The total number of Bitcoin-banking machines in the whole world has exceeded 10,000 devices.
According to the Norwegian fintech company AksjeBloggen, last year the number of Bitcoin ATMs (BTM) experienced an increase of 87% compared to 5 ЗЗ6 machines registered in September 2019.
In 2020, almost 3 900 new BTMs have appeared.
Procuring monitoring of CoinATMRadar shows that there are currently 10,014 BTMs in 71 countries, enabling users to trade Bitcoins (BTC) and altcoins for cash.
“In 2020, there was an increase in the number of devices supporting digital coins,” says the AksjeBloggen report. – “From January to September, additional 3885 new BTMs have appeared all over the world, which is 67% more than the previous nine months.”
At present, the United States is the undisputed leader on the world market with a significant share of 7 800 BTM.
The second place is in Canada with 869 devices. Depending on the type of machine, the owners of the cryptocurrency can purchase and exchange for fiat the main cryptocurrencies, including Ether (ETH), Bitcoin Cash (BCH), Zcash (ZEC), Litecoin (LTC), Dash (DASH), Monero (XMR), XRP, Tether (USDT) and Dogecoin (DOGE).
It is worth to note that not all countries mark an increase in the number of devices. CoinATMRadar data is showing that the Central European Austria is among the several countries, where, since 2019, the number of BTMs has decreased. At present, the country has 149 devices, while in September 2019 there were 244.
The negative dynamics can be linked to the normative environment, as is the case in neighboring Germany, where there are only 27 BTMs. There, the device owners must obtain a license from the financial regulator of the country. In addition, German subsidiaries bear responsibility for unlicensed BTMs on their territory, regardless of who owns the device itself.
