Copy link
Increase text size
Decrease text size
Link copied

LibertyX exceeds 1,000 bitcoin ATMs in the U.S. via new partnership

Bitcoin ATM.Dave Taylor/Flickr

Fri, 19 Jul 2019, 07:25 am UTC

LibertyX, the firm widely known for launching the first bitcoin ATM in the United States, has announced its partnership with Desert ATM, a non-bank ATM service provider, and the addition of the latter's 90 traditional ATMs in Arizona and Nevada to its existing network of bitcoin cashiers and bitcoin ATMs.

With this, the company would have 1,000 ATMs under its operations that will provide services to bitcoin enthusiasts.

In a press release, LibertyX said that new locations include AMPM, ARCO & Chevron gas stations, and Family Dollar retail stores.

Chris Yim, LibertyX CEO and co-founder, expressed his delight at the prospect of such a successful expansion. It would appear that a lot of it is due to the demand that LibertyX is seeing with regards to its services.

“We’re thrilled with the demand and enthusiasm we’ve seen from ATM operators who have been dying for a scalable, compliant, and capital-efficient bitcoin solution,” Yim said. “We’ve been heads down focused on satisfying demand for the past six months. We’re proud to share that over 1,000 active ATMs nationwide have been upgraded to allow consumers to buy bitcoin instantly via LibertyX.”

Marcus Herrera, VP of Sales of LibertyX provided more context as to just how essential the services of the company are. More than anything else, it is about providing easy access and convenience to crypto users so that they have fewer problems with using bitcoin.

“Our ATM operator partners are vital to building onramps to bitcoin and other cryptocurrencies. They have worked hard to secure the best and most convenient retail locations for consumers,” Herrera says. “We’re excited to partner with them to add what we believe will be the most exciting and highest growth product in decades, and ultimately the future of money.”

The partnership with Desert ATM will allow users to purchase bitcoin using their debit cards, CoinDesk noted.

LibertyX launched America’s first cash-to-bitcoin ATM in 2014, first bitcoin cashier in 2016, and first bitcoin-enabled traditional ATM in 2019. It announced the first-of-its-kind bitcoin ATM partnership with Genmega in November 2018 and began onboarding ATM operators in early 2019.

<Copyright © TokenPost. All Rights Reserved. >

To leave a comment, please sign in.
  • Bitcoin (BTC) $7,073.45 (-0.49%)
  • Ethereum (ETH) $141.35 (-0.42%)
  • XRP (XRP) $0.224600 (+0.84%)
  • Bitcoin Cash (BCH) $205.83 (-0.40%)
  • Litecoin (LTC) $43.16 (-1.55%)
  • Bitcoin (BTC) $7,073.45 (-0.49%)
Dec 14, 2019 (Saturday)
Darknet marketplace Hydra launching an ICO on Dec.16 to fund its global expansion
Dec 13, 2019 (Friday)
Crypto Technicals: Major Cryptocurrency Support Resistance Levels
Crypto Technicals: Major Cryptocurrency Daily Technical Outlook
Crypto Technicals: BCH/USD edges above 5-DMA, near-term upside likely on break above 20-DMA (211.74)
Terra launches stablecoin-powered payments service in Mongolia
Crypto Technicals: Ripple (XRP) edges higher from session lows at 0.2154, 'Hammer' at lows raises scope for minor gains
Korean cybersecurity firm partners with R3 for digital asset management and MPC technology
SEC charges Shopin’ founder with orchestrating ICO fraud; Accused deactivates social media, Telegram account
Crypto exchange Kraken looking for operations director to helm ‘special-purpose depository institution’
Twitter looks to blockchain to decentralize social media
Crypto Technicals: LTC/USD flashes signs of recovery, 'Dragonfly Doji' and 'Bullish Divergence' could support minor upside
ING bank developing custody project for digital assets: Report
Basel Committee on Banking Supervision mulls designing global prudential standard for crypto-assets
Franklin Templeton leads blockchain-based social impact platform’s funding round
Crypto Technicals: BTC/USD breaks above 50H MA, 'Bullish Divergence' could support further gains
TokenSoft submits transfer agent filing to the SEC; Decision to arrive in 30 days
Crypto Technicals: ETH/USD recovery lacks traction, upside capped at 5-DMA
Glencore joins Responsible Sourcing Blockchain Network for tracing cobalt
Grant Thornton releases second report on Cryptopia liquidation; Pulls back nearly $5M from various sources
Chainalysis launches compliance solution for Bitfinex amidst class-action lawsuit
Subscribe to the TokenPost newsletter!
Don't show me this again today.
Back to top
Copyright ⓒ TokenPost. All Rights Reserved.