Crypto Adoption Increases: Global Bitcoin And Crypto ATMs Hit 6,000
The mainstream adoption of digital assets has been one of the main goals that the crypto industry had for this year.
The truth is that there have been a lot of moves made towards the achievement of this goal, and they have been mostly successful.
More than 6,000 Bitcoin and crypto ATMs in the world
According to the latest reports coming from the Daily Hodl, there are more than 6,000 ATMs all over the globe that process BTC and other digital assets.
Coin ATM Radar tracks the machines, according to the online publication mentioned above, and these have grown a lot.
Back in 2018, there were only 4,000 ATMs, and back in November 2017, there were only 1,800.
The United States reportedly has the highest number of crypto ATMs – a total of 3,834 total machines.
This is nearly six times the second-highest country, Canada – 642 machines, according to the latest reports coming from the online publication mentioned above.
Coin ATM Radar said the following:
“The United States continues to top the countries list with 239 new machines (6.6% increase) in October. The United Kingdom was second with ten new installations (4% increase) followed by Greece with seven new machines (13.5% increase).”
They continued and stated that “We are happy to notice that Venezuela installed the first machine on its territory in October.”
The Daily Hodl reported that of the 6,003 total machines all over the world, “5,999 of them support Bitcoin, 4,101 support Litecoin, 3,565 support Ether, 2,053 Bitcoin Cash, and 1,304 support Dash.”
It’s also worth noting that some of them also support Monero, Zcash, and Dogecoin.
Head over to the original article in order to learn more details.
The crypto market today
At the moment of writing this article, the crypto market seems pretty bloody, with most coins trading in the red.
Anyway, despite the high market volatility, the optimistic price-related predictions surrounding BTC keep pouring.
CoinMarketCap is a website that provides cryptocurrency market cap rankings, charts, and more. It was purchased by Binance for $400M in 2020.
Eduard Watson Author
An experienced finance writer for more than 10 years, active industry watcher, and gadget enthusiast.