April 29, 2024

Over 7,000 cryptocurrency ATMs have already been installed worldwide.

Over 7,000 cryptocurrency ATMs have already been installed worldwide.

According to the Coin ATM Radar information site, there are currently 7,014 crypto machines operating in 75 countries.

This number includes machines from 42 differentmanufacturers that support bitcoin, ether, bitcoin cache, lightcoin, dash, monero, zikash and dogikoin. On average, 11.7 new cryptocurrency ATMs are currently installed in the world per day, and 554 operators are responsible for their activities. However, most of them are located in the United States and the European Union.

This market is growing rapidly, as the number of machines has crossed the threshold of 6 thousand unitsonly in November 2019, that is, in about four months, the increase amounted to more than 15%.

Over 7,000 cryptocurrency ATMs have already been installed worldwide.

The first crypto machine in history was installed in 13 in the Vancouver coffee house. On the same day, with his help, transactions were conducted in the amount of about $ 10 thousand.

In addition to digital currencies, modern ATMs use artificial intelligence, biometric data and other advanced technologies, which you can learn more about here. 

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