Key Takeaways:
- NCR Atleos and LibertyX have launched a feature enabling Bitcoin (BTC) to cash conversion at ATMs in 30 U.S. states.
- Users can convert BTC to cash via an app, receiving an access code to withdraw U.S. dollars, with a $400 limit per transaction.
- The service expands NCR’s capabilities following its acquisition of LibertyX, despite the broader challenges in the BTC ATM market.
NCR Atleos and LibertyX have launched a new feature allowing users to convert Bitcoin (BTC) into cash at ATMs across 30 U.S. states.
Customers can send BTC to a designated LibertyX address via an app, receive an access code, and withdraw U.S. dollars from participating ATMs.
JUST IN: 🇺🇸 Retail Banking Company NCR Atleos enables #Bitcoin cashout at ATMs via LibertyX.
— Bitcoin Magazine (@BitcoinMagazine) August 29, 2024
They have over 30,000 ATMs 🙌 pic.twitter.com/SA3ibRYpXT
Initially available at a limited number of ATMs, the service aims to simplify BTC-to-cash conversion, avoiding traditional transfer delays.
Each transaction has a $400 withdrawal limit, but multiple transactions are allowed.
This development builds on NCR’s acquisition of LibertyX, despite challenges in the BTC ATM market.
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