Users of the LibertyX ATMs can send BTC to a LibertyX address and receive fiat for their crypto at ATMs in 30 states.
Automated teller machine (ATM) provider NCR Atleos has debuted its LibertyX Bitcoin Cashout feature that will allow customers in the United States to receive cash from Bitcoin sales from their ATMs. Customers will use an app to “pre-stage” the transaction and pick up their money at an ATM of their choice.
App users will select the ATM they wish to use, send BTC for sale to an address provided by the app and use an access code at the ATM to receive US dollars for the sale of the BTC.
The new feature will be rolled out in “more than 30 states to start,” according to a statement. The participating ATMs represent a fraction of the over 280,000 ATMs Atleos operates in the United States. LibertyX general manager Chris Yim said: