There Are Now More Than 5,000 Bitcoin ATMs Globally

Jun 25,2019 at 09:22 pm


The monitoring resource Coin ATM Radar  has confirmed on June 24 that the total number of bitcoin ATMs (BTMs) worldwide reached 5,000.


According to the latest statistics, for the first time there are now 5,006 standalone BTMs in around 90 countries, where cryptocurrency users can buy or sell bitcoin (BTC). Some machines render both services at the same time.


June has seen a total of 150 installations, around 6 per day. General Bytes recently overtook Genesis Coin as the manufacturer with the largest number of BTMs installed.


The U.S. currently has more than half of the world’s BTMs at 3,229, with a new pilot scheme this month bringing the machines to Circle K convenience stores in Arizona and Nevada.


Marc Grens, president and co-founder of cryptocurrency provider DigitalMint said in a press release issued June 20. 

“We are thrilled to be partnering with a respected organization like Circle K,” 


He continued, “This partnership opens the door for massive expansion of Bitcoin access to new markets around the globe.”


Increasing competition in the BTM market is likely to reduce the fees charged to users, which tend to be noticeably higher than online alternatives.

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