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    Over 10,000 Bitcoin ATMs Installed Globally In 2021 As Demand For Crypto Surges

    Over 10,000 Bitcoin ATMs Installed Globally In 2021 As Demand For Crypto Surges

    Bitcoin ATMs have emerged as a key element in the growth of cryptocurrencies as more investors aim to profit from the sector.

    In this line, the number of Bitcoin ATMs is on an upward trajectory. According to data acquired by Finbold, in the first three-quarters of 2021, a total of 13,242 Bitcoin ATMs had been installed globally. A significant number of the machines were installed in 2021 Q3 at 4,779, a growth of 7.8% from Q2’s 4,430 ATMs. The first quarter of 2021 recorded an installation of 4,033 new machines.

    July had the highest installations at 1,963 machines, while January had the least figure at 1,042.

    Elsewhere, North America dwarfs the rest of the world with 26,489 machines installed, representing a share of 93.5%. Europe ranks second with 1,268 ATMs or a share of 4.5%. South America is third, accounting for 1% of the global share of ATMs or 290 machines, followed by 234 ATMs or 0.8% share.

    The Oceania region has recorded installation of 20 mins or 0.1% while Africa has 20 machines.

    Crypto popularity driving Bitcoin ATM growth

    The report takes note of the drivers behind Bitcoin ATM growth in 2021. According to the research report:

    “The accelerated Bitcoin ATM installations for 2021 highlights the role of the machines amid the growing popularity and adoption of cryptocurrencies globally. Interestingly, the installation surged in the third quarter despite the general correction of Bitcoin. This is a possible indicator that providers and investors are bullish on the long-term prospects of the sector.”

    Although Bitcoin ATM installation is projected to continue growing, the sector might face the impact of the unclear regulatory landscape globally.

    Read the full story with statistics here.


    • Magnus
      May 24, 2022

      What we are seeing now and what is happening with cryptocurrency is just the beginning of a new financial industry and it is cool that we can be a part of it. The only thing I don’t like about crypto is the level of scams and that there are projects like It seems at first glance to be a trading robot that can help you make money, but in reality it’s just a scam project that wants to steal your money.

    • Jeremiah Snowden
      August 18, 2022

      Depending on the types of crypto ATMs there is a breakdown of how much ATM machines cost:
      ATM processing fees
      The cost to buy ATM machines
      The personnel costs for monitoring and maintaining your fleet
      Cash replenishment costs
      Other ATM and so on and so forth.
      These solutions by Atmeye will solve all the above mentioned issues In the blink of an eye.

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    Over 10,000 Bitcoin …

    by Jordan Major Time to read this article: 4 min