The total number of Bitcoin ATMs has now surpassed 10,000 worldwide. 2020 is also the year when the number of Bitcoin ATMs increased the most.
According to Norwegian financial services company AksjeBloggen, the number of Bitcoin ATMs has increased by 87% over the past year (from 5,336 machines recorded in September 2019).
More specifically, as of now, there are 10,014 Bitcoin ATMs in 71 countries that allow users to buy and sell Bitcoin and altcoins for cash, according to data compiled from CoinATMRadar.
The AksjeBloggen report states that 2020 is the year when the number of Bitcoin ATMs increased the most.
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"From September to September of 2020, there were 3,885 Bitcoin ATMs available worldwide, which corresponds to a 67% increase in 9 months."
In which, the US is the country that owns the most Bitcoin ATMs with 7,800 machines. Canada is second with 869 machines.
However, there are a few countries where the number of Bitcoin ATMs has decreased sharply compared to 2019. As Austria (Austria) has 149 Bitcoin ATMs, a decrease of 95 compared to 2019 is 244 machines.
The drop may be related to crypto regulation in that country, for example Germany has only 27 Bitcoin ATMs, as regulation in this country is quite difficult for cryptocurrencies.
Currently, Bitcoin ATMs all support the most popular coins such as Bitcoin Cash, Ethereum, Dash, Litecoin, Zcash, Monero, Dogecoin, USDT and XRP.
By Tran Cong
The number of Bitcoin ATMs increased by 67% in the first 9 months of 2020
