Cryptocurrencies

Bitcoin ATMs are increasing in the world and Spain is in fifth place

The total number of Bitcoin ATMs worldwide has now surpassed the 8.000 mark, as more and more machines are installed. They are now available in a total of 73 countries, where Spain occupies 5th place. According to data from the popular Bitcoin and cryptocurrency ATM mapping site CoinATMRadar.

According to the Bitcoin ATM monitoring service, most machines allow users to buy and sell various cryptocurrencies for cash, although there are some that only work with the flagship cryptocurrency. In some cases, users can only buy BTC using the ATM, not sell. While different ATMs support different cryptocurrencies. Most machines only support BTC or major altcoins. Such as Bitcoin Cash (BCH), Ether (ETH), Litecoin (LTC), Monero (XMR,) XRP, Dogecoin (DOGE) and Tether the stablecoin (USDT).

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Where you least think there could be a Bitcoin ATM near you

Notably, of a total of 8.210 Bitcoin ATMs installed worldwide, 6.243 are located in the United States. The second most popular locations for these machines in Canada, with 788 (9,5%) installed in their cities.

Behind Canada, only the United Kingdom and Austria have more than 100 ATMs installed, with 273 and 155 respectively. And in the Iberian region, Spain in fifth place with 82 in its entirety. Some countries, such as Zimbabwe, Norway, New Zealand, Mongolia, Malta, India or Venezuela, only have one BTC ATM.

bitcoin-atm-barcelona-automatic-BTC-ATM
Bitcoin ATM in Barcelona, ​​Spain.

The number of Bitcoin ATMs around the world has increased steadily, as there were 2018 machines in May 3.000. By November 2019, the number of crypto ATMs was over 6.000. The 7.000 mark was surpassed in March of this year. Which means that in only a few months were installed more than 1.000 Bitcoin ATMs.

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Jose A Hernandez Marquez

Industrial engineer, technology enthusiast. In my free time, I play Ultimate Frisbee, read a lot about Bitcoin, the Crypto-space... and from time to time I get lost in nature.

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