Retailers including CVS Pharmacy, Rite Aid, and 7-Eleven now allow LibertyX mobile app users to purchase up to $500 in Bitcoin with cash.<\/p>\n\n\n\n
LibertyX, the firm that launched one of the early Bitcoin ATMs<\/a>, has just made purchasing Bitcoin in cash possible at more than 20,000 retail locations across the United States. <\/p>\n\n\n\n In a June 22 announcement<\/a> on LibertyX\u2019s Twitter account, the crypto ATM service company said customers of retailers including 7-Eleven, CVS Pharmacy, and Rite Aid would be able to buy Bitcoin (BTC<\/a>) with cash. <\/p>\n\n\n\n Users need to have the LibertyX mobile app<\/a> installed, select which retailer location they will visit in advance, and scan their barcodes at the time of purchase. According to LibertyX, crypto holders can buy between $20-$500\u2014up to 0.052 BTC as of this writing\u2014with transactions processed in minutes for a small fee. <\/p>\n\n\n\n LibertyX Co-founder and CEO Chris Yim said the company expanded crypto purchasing services so customers could buy BTC at familiar locations: <\/p>\n\n\n\n “Now, everyone is only a few miles away from owning bitcoin and becoming part of its global community. Buying bitcoin is as easy as scanning a barcode while shopping for groceries.”<\/p>\n\n\n\n Crypto traders have already started to take advantage of the new offering. Reddit user notyourcoins reportedly received $99.58<\/a> for a $104.95 BTC purchase from 7-Eleven on June 22\u2014$100 for the crypto, and $4.95 for the retailer fee. <\/p>\n\n\n\nEarly reactions from crypto community<\/strong><\/h2>\n\n\n\n