Number of Crypto ATMs Grows to 39,340 Worldwide
The world’s first bitcoin ATM was installed on October 29, 2013, in a coffee shop in downtown Vancouver, Canada. This ATM by Robocoin witnessed 348 transactions and $100,000 transacted in its first week of operation. Now the first ATM the total number of crypto ATMs reaches 39,340 Worldwide.
The world getting used to cryptocurrencies, as the number of global crypto owners is to reach 1 billion by the end of 2022 according to research conducted by Crypto.com.
In 2015 the total number of crypto ATMs was 331 globally, in 2017 the number reached 970, in 2020 the installed crypto ATMs was 6361, and the number reaches 39,340 today according to Coinatmradar.com.
Few Statistics Regarding Crypto ATMs
- On October 29, 2013, a Robocoin machine opened in the Waves coffee shop in downtown Vancouver, Canada.
- The crypto ATM saw 348 transactions and $100,000 transacted in its first week of operation.
- Over 87% of Crypto ATMs installed in the United States
- The number of digital assets ATM in Canada is 2,652, almost 6.80%
- 78 Countries got their crypto ATM
- A report from Research and Markets estimates the crypto ATM space is now valued at $46.4 million
Also Read: Crypto Giant Blockchain.com Launched Crypto Pre-paid Visa Card
Top Countries Who Installed Crypto ATMs
Many countries installed crypto ATMs, United States is in the top position with 34311 installed ATMs, followed by Canada (2653 locations), Spain (261 locations), El Salvador (212 locations), and others.
Top Cryptocurrencies Supported by ATMs
- According to Coinatmradar, 38,998 ATMs support Bitcoin (BTC)
- Litecoin (LTC) is the second most supported coin, 32,468 ATMs support LTC
- Ether (ETH) at the third most supported crypto, with 29,326 ATMs back ETH
Top Bitcoin ATM Manufacturers and Service Providers
As per Coin ATM Radar, BitAccess is the highest number of ATM manufacturers globally, followed by Genesis Coin, General Bytes, and others.
- BitAccess installed ATMs in 12121 locations
- Genesis Coin installed ATMs in 9238 locations
- General Bytes installed ATMs in 8930 locations
- Bitstop installed ATMs in 2242 locations
- Coinsource installed ATMs in 1950 locations
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