The number of cryptocurrency ATMs installed worldwide has surpassed 6,609. The U.S. leads other countries with over 4,000 crypto ATMs, followed by Canada and the U.K. Several producers offer a range of machines for anyone wanting to get started in this line of business. Buy Bitcoin Near Me
The number of cryptocurrency automated teller machines (ATMs) installed worldwide has grown substantially over the years. According to cryptocurrency ATM tracking website Coinatmradar, there are currently 6,609 crypto ATMs located in 73 countries. See also: New project to create a consortium of Bitcoin ATM operators.
Places With the Most Crypto ATMs – Buy Bitcoin Near Me
The countries with the most crypto ATMs are the U.S. with 4,120 locations, Canada with 733 locations, the U.K. with 295 locations, and Austria with 193 locations, according to Coinatmradar. In the U.S., 438 machines are found in Los Angeles, 273 in Chicago, 233 in Atlanta, and 212 in Miami. In Canada, 227 crypto ATMs are found in Toronto, 102 in Montreal, and 85 in Vancouver. Coinatmradar also offers the ability for users to search for crypto ATMs supporting particular coins: BTC, BCH, ETH, DASH, LTC, ZEC, XMR, and DOGE. Users can also restrict searches to one-way or two-way ATMs, with the latter allowing them to both sell and buy cryptocurrency. According to the site, 65% of all ATMs are buy-only whereas 34.9% are two-way. Which are the top 5 countries with more bitcoin ATM?
A Bitcoin ATM (Automated Teller Machine) can be referred to as a kiosk which gives any individual the access to buy bitcoin with the use of cash or debit card. Several BTC ATMs are designed to possess bi-directional functionality, this feature allows the purchase of Bitcoin crypto coin is available in ATM machines, as well as the sale of Bitcoin in exchange of cash. In certain scenarios, the developers of the BTC ATM built the machines in a way that before clients are able to purchase or sell Bitcoin on the ATM, they will be required to have an existing account to transact on the machine. BTC ATM can also be said to be a machine that helps keep your crypto coin secured, facilitates an effective transfer in and out of your account any time of your choosing. It is also reliable in keeping track of your transactions and be updated on the current value of Bitcoin.
Bitcoin Machine is categorized into two main types which are the ATM and Cash Kiosk. For effective functionality, these two types of Bitcoin machines are connected to the internet. For the Cash Kiosk, cash is used by customers who intend to purchase bitcoin, while the debit card is what is used on the Bitcoin ATM.
Where Can I Find a Bitcoin ATM?
Here’s a complete list of Bitcoin ATMs around the world, courtesy of CoinATMRadar. Just find your location and see where is the nearest Bitcoin ATM to you. The map also allows you to search for Altcoin ATMs if you want to buy/sell other cryptos. Each ATM takes a certain commission from the trade which varies from one device to another, so make sure you’re aware of the fees which are usually stated on the machine
Coinatmradar’s map showing where crypto ATMs are.