NCR Atleos Launches Bitcoin Cashout Feature for LibertyX Users

user avatar

by Giorgi Kostiuk

2 years ago

Made with AI


  1. Introduction of the New Feature
  2. Technology and Benefits
  3. Launch in Over 30 States

  4. NCR Atleos has recently announced a new Bitcoin cashout feature for enrolled LibertyX customers, allowing them to sell their Bitcoins for cash at ATMs across the United States.

    Introduction of the New Feature

    The NCR Atleos Bitcoin service will be deployed at thousands of merchant locations, meaning that when the network is fully deployed, there will be a transaction point within five miles of more than 75% of Americans. Users will be able to stage transactions via the LibertyX app.

    Technology and Benefits

    The feature uses a one-time-use code system that backs the Atleos ReadyCode API suite, offering a range of cash-in and cash-out solutions. ReadyCode, by design, allows program managers, financial institutions, and merchants to settle transactions without traditional cards or networks. NCR Atleos, the parent company of LibertyX since January 2022, is a leading provider of cryptocurrency software for ATMs, point-of-sale systems, and kiosks. App users can utilize a locator feature within the LibertyX mobile app to sell Bitcoin and immediately collect the cash at a ReadyCode-enabled Atleos ATM.

    Adding an offramp for LibertyX users to convert digital assets to physical cash enhances the value proposition of LibertyX, grows foot traffic at participating merchants, and increases the productivity of our ATMs.Stuart Mackinnon, Atleos COO

    Launch in Over 30 States

    The NCR Atleos Bitcoin service, initially through more than 30 states, is positioned for a huge expansion in financial access and self-service alternatives. ReadyCode-enabled ATMs allow consumers to easily turn cash into cryptocurrencies at point-of-sale locations securely, driving usage through ease of access and supporting Atleos's commitment to innovation in the financial industry.

    The new Bitcoin cashout feature from NCR Atleos for LibertyX users significantly expands the use of cryptocurrency and provides convenient access to converting digital assets into cash.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

Other Crypto Funds Experience Significant Withdrawals

Other cryptocurrency ETF categories, including Solana and XRP, recorded significant withdrawals, indicating a broader trend of selling pressure.

user avatarSatoshi Nakamura

MEGA Plans AI Marketplace Launch for December

MEGA is set to launch an AI inference marketplace in December, allowing customers to access services from various AI model providers.

user avatarNguyen Van Long

MEGA Reduces Workforce to Shift Focus to AI Products

MEGA has laid off 20 employees as part of a restructuring to expand into artificial intelligence, moving beyond its blockchain infrastructure.

user avatarKofi Adjeman

Institutional Withdrawals from Crypto ETFs Reach Over $1 Billion

Institutional demand for crypto ETFs has weakened significantly, with US spot Bitcoin ETFs experiencing over $1 billion in withdrawals for the second consecutive week.

user avatarJesper Sørensen

Ethereum Staking Hits Record Levels Despite Price Drop

Ethereum's staking rate has surged to an all-time high of 36.3% of total supply, even as the price of ETH has fallen to around $2,000.

user avatarRajesh Kumar

Jane Street Boosts Bitcoin ETF Holdings Amid Market Changes

Jane Street has significantly increased its stake in major Bitcoin ETFs, particularly in Fidelity's Wise Origin Bitcoin Fund, reflecting strong client demand and trading activity in the Bitcoin market.

user avatarLucas Weissmann

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.