Coinbase has launched a new feature called “Based Agent” on the Base blockchain that lets users create their own AI-powered crypto agent in just three minutes. This move toward simplified crypto solutions mirrors the significant growth expected in the global crypto ATM market, projected to hit $2.58 billion by 2032.
Further enhancing this trend of convenience, Plus Wallet provides seamless cross-chain functionality, offering a comprehensive solution for managing digital assets efficiently and effortlessly. For those navigating the complex, multi-chain environment of today, Plus Wallet ensures smooth and accessible digital asset management.
Coinbase’s Latest Innovation: AI-Driven Crypto Bot
Coinbase introduces “Based Agent,” a new tool allowing users to quickly establish their own AI-driven crypto agent on the Base blockchain. This feature enables users to set up a combination of a wallet and an AI agent in merely three minutes, streamlining activities such as trading, swapping, and staking.
Lincoln Murr, the product manager, demonstrated the tool in a video, highlighting that Based Agent simplifies the creation of automated bots that can engage with smart contracts. Leveraging Coinbase’s SDK, OpenAI technology, and Replit’s platform, the setup requires just API keys from Coinbase and OpenAI. Experts anticipate that AI agents could soon manage more than 80% of blockchain transactions.
Expansion of Crypto ATMs as Market Targets $2.58B Future
The global crypto ATM market, valued at $87.35 million in 2023, is expected to skyrocket to $2.58 billion by 2032, growing at an annual rate of nearly 45.7%. This expansion is fueled by increasing acceptance and use of cryptocurrencies, alongside supportive global regulations.
Crypto ATMs are becoming more commonplace in locations like retail stores, malls, and gas stations, making it easier for consumers to buy cryptocurrencies. CoinFlip, a U.S.-based company, has expanded into Mexico and is extending its reach to countries such as Australia and Brazil. Nonetheless, challenges remain, such as the UK’s FCA tightening regulations on unlicensed ATMs to regulate the market.
Simplified Multi-Blockchain Management with Plus Wallet
As cryptocurrencies become increasingly mainstream, Plus Wallet distinguishes itself as the premier hot wallet for effective digital asset management. It offers extensive cross-chain functionality, enabling users to access a broad spectrum of digital assets through one convenient wallet.
Users no longer need to switch between different wallets and networks; Plus Wallet facilitates the sending, receiving, and exchanging of assets across various blockchains with just a few taps. This capability is perfect for those who prioritize straightforward and efficient management of their crypto holdings.
Plus Wallet removes the traditional barriers between blockchains, allowing users to effortlessly manage their portfolios and swiftly adjust assets to suit their strategies.
Whether traders are shifting assets to take advantage of market changes or simply organizing their holdings, Plus Wallet provides unified access that keeps users in command with minimal effort. Additionally, it offers a single secure point of access, streamlining the management of multi-chain assets while maintaining security.
What’s more, this wallet transcends being merely a tool for crypto enthusiasts—it introduces a new level of freedom and efficacy in managing assets. Plus Wallet combines speed, security, and the convenience of cross-chain functionality, making it an essential tool for anyone looking to manage their assets efficiently in the dynamic, multi-chain environment of today’s crypto market.
The Bottom Line
As the traditional finance sector and cryptocurrency increasingly merge, innovations such as Coinbase’s Based Agent, the expansion of crypto ATMs, and the advancements introduced by Plus Wallet are defining the future of digital asset management.
Coinbase’s AI tools aim to simplify interactions with blockchain technology, while the proliferation of crypto ATMs enhances the accessibility of cryptocurrencies worldwide.
With these developments, Plus Wallet emerges as a standout, providing a streamlined way to handle diverse assets across multiple blockchains. With its cross-chain capabilities, intuitive interface, and robust security measures, Plus Wallet is becoming indispensable. As traders increasingly value efficiency and flexibility, Plus Wallet not only satisfies these needs but also redefines expectations for crypto wallet functionality.
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