Steady Rise Of Bitcoin ATMs

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Bitcoin has now become a decade-old cryptocurrency, since its inception on 3rd January 2009. But the wave of its popularity is still prevalent among the crypto lovers, globally. It continues to maintain the status of being an asset for investment, and the best substitute to fiat currencies. But today, our main subject is not centred around this cryptocurrency, but its ATM. Being a crypto enthusiast, if you follow Bitcoin educational news, then you will know about the steady rise of Bitcoin ATMs reaching their target of around 9000 ATMs worldwide. 

Yes, you read that right, the Bitcoin ATMs are on the verge of growing in numbers. For your information, you will be surprised to know that currently, there are around 9000 Bitcoin ATMs that have been placed, globally. If you want to know which country has the largest number of Bitcoin ATMs, then it is the U.S. The other two countries following this row are the UK and Canada.

Bitcoin ATMs: Reaching To Maximum Limit

According to a very renowned cryptocurrency ATM tracking website, there are around 8,947 crypto ATMs, for buying and selling of cryptocurrencies across several countries. Back in July, the number soared from 8,490 to 8,919. This month, about 544 new Bitcoin ATMs have come up. However, more than 100 machines have also been closed down. 

As stated above, the U.S takes the lead in having the maximum number of Bitcoin ATMs with 6,879 machines in the country. Most of these machines are installed in Dallas, Los Angeles, Miami, Atlanta, Houston, and Chicago. Next comes Canada with 816 Bitcoin ATMs, located in Vancouver, Toronto, and Montreal. Apart from these two big nations, there are other countries like Switzerland, the U.KPoland, Spain, Austria, Poland, Germany, Italy, and the Czech Republic that also have more than 50 Bitcoin ATMs.

Companies That Manufactured Most Bitcoin ATMs

So, now you very well know about the Bitcoin ATMs installed in the big countries. But do you have any idea about the manufacturing companies behind it? If not, then you must know it. Genesis Coin has manufactured maximum machines (around 3rti,101). General Bytes is the second-largest name in the manufacturing companies, with 2,661 machines. During the last month, 56 Bitcoin ATMs were also added by Coinsource. Besides these manufacturing machine companies, there are other names like Rockitcoin comprising 436 machines, and Bitcoin Depot with 791 machines.

Conclusion

So now you are smart enough to analyze or measure the success of Bitcoin in terms of cryptocurrency as well as Bitcoin ATMs. These machines are manufactured by companies like Rockitcoin, General Bytes, Genesis Coin, Coinsource, Bitcoin Depot, and many others. The U.S is that country which has taken the lead in having the maximum number of Bitcoin ATMs followed by other big countries like Canada, Switzerland, Austria, Poland, Germany, and many more. At present, there are over 9000 Bitcoin ATMs, worldwide. If you are interested in gathering more such interesting information about Bitcoin and other digital currencies, then you need to start following cryptocurrency regulation news to access all the updates.

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