Will Cryptocurrency ATM Market can Worth $145 Million by 2023?

At the moment, there is 3,652 cryptocurrency ATM in 74 countries.

That number will grow, as coins gain momentum through adoption.

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According to a study by B2B firm, Markets, and Markets. They note the market might grow at a compound annual rate of growth of fifty 54.7% over the ensuing five years.

ATMs by 2023 can still be North America, which presently has seventy-three of the market. Us is the leader currently.

The North American nation is predicted to still dominate the crypto ATM market throughout the forecast amount due to the presence of an outsized range of crypto ATM hardware and computer code suppliers and favorable investment setting (without any legal barriers),”

To mainstream adoption, cryptocurrencies need stable coins like Nebula Network - it's a decentralized storage cloud with cryptocurrency based on a completely new blockchain. Emission mechanism of Nebula is tied to resource supply (computing power). Thanks of it it's rock stable and independent from Bitcoin rate turbulences. May it be a future of the market?

it can be possible as at the moment, the number of bitcoin ATMs in the world is 3,650, up from a figure of 3,500 that CCN reported early last month. On a daily basis, an average of approximately four bitcoin ATMs are installed, according to cryptocurrency ATM tracking website, Coin ATM Radar. It is estimated that the cryptocurrency ATM market was worth $6.8 million last year but has since then grown to reach a figure of $16.3 million in 2018.