May 31st,2018
Trilliant ATMs Allow Everyone Easy Access to the Highly Lucrative Cryptocurrency Sector
Manufactured by Crypto Global Capital AG, the world’s first crypto hybrid fund, Trilliant ATMs represent the clearest indication yet that cryptocurrency transactions may well soon become as commonplace as traditional currency transactions – anywhere in the world.
Trilliant’s ATMs represent the first time that cryptocurrency investors can purchase cryptocurrencies, such as Bitcoin, by inserting cash or debiting the transaction to their debit or credit cards. Conversely, users can also sell their cryptocurrency assets and withdraw the cash.
The ATMs themselves are examples of the pinnacle of cryptocurrency technological ingenuity. Direct access to ICO’s can be achieved at every ATM machine and two-way transactions (pay-in and pay-out) are easy to complete.
In addition, Trilliant’s ATMs feature a state-of-the-art touch screen, card reader and PIN pad and a front-facing camera for optimal client verification (KYC – know your customer) and additional inbuilt security measures to protect investor’s assets.
An inclusive company, Trilliant is determined to ensure that everyone has access to their ATMs and easily make necessary cryptocurrency transactions anywhere in Europe. They’re aiming to install 500 terminals over the next 24 months – with the first being in operation by the fall of 2018.
In addition, Trilliant has offered further incentives to use their ATM facilities. Named ‘the Fractional Ownership Program for Next Generation Cryptocurrency ATMs,’ the program offers anyone the opportunity to achieve a stake in the cryptocurrency boom – with the promise of a healthy return in any investment whilst enjoying the comfortable financial familiarity of an ATM terminal.
Each ATM is divided into fractional ownership units starting at $100 each. The ownership units are based on legally-binding revenue sharing contracts which can be purchased on the Trilliant website with TRIL tokens. The token pre-sale begins on July 10th, 2018 and is organized on a first-come, first-serve basis, encouraging potential investors to get in quick if they want to invest.
2% of the revenue generated by ATMs will be divided between the ATM units and paid out to unit owners monthly – enabling investors to profit from using the ATMs.
Sebastian Korbach, Trilliant CEO said, ‘Of course, there are companies that produce ATMs, but the only use for their tokens is to pay for hefty transaction fees that users incur whenever withdrawing or depositing money. Here at Trilliant, we really want to give something back.’
Trilliant has stated that their transaction fees will range from 5-15% and that 500 ATMs will be strategically-placed in key emergent geographies across Europe. The company will also support a large proportion of coins in the market for buying, selling and as an ICO investment.
The increasing demand for easy access to withdraw and deposit cryptocurrency represents, arguably, the most significant milestone in the demand for cryptocurrency facilities. When you consider the nature and implications of Trilliant’s innovation, it becomes apparent that that company is building the infrastructure to service burgeoning cryptocurrency market over the coming few years – and well into the future.
Learn more about Trilliant by clicking the link here and reading their Whitepaper.
Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.
Image courtesy of Duncan Rawlinson – Duncan.co – @thelastminute via Flickr
The post This is Why Crypto ATMs Are About to Become a Huge Deal appeared first on Global Coin Report.
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