10,000,000 Transactions per Week: Cryptonica Reaches a New Milestone

General

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.