Genmega Converts Regular US ATMs into BTMs, Debit Cards Accepted

Startup Genmega with LibertyX launched newly converted crypto ATMs around the US. These new BTMs are going to be spread and installed in the amount of up to 100,000

Tue, 16/10/2018 - 15:02

Genmega Converts Regular US ATMs into BTMs, Debit Cards Accepted

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On Monday, startup Genmega together with LibertyX launched newly converted crypto ATMs around the US. These new BTMs are going to be spread and installed in the amount of up to 100,000. Besides, they will let citizens buy crypto with regular debit cards.

The new feature here is that the companies intend to ‘convert’ regular Genmega ATMs into BTMs.

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The teams commented that it had taken then five years to come up with the method of turning regular cash machines into BTMs.

As they explained, now buying Bitcoin looks pretty much similar to taking out cash.

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About the author

Yuri Molchan

Yuri is interested in technology and technical innovations. He has been writing about DLT and crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects. He has written for multiple crypto media outlets. His articles have been quoted by such crypto influencers as Tyler Winklevoss, John McAfee, CZ Binance, Max Keiser, etc.