{"id":557,"date":"2024-06-30T05:43:36","date_gmt":"2024-06-30T05:43:36","guid":{"rendered":"https:\/\/woodcounty200.org\/?p=557"},"modified":"2025-04-25T01:51:41","modified_gmt":"2025-04-25T01:51:41","slug":"number-of-crypto-atms-installed-nears-its-all-time-record","status":"publish","type":"post","link":"https:\/\/woodcounty200.org\/index.php\/2024\/06\/30\/number-of-crypto-atms-installed-nears-its-all-time-record\/","title":{"rendered":"Number of crypto ATMs installed nears its all-time record"},"content":{"rendered":"

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\"Number<\/p>\n

The number of cryptocurrency ATMs installed worldwide has spiked 17.8% to 38,279 over the last 12 months — inching closer to its record of 39,541 set in December 2022.<\/p>\n

As of 2024, there have been 2,564 new cryptocurrency ATMs installed, indicating a positive trend compared to the net loss of 2,861 machines in 2023, according<\/a> to Coin ATM Radar.<\/p>\n

\"Number
Number of cryptocurrency ATMs worldwide. Source: Coin ATM Radar<\/em><\/figcaption><\/figure>\n

The tally increased every month between July 2023 and May 2024.<\/p>\n

Installations from May to June fell by 115, but June rebounded strongly with a net increase of 377.<\/p>\n

Bitcoin Depot, Coinflip and Athena Bitcoin are the leading cryptocurrency ATM operators,<\/a> with 7,543, 5,057 and 2,756 machines, respectively.<\/p>\n

\"Number
Tallies of the largest cryptocurrency ATM operators worldwide. Source: Coin ATM Radar<\/em><\/figcaption><\/figure>\n

Bitcoin (BTC<\/a>) is by far the most popular cryptocurrency transacted with, while Bitcoin Cash (BCH<\/a>), Ether (ETH<\/a>) and Litecoin (LTC<\/a>) also feature prominently<\/p>\n

More than 82% of the world’s cryptocurrency ATMs are in the United States, while Canada comes in second at 7.7%.<\/p>\n

Australia has seen a surge<\/a> in installations, increasing nearly 17-fold to 1,107 machines over the last two years.<\/p>\n

At the current installation rate, Australia is well-positioned to surpass Europe’s 1,584 ATMs.<\/p>\n

Other countries with significant cryptocurrency ATM installations include Spain (313), Poland (279), El Salvador (215), Poland (211), Germany (177) and Hong Kong (169).<\/p>\n

Romania, Georgia, Switzerland, Austria and New Zealand are the other countries with more than 100 ATMs.<\/p>\n

Among the 193 United Nations-recognized countries worldwide, 72 host a cryptocurrency ATM. <\/p>\n

Related: <\/em><\/strong>Corporate adoption is in ‘amateur league’ despite Bitcoin ETFs<\/em><\/strong><\/a><\/p>\n

Between December 2022 and July 2023, installations experienced a significant net decline<\/a>, reaching an 18-month low of 32,764.<\/p>\n

Coin ATM Radar’s data suggests cryptocurrency ATM manufacturer<\/a> BitAccess contributed to that fall, with its net installations falling 26%<\/a> from 9,160 in August 2022 to 6,774 in January 2024.<\/p>\n

However, it has managed to increase its net installations by 1,208 since then.<\/p>\n

Magazine: <\/em><\/strong>El Salvador’s national Bitcoin chief has been orange-pilling Argentina<\/em><\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The number of cryptocurrency ATMs installed worldwide has spiked 17.8% to 38,279 over the last 12 months — inching closer to its record of 39,541 set in December 2022. As of 2024, there have been 2,564 new cryptocurrency ATMs installed, indicating a positive trend compared […]<\/p>\n","protected":false},"author":1,"featured_media":559,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[6],"tags":[],"_links":{"self":[{"href":"https:\/\/woodcounty200.org\/index.php\/wp-json\/wp\/v2\/posts\/557"}],"collection":[{"href":"https:\/\/woodcounty200.org\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/woodcounty200.org\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/woodcounty200.org\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/woodcounty200.org\/index.php\/wp-json\/wp\/v2\/comments?post=557"}],"version-history":[{"count":3,"href":"https:\/\/woodcounty200.org\/index.php\/wp-json\/wp\/v2\/posts\/557\/revisions"}],"predecessor-version":[{"id":569,"href":"https:\/\/woodcounty200.org\/index.php\/wp-json\/wp\/v2\/posts\/557\/revisions\/569"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/woodcounty200.org\/index.php\/wp-json\/wp\/v2\/media\/559"}],"wp:attachment":[{"href":"https:\/\/woodcounty200.org\/index.php\/wp-json\/wp\/v2\/media?parent=557"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/woodcounty200.org\/index.php\/wp-json\/wp\/v2\/categories?post=557"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/woodcounty200.org\/index.php\/wp-json\/wp\/v2\/tags?post=557"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}