Top Companies in Crypto ATM Market | Leading Players Strategies and Overview in One Click

Crypto ATM Market to Reach Valuation of USD 1185.4 Million by 2028 - Surging Demand for Crypto ATM across Various Applications to Bloom Market

Top Companies in Crypto ATM Market | Leading Players Strategies and Overview in One Click
Crypto ATM Market

Upcoming Trends in Crypto ATM Market  

The Global Crypto Atm Market is valued at USD 74.2Million in 2021 and is projected to reach a value of USD 1185.4 Million by 2028 at a Compound Annual Growth Rate (CAGR) of 58.70% over the forecast period. Cryptocurrency is the alternative form of payment to cash, credit cards, and checks. In cryptocurrency, the customer directly sends money without interaction with the bank. Crypto ATM is the ATM from which individuals can transfer cryptocurrency easily through an ATM machine. For purchasing cryptocurrency through the crypto ATM, the individual must go through KYC, input the address of the crypto wallet to make a deposit into, insert the order money through the crypto ATM, and finally confirm the transaction. The crypto ATM auto-generates receipts for every transaction. These receipts contain public and private keys in the form of QR codes for security purposes.

Some of the key players operating in the Crypto ATM market are listed below:

Company Name

Revenue in USD

  • General Bytes

$10.47 million

  • Genesis Coin

$35 Million

  • Lamassu

$5 Million

  • Bitaccess

$6 Million

  • Coinme

$12 Million

 

  1. General Bytes

GENERAL BYTES is the world's largest manufacturer of Bitcoin and Cryptocurrency ATMs. We bring Android, Bitcoin, and blockchain-based technologies to new and unexpected places. The company is a privately held organization.

  1. Genesis Coin

Genesis coin hardware and software allow customers to seamlessly buy and sell Bitcoin, and other digital commodities, for cash. It excels in price & operational agreements, longevity, and future implementations. Key features include cash in, cash out, paper wallets, identity verification, and transactional volume limitations. The goal of the company is for individuals to experience crypto-currencies in their most elegant form, swift, simple, and secure. Genesis was built for the world. 

  1. Lamassu

Lamassu is the Bitcoin ATM market leader. In its first year, it has built over 250 Bitcoin ATMs, delivered to 150 operators, in 40 countries. It aims to grow to 1,000 machines in 2015, and to 10,000 machines by the end of 2017. Live machines currently process $20,000 of transactions per month on average.

  1. Bitaccess

Bitaccess is a technology company building the future of financial services located in Ottawa, OH, U.S. the company has 11 employees working.  

  1. Coinme

Coinme is a leading digital currency exchange on a mission to make digital currency more accessible for everyone. When the world has access, everyone has a fair chance for financial prosperity. Coinme operates a leading licensed cryptocurrency cash exchange in the U.S., founded in 2014 with a mission to be the world’s most trusted gateway to digital currencies and a better financial future. Through partnerships with Coinstar and MoneyGram, Coinme enables thousands of physical locations in 48 states to facilitate the cash purchase and sale of bitcoin. The company offers an enterprise-grade API helping to “crypto-enable” legacy financial systems and a vertically integrated suite of consumer products providing a simple, trusted, and affordable way to buy, sell, store, and manage digital currencies.

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