Bitcoin ATMs Pump to Over 7,500 Worldwide

Bitcoin ATMs Pump to Over 7,500 Worldwide

The number of Bitcoin ATMs around the world increased by over 70% since last year. By Frank Cardona

  • Bitcoin ATM’s have pumped by 70% in the last year to over 7,500 around the world.

  • The US dominates the industry with over 70% of the global market share of Bitcoin ATMs. ATM operators and manufacturers remain highly concentrated.

In a sign of the continued growth of the crypto industry, there are now more than 7,500 Bitcoin ATMs throughout the world. Figures from Coin ATM Radar, a website that tracks the crypto ATM industry, suggests an increase in new machines of around 70% since April. In 2020 alone, there have been roughly 1,200 new Bitcoin ATMs installed around the world. For perspective, it took approximately four years, from 2014 to 2018, for the industry to see 2,000 Bitcoin ATMs installed globally. Read More...