fbpx
Skip to content Skip to sidebar Skip to footer

Cryptocurrency ATM Installations Rise Over 70% This Year

Cryptocurrency is becoming more accessible than ever as recent data shows that the number of crypto ATMs installed globally grew by over 70% to 24,006 this year.

According to Coin ATM Radar, the number skyrocketed by nearly 120% for all 2020.

This year’s growth is expected to exceed the preceding year since there are already 10,037 machines installed in 2021 alone, as opposed to 7,620 machines added from the beginning of 2020 to July 2020.

The crypto ATMs are located in 75 different countries, with more than 20,000 of them in the US while Canada has more than 1,600.

Over 600 companies serve as the operators of the ATMs. The leading operator, Bitcoin Depot, holds a market share of 15.8%.

Bitcoin Depot announced last week that it has partnered up with convenience store chain Circle K to install more than 6,000 kiosks across North America by end-2021. By taking advantage of Circle K’s diverse customer base, Bitcoin Depot will be able to reach more users from all walks of life.

Leave a comment

About SuperCryptoNews

SuperCryptoNews is a global leading blockchain & crypto news provider, covering daily news focused on trading and investment developments in bitcoin and crypto. We bring you expansive crypto news coverage around the world. We offer many thought leadership opinions from blockchain experts and leaders of the industry.

Subscribe to SCN

© Copyright of Novum Global Consultancy Pte Ltd {2020, 2021}. All rights reserved.

111 North Bridge Road, 21-01, Peninsula Plaza, Singapore 179098.

Phone: +65-80282938

Contact Us   |   T&Cs   |   Privacy Policy   |   About Us

About SuperCryptoNews

SuperCryptoNews is a global leading blockchain and crypto news provider, covering daily news on the latest tech and trading developments in crypto. We bring you expansive crypto news coverage especially in Asia, with a focus on Singapore, Thailand and Southeast Asia.

Follow Us On

© Copyright of Novum Global Consultancy Pte Ltd {2020, 2021}. All rights reserved.

Contact Us   |   T&Cs   |   Privacy Policy   |   About Us