According to global statistics provided by Coinatmradar.com, there are now close to 4,000 cryptocurrency automated teller machines (ATMs). Moreover, there’s been a huge influx of bitcoin cash ATMs over the past year as there are now 1,200 BCH dispensing devices located around the world.
The Rise of Digital Asset ATMs
There are various ways people can purchase bitcoin cash and a slew of other cryptocurrencies around the world and one of them is through the use of ATMs. Digital asset dispensing ATMs have been popular since they were first introduced and, over the past two years, their worldwide growth has been exponential.
In November, data from Coinatmradar.com shows the metric will likely reach 4,000 ATMs very soon as the current number of ATMs is 3,993 machines worldwide. Additionally, there are 141,000 ATM-like services that sell cryptocurrencies through mobile payment terminals, vouchers, and even traditional bank ATMs. 1,200 machines out of the world’s 4,000 units allow users to purchase and sell the decentralized currency bitcoin cash.
Map of bitcoin cash ATMs worldwide.
The analytical website also details some interesting data concerning cryptocurrency ATM growth worldwide such as the fact that there are 6.7 crypto ATMs installed a day. This metric is based on the speed of installations over the last seven days and gauged by the calculations of the last two months. Over 71% of the world’s cryptocurrency ATMs reside in North America, while the second largest number of machines (23.5%) are located in Europe. This is followed by Asia (2.5%), Oceania (1.3%),