There are a total of 4167 Cryptocurrency ATM in global and especially 5 new ATM opening everyday

The number of automated teller machines (ATMs) installed worldwide has surpassed the 4,000 mark, data showed by the Coin ATM Radar industry statistics synthesis tool on January 10.

The current growth rate is 4.9 new ATMs installed every day, on a scale of Coin ATM Radar – belonging to the highest speed group, although the market continues to decline.

71.8% ATMs are installed in North America – 56% in the United States and 15% in Canada – 23% in Europe and 2.6% in Asia – 1.3 and 1.1 percent are in Oceania and South America, and only 0.2 percent are located in Africa.

According to data, the number of ATM installations in the United States has increased from 1,216 on January 1, 2018 to 2,485 today – 1,259 new ATMs in just over a year. California has the highest number of any state – with a total of 473 units – followed by Illinois with 250.

While the majority of pre-coding ATMs worldwide are 4167 supporting Bitcoin (BTC) – 99.9%, or 4,162 – 64.6% supporting one or more altcoin.


59.5% support Litecoin (LTC), 49.3% support for Ethereum (ETH) and 33.9% support for Bitcoin Cash (BCH). Dash (DASH) is supported by 17.9% ATM, while Monero (XMR), Dogecoin (DOGE) and ZCash (ZEC) are all supported 3% or less.

The apparent absence in global statistics of Coin ATM Radar is India. As reported in November last year, the country’s first Bitcoin ATM developers were arrested in Bangalore city with criminal charges due to their ATM labels, because the machine is not only used as an ATM but also intended to allow people to use pre-encode to break inter-bank channels. It’s illegal to do that.

Earlier this month, Bitcoin Magazine reported that Bitcoin ATM maker – Lamassu has moved to Switzerland, due to the difficulties about regulations in other countries. Lamassu revealed that his account opening applications were rejected by 15 banks because they produced terminals for Bitcoin, although the company did not participate in transactions or store cryptocurrency.

Source: TapchiBitcoin/Cointelegraph


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