10,000,000 Transactions per Week: Cryptonica Reaches a New Milestone
29 Julio 2024 - 8:20AM
Cryptonica, a leading innovator in the cryptocurrency ATM sector,
has reached an unprecedented milestone of processing 10,000,000
transactions per week. This milestone reflects the dominating
position of Cryptonica and an encouraging response to its crypto
ATMs.
The surge in the transaction volume means increasing crypto
adoption and Cryptonica’s role in bridging the gap between digital
assets and traditional finance. With a network of 6000 ATMs spread
across 22 countries, Cryptonica ATMs are getting massive traction
and adding ease of access to digital assets.
Data received from the ATMs shows that 62% of the transactions
involve Bitcoin, 23% Ethereum, 7% is DogeCoin, and 8% involve other
altcoins. The average transaction value was $133 which indicates a
diverse use base ranging from retailers and business small and
medium-sized business operations.
Cryptonica ATMs have an incredible uptime of 99.98% which is a
new industry standard for efficiency and reliability. The average
transaction time of ATMs is just 90 seconds, thanks to the
company’s advanced algorithm.
Cryptonica ATMs have rigorous fraud prevention checks and
lockdown modes to ensure the security of digital assets. The
reliability, efficiency, and security of these ATMs are the main
reasons behind the company’s growth among users and its partner
businesses.
By processing 10,000,000 million transactions weekly, which is
55% higher than the previous week, Cryptonica has signaled that
there’s a dire need for expansion and more crypto ATMs to be
installed to meet the users’ needs.
Disclaimer: The information provided in
this press release is not a solicitation for investment, nor is it
intended as investment advice, financial advice, or trading advice.
It is strongly recommended you practice due diligence, including
consultation with a professional financial advisor, before
investing in or trading cryptocurrency and securities.
Timothy Chambliss
marketing at cryptonica.io