Today NCR Atleos said it is launching the LibertyX Bitcoin Cashout feature enabling LibertyX customers who sell bitcoin to collect cash at ATMs. According to NCR that means 75% of Americans have a transaction point within five miles. Or they will once the offering is fully rolled out. NCR bought LibertyX in 2021.
The ATM firm plans to start the rollout in 30 states. It will only be available at ATMs that are ‘ReadyCode’ connected, where ReadyCode is a special API.
“One of the remaining barriers to greater bitcoin adoption by consumers has been the ability to move easily and effortlessly from bitcoin to cash without waiting days for transfers facilitated by ACH or dealing with the complexity of wire transfers,” said LibertyX General Manager, Chris Yim.
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