Bitcoin Big Event: The Number of ATMs Soars!

By Mlixy The global expansion of cryptocurrency continues slowly but surely as Bitcoin ATMs are installed around the world. The number of cryptocurrency ATMs installed globally has surged 17.8% in the past 12 months to 38,279, approaching the previous record of 39,541 set in December 2022. More and more of these revolutionary machines are emerging, making it easier than ever to become the king of cryptocurrencies. Below is an overview of current trends and future prospects.

The number of Bitcoin ATM installations has surged

It can be said that Bitcoin ATMs contribute to the expansion of blockchain technology and by facilitating the purchase of Bitcoin, especially during bull market times, these ATMs help education and familiarizing a new generation with the benefits of cryptocurrency.

According to Coin ATM Radar, Bitcoin ATM installations have seen significant growth in recent months. 2,564 new machines deployed in 2024.

The impressive figure of 38,279 active ATMs is close to the all-time record of 39,541 ATMs set in December 2022.

The leaders of this revolution, such as Bitcoin Depot, Coin flip, Coin Cloud and Athena Bitcoin, dominate the market with 7,543, 5,057 and 2,756 machines respectively.

The following numbers can illustrate this dynamic:
1. 82% of ATMs are located in the United States.
2. Followed by Canada with a ratio of 7.7%.
3. In booming Australia, the number of machines has reached 1,107, an increase of 17 times in two years.
4. Europe has 1,584 ATMs but may soon be overtaken by Australia.
These Bitcoin ATMs offer a safe and fast alternative to traditional methods of purchasing cryptocurrencies. Gone are the complicated procedures and endless verifications. With a Bitcoin ATM, users can do everything with just a few clicks.
It can also be said that the ease of use and accessibility of these machines is the key to their increasing success.

Bitcoin: The Leading Cryptocurrency in Monetary Transformation
The Leading Cryptocurrency Bitcoin remains the cryptocurrency with the most transactions through these ATMs.
Other cryptocurrencies such as Bitcoin Cash, Ethereum, and Litecoin follow, but they are far less popular than Bitcoin.
This trend is seen across the globe, from Spain (313 machines) to Poland (279), but also smaller but active countries like El Salvador (215) and Hong Kong (169).
In addition, the global impact of Bitcoin is also obvious:
1. Among the 193 countries recognized by the United Nations, 72 countries have at least one cryptocurrency ATM.
2. Monthly net growth since July 2023 indicates growing and sustained adoption.
3. Each newly installed Bitcoin ATM will strengthen the presence of Bitcoin in our daily lives, making it more and more familiar and accepted by the public.
The rapid growth in the number of Bitcoin ATM installations worldwide heralds unprecedented accessibility to the cryptocurrency soon.

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