According to Coin ATM Radar, this year has seen the installation of over 10,000 new crypto ATMs worldwide.
Along with cryptocurrency’s decade-long acceptance drive, the installation of crypto ATMs continues to gain traction around the world.
According to Coin ATM Radar’s most recent data, crypto ATM installations in 2021 increased by 71.73 percent, rising from 13,993 on January 1 to 24,030 at the time of publishing.
After 7,620 new ATMs were built last year, the total number of ATMs in the world increased by 119.56 percent to 13,993. So far, 10,037 ATMs have been installed in 2021.
To put things in perspective, according to data, crypto ATMs are being deployed at a rate of around 52.3 every day.
Based on statistics collected in the last seven days, the United States presently leads this category, having built roughly 48 ATMs every day.
Crypto ATMs are available in 75 countries and are powered by 42 different companies. According to Coin ATM Radar’s data on the manufacturers, Genesis Coin has a 40.9 percent market share, while General Bytes has roughly a 24 percent market share.
Other businesses, such as BitAccess, Coinsource, and Bitstop, compete for the remaining 35% of the market.
Bitcoin Depot, one of the leading Bitcoin (BTC) ATM network owners, recently announced a cooperation with Circle K to build cryptocurrency ATMs across the United States and Canada.
Since then, more than 700 Bitcoin ATMs have been installed as a result of the agreement.
Bitcoin Depot has over 3,500 crypto ATMs around the United States and Canada, allowing consumers to buy over 30 different cryptocurrencies, including Bitcoin, Ether (ETH), and Litecoin (LTC).
