LibertyX, Bitcoin ATM Firm Enters New Partnership For Expansion

A step towards expanding its network, Boston-based LibertyX partnered DesertATM, an independent ATM operator for the said ATMs. Within the partnership, DesertATM will upload LibertyX on 90 of its Genmega ATMs so as to allow Bitcoin operations. As per the press release, the locations of the New Bitcoin ATMs will include gas stations such as AMPM, ARCO & Chevron, as well as Family Dollar retail stores.

Chris Yim, the CEO of LibertyX elaborated that the firm is partnering with ATM operators that already has locations to offer LibertyX services on their machines. As per Yim, the firm’s network currently span across 43 states, allowing users to buy Bitcoin from a cashier or ATM using their debit card or a kiosk, with a limit of $3,000 of Bitcoin at a time.

LibertyX recently obtained a BitLicense issued by the New York State Department of Financial Services in January 2019 alongside stock and crypto trading app Robinhood.

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