2024-07-02
The
number of cryptocurrency ATMs installed worldwide has spiked 17.8% to 38,279
over the last 12 months, inching closer to its record of 39,541 set in December
2022.
As of
2024, there have been 2,564 new cryptocurrency ATMs installed. This indicates a
positive trend compared to the net loss of 2,861 machines in 2023.
The
tally increased every month between July 2023 and May 2024.
Installations
from May to June fell by 115, but June rebounded strongly with a net increase
of 377.
Bitcoin Depot, Coinflip, and Athena Bitcoin are the leading cryptocurrency ATM operators, with 7,543, 5,057, and 2,756 machines, respectively.
Bitcoin
Depot is the largest Bitcoin ATM Provider in the United States. The company
went public in 2023, trading on Nasdaq stock exchange.
Bitcoin
(BTC) is by far the most popular cryptocurrency transacted with, while Bitcoin
Cash (BCH), Ether (ETH), and Litecoin (LTC) also feature prominently.
Bitcoin ATM Locations Worldwide (coinatmradar.com)
Number
of crypto ATMs by countries.
1. United
States – 31,667 locations
2. Canada
- 3028 locations
3. Australia
- 1109 locations
4. Spain
- 311 locations
5. Poland
- 279 locations
6. El
Salvador - 215 locations
7. Germany
- 177 locations
8. Hong
Kong - 169 locations
9. Romania
- 139 locations
10. Georgia
- 127 locations
More
than 82% of the world’s cryptocurrency ATMs are in the United States, while
Canada comes in second at 7.7%.
Australia
has seen a surge in installations, increasing nearly 17-fold to 1,107 machines
over the last two years.
In
conclusion, most of crypto ATMs are located in the United States.