Auscoin, an Australian crypto ATM network with around 30 machines, is currently dealing with a turnover of about $2 million a month, according to a report from Daily Mail Australia A crypto ATM allows a person to buy or/and sell cryptocurrencies.
“[...] We currently have 31 Auscoin ATMs in Australia… And our turnover is $500,000 a week, which is just insane considering how much the price of Bitcoin has dropped. It just shows there really is a market for it and cryptocurrency is seen as a way of the future for many.” — Sam Karagiozis, leading Bitcoin investor who introduced cryptocurrency ATMs in Australia.
In fact, we shared recently that in spite of the crypto market falling prices in the end of 2018 the number of new crypto ATMs has continued to grow worldwide — and there are no signs of deceleration. You can check a world map with all crypto ATMs here.
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