LibertyX
| File:LibertyX.png | |
| Type of business | Private |
|---|---|
| Founded | December 2013 |
| Headquarters | Boston, Massachusetts, U.S. |
| Area served | United States |
| Founder(s) | Chris Yim Kyle Powers |
| Products | Bitcoin, Bitcoin ATM, exchange of digital assets |
| Website | libertyx |
LibertyX operates a U.S. network of bitcoin ATMs, cashiers, and kiosks. Consumers can buy bitcoin in-person with cash and debit cards[1] at participating locations across 43 states. The company is headquartered in Boston, Massachusetts and was founded by Chris Yim and Kyle Powers.
History[edit]
Liberty Teller launched in 2014[2] and was part of the 2014 MassChallenge accelerator program[3]. The company's founders met while pursuing their MBA degrees at the Wharton School at the University of Pennsylvania before dropping out[4].
In February 2014, the company launched America's first cash bitcoin ATM.[5][6] The company added additional ATM locations including MIT[citation needed] and Harvard Square[7].
In December 2014, the company rebranded as LibertyX and announced its retail store expansion[8] allowing consumers to purchase bitcoin from cashiers nationwide. The company also raised seed funding from Project 11[9].
In March 2015, the company sold its cash bitcoin ATMs to CoinOutlet[10] to focus exclusively on its brick & mortar retail store-based model.
In early 2017, LibertyX partnered with Airbitz[11] allowing customers to purchase bitcoin through the Airbitz mobile wallet. In October 2017, LibertyX was chosen to become a member of the Fintech Advisory Panel of the Conference of State Bank Supervisors[12].
In 2018, LibertyX partnered with Genmega[13] to create the first debit bitcoin ATM. This partnership adds the ability to also sell bitcoin on the ATM via a software update.
In January 2019, LibertyX received the New York Virtual Currency License (Bitlicense)[14] alongside Robinhood.
In June 2019, LibertyX added 90 ATMs in Arizona and Nevada bringing its bitcoin ATM footprint to over 1,000 nationwide[15].
Products[edit]
LibertyX offers three different options for customers interested in purchasing bitcoin: (1) traditional ATMs, (2) cashiers, and (3) kiosks.
LibertyX does not offer a wallet service. Customers are able to use any wallet that supports bitcoin transactions.
See also[edit]
References[edit]
- ↑ "More Local ATMs Will Soon Dispense 'Cryptocurrencies'". News. 2019-01-09. Retrieved 2020-02-07.
- ↑ "LibertyTeller: Boston's Bitcoin ATM Machine Explained". Boston Magazine. 2014-02-20. Retrieved 2020-02-07.
- ↑ "128 startups ready for MassChallenge". Boston Herald. 2014-05-22. Retrieved 2020-02-07.
- ↑ Wood, Sam. "A talk with the co-founder of the first U.S. bitcoin ATM startup, LibertyX". www.inquirer.com. Retrieved 2020-02-07.
- ↑ "Bitcoin ATM pulls into Boston | Boston.com". www.boston.com. Retrieved 2020-02-07.
- ↑ "Alumni Turn Interest in Bitcoin into Careers". alum.mit.edu. Retrieved 2020-02-26.
- ↑ "Clover Welcomes Harvard Square's First Bitcoin ATM | News | The Harvard Crimson". www.thecrimson.com. Retrieved 2020-02-07.
- ↑ www.bizjournals.com https://www.bizjournals.com/boston/blog/startups/2014/12/bitcoin-atm-startup-liberty-teller-rebrands-as.html. Retrieved 2020-02-07. Missing or empty
|title=(help) - ↑ "LibertyX Gets $400k Boost, Looks to Further Expand Bitcoin ATM Operations | Finance Magnates". Finance Magnates | Financial and business news. 2015-01-08. Retrieved 2020-02-07.
- ↑ "Coin Outlet Acquires LibertyX Bitcoin ATM Network". finance.yahoo.com. Retrieved 2020-02-07.
- ↑ Torpey, Kyle (2017-07-31). "How Airbitz Hopes to Keep Bitcoin Decentralized on Mobile Wallets". Bitcoin Magazine. Retrieved 2020-02-07.
- ↑ "CSBS Announces Fintech Advisory Panel Members". www.csbs.org. Retrieved 2020-02-07.
- ↑ "Genmega, LibertyX partner to enable bitcoin buying at retail ATMs". www.atmmarketplace.com. 2018-10-16. Retrieved 2020-02-07.
- ↑ "New York Grants BitLicenses to Robinhood Crypto and LibertyX". The National Law Review. Retrieved 2020-02-07.
- ↑ "LibertyX Surpasses 1,000 Bitcoin ATMs Across the US". finance.yahoo.com. Retrieved 2020-02-26.
External links[edit]
| Technology | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Consensus mechanisms | |||||||||||||||||
| Proof-of-work currencies |
| ||||||||||||||||
| Proof-of-stake currencies | |||||||||||||||||
| ERC-20 tokens | |||||||||||||||||
| Other currencies | |||||||||||||||||
| Related topics | |||||||||||||||||
This article "LibertyX" is from Wikipedia. The list of its authors can be seen in its historical and/or the page Edithistory:LibertyX. Articles copied from Draft Namespace on Wikipedia could be seen on the Draft Namespace of Wikipedia and not main one.
