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Crypto ATM Market

Crypto ATM market size will expand at a substantial rate due to the robust demand for cryptocurrencies.

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Crypto ATM Market

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  1. Crypto ATM Market Trends, Segmentation and Registering a Strong Growth by 2028 Crypto ATM market size will expand at a substantial rate due to the robust demand for cryptocurrencies. Cryptocurrencies are becoming popular among virtual investors because they are considered valuable investments. Since this form of currency is not regulated or issued by a central authority, anyone can invest in it without leaving a paper trail of their transactions. As of 2022, more than 18,000 cryptocurrencies are in use, with 24 new ones being created every week. Here is where crypto ATMs can come in use because, just like a regular ATM, these standalone machines facilitate ease in carrying out crypto transactions. As per bitcoin ATM firm Coinsource, crypto ATMs are among the safest ways of buying and selling cryptocurrencies because they can protect investors from the bitcoin’s constant fluctuations. Also, since these ATMs are password protected and possess a 2-factor authentication process, they can safeguard a user’s account from fraudsters. © 2018 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  2. Global Market Scenario of Crypto ATM Industry © 2018 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  3. Continue:- Estimates suggest that global crypto ATM market share will exceed USD 4.5 billion in value by 2028. Rising cyberattacks will boost demand for enhanced safety at crypto ATMs: Since transactions carried out through crypto ATMs are wholly digital, there are several cybersecurity issues associated with the same. According to Gadgets360, 2020 saw a major hike in crypto-related crimes, which amounted to USD 10.52 billion. Scams and frauds represented 67.8% of the total cryptocurrency crimes in the same year. This scenario has put a spotlight on the safety of crypto ATMs to carry out internet-based financial transactions. Companies are strengthening their R&D efforts to improve the security of these devices and ensure customer safety and satisfaction. Bitcoin ATMs to gain traction among investors: Among the many crypto ATMs used to buy and sell cryptocurrencies, bitcoin ATMs are becoming prevalent across the world. These are considered one of the safest mediums of buying and selling bitcoins. Users are required to enter a password and complete a two-factor authentication process to seal their virtual deals or gain access to their accounts. © 2018 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  4. Request for sample copy of this research report@ https://www.gminsights.com/request-sample/detail/2944 © 2018 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  5. 360° Industry Analysis This makes it difficult for hackers to steal bitcoins. These ATMs are also quite versatile in their operations as investors can use cash to purchase bitcoins. Clients can also receive cash while selling bitcoins, making it much easier for amateur investors to enter business deals. With Asia Pacific becoming one of the emerging users of bitcoin ATMs, many firms are setting up their bases across the region. For example, in March 2022, Intellogate, a Ukrainian bitcoin ATM developer, announced plans to expand its operations across Asia through a collaboration with two South Korean companies, Publish and Lincrux. Significance of crypto ATM software will rise: Global market size from crypto ATM market software will record a strong growth rate during the forecast period of 2022-2028. Customers are demanding the installation of advanced software in crypto ATMs to ease the process of buying, storing, and selling cryptocurrencies. Companies are launching a wide array of software to simplify the process of dealing with cryptocurrencies. For example, Bitcovault and Pay Point have recently introduced software that provides secure and cost-effective solutions to their customers while carrying out transactions. Request for customization:https://www.gminsights.com/roc/2944 © 2018 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  6. Industry Background Complete table of contents@ https://www.gminsights.com/toc/detail/crypto-atm-market © 2018 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  7. Stay In Touch You can visit us at: www.gminsights.com Thank You…! © 2018 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

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