Crypto Adoption In 2018: Six New Crypto ATM Machines Have Been Installed On A Daily Basis This Year, The Latest Data Shows
2018 has been a bearish overall year for the crypto space because the number of crypto ATMs in the world has doubled this year and it’s now over 4,000.
Crypto prices might be up and down quickly, but regardless, wider adoption gets closer and closer.
The latest data shows a massive upward trend in installing ATMs
These figures come from data published by the crypto analytics firm Data Light, and they’re showing a massive upward trend in the installation of crypto ATM machines in 2018.
CCN reported that one of the most impressive figures that came from Data Light statistics is that six crypto ATMs have been installed on a daily basis in 2018.
This increase in the number of ATMs basically represents one of the most critical factors that support crypto integration and adoption that allows the availability of crypto for the masses.
“Out of the 4,051 cryptocurrency ATM machines now in the world, nearly all of them offer Bitcoin, while Litecoin is available at 2,421 and Ethereum is available at almost half the machines. Dash is also available across 729 machines, which is very impressive,” CCN reports.
The most ATMs were installed at the beginning of 2018
According to the latest data, the vast majority of the ATMs have been installed in the first few months of the year when Bitcoin prices were still high.
This is how the world adopts a new kind of ATMs – the ones that sell crypto. pic.twitter.com/qD1tIFNYsp
— DataLight (@DataLightMe) December 19, 2018
Another source to check out stats regarding ATM stats is the Coin ATM Radar website.
The crypto ATM map there lists 4,085 crypto ATMs across the world in 76 countries.
According to this map, there are 1,258 Bitcoin ATM machines in the US and more than 1,000 that support Bitcoin Cash.
In the UK there are over 200 machines while Central Europe comes in at 750. You can see more data on their website.
Anyway, as a conclusion, the increase in crypto ATMs this year only comes to prove that more people than ever are beginning to look at crypto similarly they’re looking at fiat money which is a massive achievement.
Andreas Townsend Author
I am a technical writer, author and blogger since 2005. An industry watcher that stays on top of the latest features, extremely passionate about finance news and everything related to crypto.