Cryptonica, a leading innovator in the cryptocurrency ATM sector, has reached an unprecedented milestone by processing 10,000,000 transactions per week. This significant achievement underscores Cryptonica's strong market position and reflects a growing acceptance of its crypto ATMs.
The increase in transaction volume points to a rising adoption of cryptocurrencies and highlights Cryptonica's crucial role in connecting digital assets with traditional financial systems. With a network of 6000 ATMs spread across 22 countries, Cryptonica has made substantial progress in making digital assets more accessible to the general public.
Data from Cryptonica's ATMs reveals that 62% of the transactions involve Bitcoin, 23% Ethereum, 7% DogeCoin, and 8% other altcoins. The average transaction value stands at $133, indicating a diverse user base that includes both retail customers and small to medium-sized businesses.
The ATMs boast an impressive uptime of 99.98%, setting a new industry benchmark for reliability and efficiency. Transactions are completed in an average time of just 90 seconds, thanks to Cryptonica's advanced algorithm.
Security is a top priority for Cryptonica, which has implemented rigorous fraud prevention checks and lockdown modes to safeguard digital assets. This focus on security, coupled with the reliability and efficiency of its ATMs, has been instrumental in driving the company's growth among users and partner businesses alike.
By processing 10,000,000 transactions weekly—a 55% increase from the previous week—Cryptonica has highlighted the urgent need for expanding its ATM network to meet growing user demand.
