The growth compares with a jump of almost 120% for all 2020, according to data from Coin ATM Radar.
The number of crypto ATMs installed globally has increased by more than 70% to 24,030 this year.
- The growth compares with a jump of almost 120% for all 2020, according to data from Coin ATM Radar.
- The 10,037 machines installed so far in 2021 already exceed the 7,620 added in 2020, with five months of the year still remaining.
- Crypto ATMs are to be found in 75 different countries, according to Coin ATM Radar, over 21,000 of them in the U.S.
- The ATMs are operated by more than 600 different companies, of which Bitcoin Depot is the leader with a market share of 15.8%. Bitcoin Depot last week announced a partnership with convenience store chain Circle K, through which it plans to install over 6,000 kiosks across North America by the end of 2021.
All writers’ opinions are their own and do not constitute financial advice in any way whatsoever. Nothing published by CoinDesk constitutes an investment recommendation, nor should any data or Content published by CoinDesk be relied upon for any investment activities. CoinDesk strongly recommends that you perform your own independent research and/or speak with a qualified investment professional before making any financial decisions.
Recommended Content
Editors’ Picks
Ripple update: XRP shows resilience in recent crypto market sell-off
Ripple's XRP is up 6% on Tuesday following a series of on-chain metrics, which reveals investors in the remittance-based token held onto their assets despite the wider crypto market sell-off last week.
Floki DAO floats liquidity provisioning for a Floki ETP in Europe
Floki DAO — the organization that manages the memecoin Floki — has proposed allocating a portion of its treasury to an asset manager in a bid to launch an exchange-traded product (ETP) in Europe, allowing institutional investors to gain exposure to the memecoin.
Six Bitcoin mutual funds to debut in Israel next week: Report
Six mutual funds tracking the price of bitcoin (BTC) will debut in Israel next week after the Israel Securities Authority (ISA) granted permission for the products, Calcalist reported on Wednesday.
Crypto Today: BTC hits new Trump-era low as Chainlink, HBAR and AAVE lead market recovery
The global cryptocurrency market cap shrank by $500 billion after the Federal Reserve's hawkish statements on December 17. Amid the market crash, Bitcoin price declined 7.2% last week, recording its first weekly timeframe loss since Donald Trump’s re-election.
Bitcoin: 2025 outlook brightens on expectations of US pro-crypto policy
Bitcoin price has surged more than 140% in 2024, reaching the $100K milestone in early December. The rally was driven by the launch of Bitcoin Spot ETFs in January and the reduced supply following the fourth halving event in April.
Best Forex Brokers with Low Spreads
VERIFIED Low spreads are crucial for reducing trading costs. Explore top Forex brokers offering competitive spreads and high leverage. Compare options for EUR/USD, GBP/USD, USD/JPY, and Gold.