US Bitcoin ATM firm LibertyX expands network to over 1,000 machines nationwide

US Bitcoin ATM firm LibertyX expands network to over 1,000 machines nationwide

Us Bitcoin ATM provider LibertyX announced yesterday that it would expand to over 90 new locations across Nevada and Arizona, as part of a new partnership with Desert ATM. Under the term of the partnership, the Desert ATM machines has been upgraded with LibertyX’s Bitcoin purchasing software, boosting company’s network to over 1,000 active ATMs selling BTC across the US.

The LibertyX integration enables customers to buy BTC from those ATMs using debit cards. Users can store the cryptocurrency in a digital wallet of their choosing.

The chief executive of LibertyX, Chris Yim, commented on reaching the major milestone: “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 in a statement. “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.”

Meanwhile, the owner of Desert ATM Dan Laitala said that choosing LibertyX as a partner was a “no brainer”.

“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,” Laitala said.

Meanwhile, the Bitcoin price has seen some challenging trading over the past 24 hours. Yesterday, the coin fell to a near one-month low of $9,163.13, according to data from digital currency tracker Coinmarketcap. BTC has since managed to recover some of its losses, but has been unable to recapture the $10,000 mark.

In today’s trading, the Bitcoin price stood at $9,453.16, as of 14:30 BST. The coin had risen to around $9,960 earlier in the session.

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