Number of Bitcoin ATMs Worldwide Surges Above 16,000

The number of Bitcoin ATMs worldwide has exceeded 16,000. The US, Canada and Europe account for the lion’s share of all crypto ATMs globally.

March 10, 2021 | AtoZ Markets – The number of Bitcoin ATMs installed worldwide since March 1, 2020 is approaching 10,000. According to Coin ATM Radar data, there are currently 16,835 Bitcoin ATMs around the world. This number increased by 57.5%, up 9,683 compared to last year, when there were only 7,152 ATMs.

Most of these ATMs are located in the USA. Of the 16,835 Bitcoin ATMs, 13,699, or 81%, were installed in the United States.

The number of ATMs in the USA has increased much more compared to the world. The number of Bitcoin ATMs, which was 4,945 on March 1, 2020, increased by 177% to 13,699 as of March 10, 2021. Canada ranks second in the list of countries with the most Bitcoin ATMs. Canada hosts about 7.5 percent of ATMs worldwide, 1,268 Bitcoin ATMs.

On the other hand, the number of Bitcoin ATMs in Austria, which reached the highest number of 266 in May 2019, decreased to 153 as of this week, dropping 42.5%.

Read also: BaFin Requires Licensing for Crypto ATMs in Germany

In the UK, the highest number of Bitcoin ATMs was seen with 283 in February 2020. This number has declined by about 30% today to 199. While the total number of Bitcoin ATMs across Europe was 1,233 in March 2020, this number has increased to 1,273 today.

Read also: Ways to withdraw cryptocurrency: The crypto ATMs

According to the data from Coin ATM Radar,  an average of 34.6 new Bitcoin ATMs are installed every day. 77.6% of these ATMs only support purchases.

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