Ethereum

Dogecoin

Bitcoin

Cryptonica has reached a significant milestone by successfully handling 10 million transactions every week.
Cryptonica has a network of 6,000 ATMs spanning 22 countries, making it easier to access digital assets. Transactions from these ATMs show that 62% involve Bitcoin (<a href="https://crypto.news/price/bitcoin/" data-type="link" data-id="https://crypto.news/price/bitcoin/" rel="noopener noreferrer nofollow">BTC</a>), 23% involve Ethereum (<a href="https://crypto.news/price/ethereum/" data-type="link" data-id="https://crypto.news/price/ethereum/" rel="noopener noreferrer nofollow">ETH</a>), 7% involve Dogecoin (<a href="https://crypto.news/price/dogecoin/" target="_blank" data-type="link" data-id="https://crypto.news/price/dogecoin/" rel="noopener noreferrer nofollow">DOGE</a>), and 8% involve other altcoins.&nbsp;
The average transaction value is $133, suggesting a diverse user base that includes retailers and small to medium-sized businesses.
You might also like: <a href="https://crypto.news/crypto-atms-fraud-and-scams-on-the-rise-in-the-us-report/" rel="noopener noreferrer nofollow"> https://crypto.news/crypto-atms-fraud-and-scams-on-the-rise-in-the-us-report/ </a>
<h2 class="wp-block-heading" id="what-are-crypto-atms">What are crypto ATMs?&nbsp;</h2>
Crypto ATMs, also known as Bitcoin ATMs or BTMs, are physical kiosks that enable users to buy and sell cryptocurrencies using cash or debit cards. These machines are connected to the internet, allowing them to interact with various cryptocurrency exchanges and blockchain networks.
Users can buy crypto by inserting cash or a card and providing their wallet address, typically via a QR code scan.
Some crypto ATMs also allow users to withdraw cash by selling their cryptocurrencies. These transactions are usually quick, with confirmations taking anywhere from a few minutes to an hour, and are secured with compliance measures like identity verification to prevent fraud.
You might also like: <a href="https://crypto.news/uk-cracks-down-on-crypto-atms/" rel="noopener noreferrer nofollow"> UK cracks down on crypto ATMs </a>
<h2 class="wp-block-heading" id="growing-use-of-crypto-atms">Growing use of crypto ATMs</h2>
The recent surge in transaction volume, 55% higher than the previous week, underscores the increasing demand for crypto ATMs worldwide.
Cryptonica ATMs boast an impressive uptime of 99.98%, setting a new industry standard for efficiency and reliability. The average transaction time is just 90 seconds. Rigorous fraud prevention measures and lockdown modes ensure the security of digital assets, contributing to the company’s growth and user trust.

Cryptonica hits 10M in weekly transactions

Table of Contents

crypto.news

Άλλα άρθρα που δημοσιεύτηκαν στις 29 Ιουλ 2024

Ethereum ETF Excitement Leads Crypto Whales to Scoop Up 426,000 ETH, Price Rally Next?

Bitcoin Whales Accumulating As BTC Price Rebounds To $67K

Trump Lays Out Plan To Make US the World’s Bitcoin Superpower

Solana's Solend Rebrands to Save and Launches Dumpy.fun for Shorting Memecoins

SimpleSwap’s New Invite System: Enhancing User Engagement and Rewards (29 Jul)

Elon Musk says he doesn’t like crypto all that much – not even Bitcoin

Join our free newsletter for daily crypto updates!