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Coinbase Launches AI Agents as Crypto ATMs Expand — Plus Wallet Revolutionizes Digital Asset Management

November 16, 2024 By CryptoReporter

Coinbase’s introduction of the “Based Agent” on the Base blockchain allows users to establish an AI-powered crypto agent in a mere three minutes, showcasing a significant move towards more streamlined cryptocurrency management tools. This development coincides with the anticipated growth of the global crypto ATM market, expected to escalate to $2.58 billion by 2032.

In response to these innovations, Plus Wallet offers robust cross-chain functionality, facilitating seamless management of digital assets. It serves as a comprehensive tool for users immersed in the increasingly complex, multi-chain cryptocurrency environment, enhancing both the efficiency and accessibility of digital asset management.

Coinbase Rolls Out AI-Enabled Crypto Management

Coinbase has rolled out the “Based Agent,” a new framework that allows users to swiftly create their AI-powered crypto agents on the Base blockchain. This innovation enables users to configure a wallet and AI agent capable of conducting trading, swapping, and staking within three minutes.

Demonstrated by product manager Lincoln Murr in a promotional video, the Based Agent simplifies the creation of automated bots capable of engaging with smart contracts. Developed using Coinbase’s SDK, integrated with OpenAI technology and Replit’s platform, it requires only API keys from Coinbase and OpenAI to initiate. Industry experts anticipate that AI agents will soon manage more than 80% of blockchain transactions.

Potential Boom in the Crypto ATM Market

The worldwide crypto ATM market, currently valued at $87.35 million in 2023, is projected to grow to $2.58 billion by 2032, with an annual growth rate of about 45.7%. This surge is driven by increased cryptocurrency adoption and acceptance, supported by favorable regulatory environments worldwide.

Crypto ATMs are becoming more prevalent in accessible venues such as retail stores, malls, and gas stations, making cryptocurrency transactions more convenient for everyday consumers. CoinFlip, a U.S.-based company, is expanding its reach into international markets, including Mexico, Australia, and Brazil. Despite this expansion, challenges persist, particularly from regulators like the UK’s FCA, which has tightened controls on unlicensed ATMs to regulate the sector effectively.

Streamlined Cross-Chain Access with Plus Wallet

With crypto adoption growing, Plus Wallet emerges as an ideal hot wallet for managing digital assets. It offers cross-chain functionality, enabling users to access various digital assets within a single wallet.

Instead of managing multiple wallets and networks, Plus Wallet allows users to send, receive, and swap assets across multiple blockchains in just a few taps, making it an excellent choice for those seeking easy and efficient management of diverse holdings.

By bridging blockchains, Plus Wallet allows users to navigate their portfolios smoothly, providing flexibility for quick decisions and asset optimization.

Whether crypto enthusiasts are shifting assets to capture market changes or simply consolidating Plus Wallet’s unified access keeps users in control without extra steps. With a single, secure entry point, it simplifies multi-chain asset management while maintaining security.

Importantly, this wallet serves more than just crypto enthusiasts; it opens up a new level of efficient asset management. Plus Wallet isn’t just another hot crypto wallet; it’s a strategic solution for today’s fast-moving, multi-chain crypto market. Combining speed, security, and cross-chain functionality, Plus Wallet is essential for anyone wanting comprehensive asset access and flexibility.

In Summary  

As traditional finance and crypto continue to integrate, innovations like Coinbase’s Based Agent, the expansion of crypto ATMs, and Plus Wallet’s advancements are defining the future of asset management.

Coinbase’s AI-based tools streamline interactions with blockchain technology, while the expanding crypto ATM network increases accessibility to digital currencies.

With these developments, Plus Wallet offers users a seamless way to handle a wide range of assets across multiple blockchains. Its cross-chain capabilities, intuitive interface, and security features make it essential for today’s traders. As efficiency and flexibility grow in demand, Plus Wallet not only meets but redefines expectations for a crypto wallet.

Explore Plus Wallet:

Website: https://pluswallet.app/

Download: https://onelink.to/pluswalletapp

Twitter: https://x.com/pluswalletapp

Instagram: https://www.instagram.com/pluswallet.app/

Disclaimer: The statements, views and opinions expressed in this article are solely those of the content provider and do not necessarily represent those of Crypto Reporter. Crypto Reporter is not responsible for the trustworthiness, quality, accuracy of any materials in this article. This article is provided for educational purposes only. Crypto Reporter is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Do your research and invest at your own risk.

Filed Under: General News, News Tagged With: PlusWallet

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