Despite the bearish trend shown by the cryptocurrency market throughout the year, it is assumed that the digital asset ATM industry will reach 145 million dollars by the year 2023, with an annual growth rate of up to 54.7% for the next few years, according to a report by ResearchandMarkets.

It is important to note that, at present, the market is over 16.3 million dollars, according to the Coin ATM Radar portal, with around 3,687 units deployed in more than 70 countries.

Likewise, the report indicated that two-way ATMs, that is, those that allow not only to buy, but also to sell cryptocurrencies using fiat currencies; they will grow to an even greater range than those in a single way.

However, the information shows that at present the one-way ATMs are at the forefront of the market, since at least two thirds of the current units would have this modality. In addition, more than 2,000 units would be located in the United States.

In this sense, the researchers pointed out that the United States would maintain its leadership as the largest market for cryptocurrency ATMs, even though countries such as Japan and Germany would also be entering the mass adoption of this technology.

However, the researchers warn that the regulatory uncertainty could negatively affect the growth of this industry in several countries of the world, in addition to the lack of understanding and information about their operation.

Although the report does not address the issue of security, cryptocurrency ATM malwares continue to proliferate and would even be commercialized on the black market for around US $ 25,000.

The Russian authorities also confiscated several cryptocurrency ATMs this week in the middle of an investigation of the company that produces them.

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Wirex, the renowned cryptocurrency debit card service, announced through its official blog that it would have added Ethereum to its portfolio, which will allow its users to buy, sell and store Ethereum (ETH), in addition to converting it to the dollar, euro or pound sterling to make online or physical payments through the Wirex Payment Card.

The addition of Ethereum to the platform means that they will now have up to 4 different cryptocurrency wallets including Bitcoin, Litecoin and Ripple, in addition to those already mentioned in dollars, euros and pounds.

Users can add funds by sending ETH tokens to be exchanged for any of these fiat or digital currencies. They could also simply buy them without having to send funds previously.

On the decision to add ETH to the Wirex platform, Pavel Mavteev, founder of the company, commented that it was one of the simplest decisions he had to make, since "Ethereum represents the second most valuable cryptocurrency after Bitcoin, and that made it the largest altcoin in the world, so it became a priority for the Wirex team. "

According to the official Wirex website, with the addition of Ethereum to its platform, users will be able to:

-Convert ETH to fiat currency and use it with the Wirex card
-Buy, sell, exchange and deposit ETH in your wallet
-Link the wallet to your debit or credit card
-Exchange up to 50 altcoins with ETH
-Exchange ETH with dollars, pounds sterling, euros, BTC, LTC and XRP
-Perform free transactions between Wirex users

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