BOSTON, July 17, 2019 /PRNewswire-PRWeb/ -- LibertyX, the trusted platform to buy bitcoin instantly at local stores, announced the addition of Desert ATM and their ATMs to the LibertyX bitcoin purchasing network. This partnership adds over 90 traditional ATMs located in Arizona and Nevada to LibertyX's existing nationwide network of thousands of bitcoin cashiers and bitcoin ATMs. New locations include AMPM, ARCO & Chevron gas stations, and Family Dollar retail stores. For a full list of participating locations, please visit https://libertyx.com.
With the LibertyX integration, consumers can purchase bitcoin from any Genmega ATM using their debit card. LibertyX offers a bring-your-own-wallet approach, which allows consumers to pick a bitcoin wallet of their choosing. Consumers simply download the LibertyX app, create a free account, and provide their bitcoin address. They visit a participating ATM, click the LibertyX button and complete the transaction onscreen. Bitcoin is sent instantly.
LibertyX announced the first-of-its-kind bitcoin ATM partnership with Genmega in November 2018 and began onboarding ATM operators in early 2019. "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," says Chris Yim, Co-Founder & CEO of LibertyX. "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." "With the help of our valued partners, we expect to be down the street from most Americans in the near future," added Kyle Powers, Co-Founder & Chairman.
"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," says Marcus Herrera, VP of Sales of LibertyX. "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."
Dan Laitala, owner of Desert ATM, adds, "We looked at a variety of bitcoin solutions including purchasing our own cash-to-bitcoin kiosks (BTMs). Ultimately, when we tried out the LibertyX solution, it was a no brainer. No one else had the simplicity and track record of LibertyX. They offered and actually delivered on a seamless in-market product. We already had a successful ATM business and, at no cost, we were able to add bitcoin buying to our portfolio with the click of a button."
Interested ATM operators can visit https://addlibertyx.com to request more information about the LibertyX bitcoin ATM solution.
LibertyX operates the nation's largest network for consumers to buy bitcoin instantly from trusted local stores. The LibertyX network spans thousands of locations across 43 states and allows consumers to buy bitcoin from a cashier, an ATM, or a kiosk. LibertyX launched America's first cash-to-bitcoin ATM in 2014, first bitcoin cashier in 2016, and first bitcoin-enabled traditional ATM in 2019. The company strives to provide consumers with the easiest and simplest way to try out cryptocurrencies. By working with local business and ATMs, LibertyX is able to offer instant bitcoin at convenient and trusted locations.
Co-Founder & CEO