Bitcoin And Other Cryptocurrencies ATMs Will Become More In Greece
ATMs, devices that enables customers of financial institutions to perform financial transactions, such as cash withdrawals, deposits, transfer funds, or obtaining account information, through which you can acquire and sell cryptocurrencies, for example such as bitcoin, ethereum, litecoin and dash, which will be available throughout Greece within the next few months.
Until now, there were four ATMs in Athens and one in Thessaloniki. Reports in the Greek media suggest that in the near future CRYPTO ATMs will work in other cities of Greece.
Stefanos Getsopulos, co-founder of Thess Cash Hellas, an advanced company in the field of cryptocurrency, said that three more ATMs are designed to be established in Northern Greece.
The demand for crypto cash machines is driven by cryptocurrency users, some of which choose to avoid centralized financial institutions, such as banks.
Other users of cryptocurrencies just want to somewhat quicker gain access to related assets, enabling the uers to withdraw funds in fiat from cryptocurrency balances; this is exactly what the CRYPTO ATMs allow.
A recent report by the research firm Markets & Markets says that the world market for CREDIT ATMs is expected to reach $ 144.5 million by 2023. This will be a massive increase eight times, from the current 16.3 million dollars.
The study also indicated that as the cryptocurrency continues to grow, the number of ATMs and transactions conducted through them will grow.
At present, there are 3,650 BITCOIN ATMs in the world. The data obtained from Coin ATM Radar tracking site indicates that about 30 Bitcoin ATMs are installed every week.