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Global Crypto ATM Installations Rebound Following Brief Dip in 2023

Since the opening of the first Bitcoin ATM in Vancouver, Canada in 2013, there has been a significant increase in the number of Bitcoin and crypto ATMs globally, with the United States being a major market. The rise can be attributed to the growing acceptance of digital currencies, user-friendly interfaces, and a greater interest in decentralized finance solutions. Crypto ATMs offer users a simple and convenient way to buy and trade digital assets using cash or credit/debit cards.

As of July 2023, there are currently 36,205 crypto ATMs deployed worldwide, with the majority located in the United States. The leading crypto ATM operators are Bitcoin Depot, Coincloud, Coinflip, Bitstop, Rockitcoin, Coinhub, Athena Bitcoin, Bytefederal, Local coin, and Cash2bitcoin.

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