As of now, the Bitcoin vending machine operator LibertyX in the USA enables users to purchase Bitcoin with cash using the mobile app in over 20,000 shops. Consumers can now buy Bitcoin with LibertyX at 20,000 retail locations in the U.S., including major hypermarket and pharmacy chains such as 7-Eleven, CVS Pharmacy and Rite Aid. This follows from a press release that is available from BTC-ECHO and a Twitter post in which the new app is advertised:
“Use cash and buy #bitcoin with LibertyX at 20,000 7-Eleven, CVS Pharmacy®, and Rite Aid stores nationwide. 0% conversion fees through 7/31/20. Sign up today! https://t.co/jrj6Pg5VkM pic.twitter.com/9Aj1kQ93kB”
From Bitcoin ATMs to mobile payments
LibertyX launched America’s first Bitcoin ATM in 2014. Four years later, the company announced the first traditional ATM integration. Today, most Americans are just minutes from an ATM or cashier that sells Bitcoin through LibertyX. With the new app, this establishment is now to be expanded even further. The flow of such a transaction is described as follows:
Enter the Bitcoin address and tap on start purchase.
Select a retailer and tap Add Cash Now.
Cashier scans barcode.
Payment between $ 20 and $ 500;
The account is credited within 10 minutes ($ 4.95 retail service fee). Tap the Convert to Bitcoin button in the LibertyX app.According to Chris Yim, Co-Founder and CEO at LibertyX:
“At its core, Bitcoin is a global and inclusive technology. Anyone with a mobile phone and an internet connection can save, send, receive and process values with Bitcoin. To that end, LibertyX is proud to offer 20,000 cash-accepting retail locations and 5,000 UK-accepting ATMs on its network.”