ATM manufacturer Genmega has partnered with LibertyX, specializing in cryptocurrency vending machines. This cooperation will make it possible to purchase bitcoins with a debit card at thousands of different places in the United States.
However the exact number of stationary points, where you can buy bitcoin while it is impossible to call. The fact that the manufacturer Genmega works primarily with independent companies-the owners of the ATMs, so adding the ability to buy bitcoin in the ATM will depend on the decisions of the private owner of this machine.
The feature will be available to users only after a software update ATM. A specially designed app allows customers to buy bitcoin and immediately transfer them to their e-wallets.
According to the creators, the process of buying cryptocurrencies is almost indistinguishable from ordinary cash withdrawal at an ATM. According to representatives of LibertyX, creating a user-friendly interface was a priority for the developers of the company from the very beginning of their work.
“The last five years we have worked tirelessly to make this cryptocurrency a simple, convenient and reliable, and has now achieved this,” said Chris Yim (Chris Yim), co-founder and CEO at LibertyX.
To date, the number of bitcoin ATMs in the United States is around 2330 pieces, most of them concentrated in Los Angeles, Miami, Atlanta, Chicago and new York — more than 100 pieces in each city. In the United States is also the largest manufacturer of bitcoin ATM in the world — company Genesis Coin Inc. with a market share of 33%.
Experts believe that the number of bitcoin ATMs in the U.S. will continue to grow in the future. According to the analyst of the market of cryptocurrency ATM, it’s all in a significant number of manufacturers of the machines themselves and the software for them in the country. In addition, the investment climate in the U.S. is favorable, and eliminates any legal barriers to cryptocurrency businesses.
As Genmega, it is estimated that there are 100,000 ATMs, specialized media believe that even if a small percentage of machines will add the function of buying cryptocurrency, this will significantly increase the overall quantity bitcoin ATM in the world.
In August, the service Coinatmradar told that the number of cryptocurrency ATMs around the world exceeds 3500 units. A sharp rise has occurred over the past year — at the end of 2017, there were only 1000 machines.
