Bitcoin Depot’s crypto ATMs surpass 5,000 as adoption grows
Bitcoin ATMs are becoming increasingly ubiquitous, especially in North America, offering compelling evidence of growing adoption. Bitcoin Depot’s cryptocurrency ATM network continues to expand, with North American installations surpassing 5,000 for the first time amid a surge in retail adoption. With the milestone, Bitcoin Depot is once again the largest ATM network in North America, the company announced Thursday. The number of kiosks has tripled in the last six months, giving more users access to cryptocurrency transactions without requiring a bank or other third-party financial services....
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The bitcoin ATM industry has reached a milestone as the number of machines installed worldwide has surpassed 10,000 after seven years since the first machine was installed. There are now 10,162 bitcoin ATM locations spread across 71 countries. Number of Bitcoin ATMs Exceeds 10K The number of cryptocurrency ATMs has grown significantly over the years, surpassing 10K last week. “It took industry roughly 7 years to reach this point since the first permanent bitcoin ATM installation in the end of 2013,” cryptocurrency ATM tracking website Coinatmradar wrote. “After the first....
With crypto adoption advancing rapidly over the last year, the installation of new crypto ATMs worldwide has also followed this accelerated rate. The number of countries where crypto ATMs are available remains on the rise too. Over the course of 2021, a large number of ATMs were installed as more countries accepted them. This time around, the number of crypto ATMs in the world has hit a new high, indicating that adoption remains high. 39,000 Crypto ATMs Worldwide The rapid growth of crypto worldwide is embodied in the number of ATMs around the globe. This month, the space celebrated a new....
Despite suspending service to some crypto ATMs during the early days of the pandemic, Bitcoin Depot has continued to expand. The largest Bitcoin ATM operator in the world has said it will be expanding into Circle K locations in the United States and Canada.Bitcoin Depot announced today that more than 700 of its Bitcoin ATM machines had already been installed at Circle K convenience stores in 30 U.S. states as part of the new partnership. The crypto ATM distributer said the expansion could provide underserved communities with financial access tools and attract more people to the crypto....
Libertyx has added a cash-out option to its 5,000 bitcoin ATMs. The CEO says this addition triples the number of bitcoin ATMs that allow users to cash out their bitcoin. He shares his business model with news.Bitcoin.com, providing insight into the bitcoin ATM usage trends he is seeing. 5,000 Bitcoin ATMs Now With Cash-Out Option Bitcoin ATM operator Libertyx announced Monday that 5,000 ATMs in its network now allow users to cash out their bitcoin. Besides the vast network of bitcoin ATMs (BTMs) in the U.S., Libertyx allows customers to buy bitcoin at 20,000 convenient stores, including....
This article is a continuation of our previous analysis of the most popular US states for bitcoin using data from CoinDesk's bitcoin ATM map. As public interest in digital currencies grows, bitcoin ATMs have proven to be critical for bridging the gap between casual onlookers and active bitcoin owners. To identify the areas where bitcoin ATMs are particularly popular, we analyzed data from CoinDesk's bitcoin ATM map and calculated the countries in Europe with the most machines per capita. Of course, the term 'popular' is subjective by nature and there are countless ways to measure it, but....