Cryptocurrency ATM Market is projected to grow at a CAGR of 46.40% during the forecasting period 2021-2027.
Technological advanced has catered a long way for developing the world of finance and making it a better place for investors. A cryptocurrency is a digital or virtual form of currency that is safeguarded by cryptography, which makes it nearly impossible to counterfeit or commit fraud. In which cryptocurrency ATM allows the investor to buy the bitcoins and various cryptocurrencies using a bank card or cash. These Crypto ATM can differ from each other sometimes they may be in form of usual ATM’s or sometimes it may be installed into stand or walls. Emergence of this ATM have been beneficial in many ways like easy access for buying the bitcoins, secure exchange platform, user interactive feature, etc. Increasing popularity about trading in cryptocurrency is becoming a major factor for raising the demand for Crypto ATM’s. There are certain restrictions by the local government imposed on trading of cryptocurrencies that is hampering the growth for ATM’s in some nations. With the surging demand for installation of such ATM in places like hospitals, hotels, malls are rising the market size for cryptocurrency. Also, the rise in disposable income of individuals and growing vogue about bitcoins will drive the market for these ATM’s in future.
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The Cryptocurrency ATM market report has been categorized as below
By Type
One-Way
Two-Way
By Component
Hardware
Display
Scanner
ATMPrinter
Others
Software
Services
By Region
North America
Europe
Asia Pacific
Rest of World
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