 0:46.8 | location. With coined ATM radar you can find Bitcoin ATMs and other services where you can buy or sell crypto for cash. |
| 0:54.6 | On their website you can search by coin, address, and you can also search by geo area. |
| 0:59.4 | So country, state and city. |
| 1:01.4 | You can also filter results. A lot of people complain about the fees |
| 1:04.5 | for Bitcoin ATMs or you can even filter by lowest fee. They also have a |
| 1:09.0 | mobile app which is available on Apple and Google App stores and they also fully support operators. |
| 1:14.8 | So if you operate one or even several machines, it definitely makes sense for you to submit |
| 1:18.8 | your information about locations to coin ATM radar, which is free of charge and will bring additional visibility to your servers. |
| 1:25.8 | If you want to find out more head over to coin ATMradar.com which is co-I-N-at-m-R-d-a. A. R. A.com. |
| 1:35.0 | Also today's show is brought to you by Liberty X. |
| 1:37.8 | If you want to buy Bitcoin instantly |
... |
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