Hodl Services has implemented CryptX Wallet as its operational wallet. Currently operating 72 Bitcoin ATMs in the province of Ontario, Canada, they are working on further expansion within the country. They plan to double the number of machines by the end of the year.
Hodl Digital Services saw the opportunity to be part of a growing trend towards decentralized financial services and launched their first Bitcoin ATM in January of 2018. Hodl obtained their Canadian regulatory registration from FINTRAC in January 2019.
Hodl Digital Services wants to make cryptocurrencies and all their advantages easily available to wider segments of the Canadian population including those that are not comfortable with new technologies and those that are under-banked.
In selecting CryptX, Samih Mokbel, President of Hodl Services, noted that they were looking for “the right digital wallet to link to our Genesis machines for Bitcoin, Litecoin, and Ethereum. As with anything related to Cryptocurrency, security and reliability are what we are looking for in terms of having an efficient wallet. For the current needs of Hodl, CryptX provides the services that we require with an excellent support team behind it. We are definitely satisfied with the service that is provided along with the features that CryptX offers.”
CryptX CTO Irakli Khidesheli also commented, “I am glad to see major providers of cryptocurrencies joining us. CryptX Wallet has already become a successful back-end crypto product, and we continue to improve the functionality as required. We are constantly adding new features as needed to attract new types of users.”