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[PDF] What are the key factors drive Cryptocurrency ATM industry?
Cryptocurrency ATM Market Perspective 2021
A crypto ATM is a physical device that allows people to buy cryptocurrencies with cash and their debit or credit card. Some are bi-directional and also allow for the sale of digital currencies for cash. A Bitcoin ATM (Automated Teller Machine) is a kiosk that allows a person to purchase Bitcoin and other cryptocurrencies by using cash or debit card. Some Bitcoin ATMs offer bi-directional functionality enabling both the purchase of Bitcoin as well as the sale of Bitcoin for cash. In some cases, Bitcoin ATM providers require users to have an existing account to transact on the machine. Cryptocurrency ATM is a terminal that allows you to buy BTC, ETH and other cryptocurrencies using a bank card or cash. Visually, they can differ from each other, sometimes look like ATMs and sometimes installed built into a stand or wall.
KEY TAKEAWAYS
A bitcoin ATM is a standalone device or kiosk that allows members of the public to buy or sell bitcoin or other cryptocurrencies for a terminal.
Bitcoin ATMs are connected to the Internet and often utilize QR codes to send and receive tokens to users' digital wallets.
There are currently more than 14,000 bitcoin ATMs in operation around the world.1
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๐ช๐ต๐ฎ๐ ๐ถ๐ ๐๐ต๐ฒ ๐บ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐๐ถ๐๐ฒ, ๐๐ต๐ฎ๐ฟ๐ฒ ๐ผ๐ณ Cryptocurrency ATM ?
๐ฌ๐ฒ๐, The global cryptocurrency ATM market is estimated to exhibit a CAGR of 45.8% over the forecast period
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Companies Covered as part of this study include: Genesis Coin, General Bytes, Lamassu, Bit Access, Covault, BitXatm, BTC facil, BitTeller, Skyhook, and LocalBitcoins.,
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