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Crypto ATM Market is driven by increasing popularity of cryptocurrencies, the ease of use of crypto ATMs | General Bytes (Czech Republic), Bitaccess (Canada)

07-13-2023 05:15 AM CET | Industry, Real Estate & Construction

Press release from: Global Insight Services

Global Crypto ATM Market report from Global Insight Services is the single authoritative source of intelligence on Crypto ATM Market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters' and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.

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A Crypto ATM is a machine that allows you to buy or sell cryptocurrencies for cash. These machines are similar to traditional ATMs, but they allow you to transact with digital currencies instead of fiat currencies. Crypto ATMs can be used to buy or sell Bitcoin, Ethereum, Litecoin, and other cryptocurrencies.

Crypto ATMs are typically operated by companies that provide Bitcoin or other cryptocurrency wallets. These companies typically charge a fee for each transaction. Crypto ATMs may also offer services such as exchanging one cryptocurrency for another, or buying goods and services with cryptocurrency.

Key Trends

In the past few years, we have seen a growing trend in the use of cryptocurrency ATMs. These machines allow users to buy and sell digital currencies, such as Bitcoin, Ethereum, Litecoin, and others.

 One of the main reasons for the growth of crypto ATMs is the increasing adoption of cryptocurrencies. More and more people are using digital currencies for everyday transactions, and this is only expected to increase in the future. Crypto ATMs provide a convenient way for people to buy and sell cryptocurrencies, and this is one of the main reasons for their growing popularity.

Report Overview- https://www.globalinsightservices.com/reports/crypto-atm-market

Another trend that we are seeing in the crypto ATM market is the increasing number of machines that offer both buying and selling services. In the past, most machines only allowed users to buy cryptocurrencies. However, as the market has grown, we are now seeing more machines that offer both buying and selling services. This is a convenient way for people to get the best of both worlds, and it is one of the reasons why we expect the number of crypto ATMs to continue to grow in the future.

Finally, we are also seeing a trend towards more sophisticated machines. In the past, crypto ATMs only allowed users to buy or sell a few different cryptocurrencies. However, we are now seeing machines that offer a wider range of services, such as the ability to trade different digital assets, use different fiat currencies, and even offer features such as touchscreens and QR code scanners. This trend is only expected to continue as the market for crypto ATMs grows and matures.

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Key Drivers

Some of the key drivers of the Crypto ATM market are the increasing popularity of cryptocurrencies, the ease of use of crypto ATMs, and the increasing number of Bitcoin ATMs.

Cryptocurrencies have been gaining popularity in recent years, with more and more people investing in them. This has led to an increase in the number of people using crypto ATMs. Crypto ATMs are convenient because they allow users to buy and sell cryptocurrencies without having to go through a traditional exchange.

The number of Bitcoin ATMs has also been increasing. This is because Bitcoin is the most popular cryptocurrency, and it is also the most widely accepted. Bitcoin ATMs allow users to buy and sell Bitcoin without having to go through an exchange.

The increasing popularity of cryptocurrencies and the ease of use of crypto ATMs are the two main drivers of the Crypto ATM market.

Market Segments

By Offering

Hardware
Display
ATM Printer
QR Scanner
Software

By Type

One Way
Two Way

By Coin

Bitcoin (BTC)
Litecoin
Ethereum (ETH)
Dogecoin
Bitcoin Cash
Dash
Tether (USDT)

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By Application

Shopping Malls
Restaurants
Transportation Hubs
Standalone

Key Players

Genesis Coin
Lamassu
BitAccess
Coinsource
General Bytes
BitXatm
Orderbob
Robocoin
Skyhook
Bitcoin Depot
Bitstop
Coinme
Coinsource
Rockitcoin
Expresscoin
Athena Bitcoin
LibertyX
BitPay
Coin Cloud
Bitcoin Teller Machine

With Global Insight Services, you receive:

10-year forecast to help you make strategic decisions
In-depth segmentation which can be customized as per your requirements
Free consultation with lead analyst of the report
Excel data pack included with all report purchases
Robust and transparent research methodology

Ground breaking research and market player-centric solutions for the upcoming decade according to the present market scenario

About Global Insight Services:

Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.

Contact Us:

Global Insight Services LLC
16192, Coastal Highway, Lewes DE 19958
E-mail: info@globalinsightservices.com
Phone: +1-833-761-1700
Website: https://www.globalinsightservices.com/

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