TOP 5 countries by number of Bitcoin ATMs

atm-bitcoin

The total number of bitcoin cash machines worldwide exceeded 4600 in Feb, averaging six daily installations (according Coin ATM Radar ).

The machines, which are made by a variety of different manufacturers, allow prospective cryptocurrency investors to buy their own digital currency on the spot by inserting cash to initiate a digital transaction that transfers the purchased bitcoin (or other cryptocurrency) via either a paper receipt or an online “wallet,” where digital currency can be safely stored. Also, some bitcoin ATMs support two-way transactions, which means you can even sell your bitcoin and have cash dispensed on the spot.

United States – 2603 bitcoin ATMs

There are 2603 bitcoin ATMs located across the United States, according to the latest statistics. At the beginning of 2017, there were just 1000 machines located around the world.

Part of the bitcoin ATMs operating in the US is imported from all over the world, for example from Prague. Czech company General Bytes has placed its machines in Las Vegas among other american cities.

Canada – 702 bitcoin ATMs

The world’s first Bitcoin ATM has opened in Vancouver, Canada – the machine allows users to exchange their credits of the digital currency for cash and vice-versa.

Austria – 271 bitcoin ATMs

Kurant is the most experienced provider of Bitcoin ATMs in Austria, they have shown stable growth for more than four years and provide in the meantime more than 50 Bitcoin ATMs in Austria

United Kingdom – 212 bitcoin ATMs

There are more 200 ATM machines across the United Kingdom, located at shopping centres, pubs and elsewhere.

Bitchains (Bitcoin ATMs provider) Plans Rural Expansion Before Heading to Major Cities Previously, most efforts to install new bitcoin ATMs have largely focused on big cities. In fact, many U.S. cities already have at least one unit. Maybe with the help of Bitchains, the U.K. will enjoy similar coverage soon.

Spain – 85 bitcoin ATMs

Currently you can find more than 80 specialized ATMs in cities such as Madrid, Valencia, Barcelona, ​​Alicante, including the Balearic Islands, which Ibiza and the recently added Menorca, will have authorized points where to make purchases of cryptocurrencies up to 250 EUR per purchase .

The Bitnovo company is the pioneer in implementing and expanding this network of ATMs throughout Spain, along with the ATM distributor Enjoypoint, which is responsible for extending this cryptocurrency network.

bitcoin atm

Bitcoins, like all cryptocurrency, are digital, with no physical presence. BCB ATM’s selling point is that it provides the physical conduit through which consumers can interact with their Bitcoins in their everyday lives and not only via online trading platforms.

bitcoin atm

 

Bitcoin ATMs by country*:

United States – 2603
Canada – 702
Austria – 271
United Kingdom – 212
Spain – 85
Czech Republic – 66
Russian Federation – 54
Australia – 54
Switzerland – 48
Slovakia – 40
Italy – 39
Hong Kong – 32
Colombia – 30
Romania – 30
Poland – 28
Netherlands – 25
Finland – 22
Greece – 21
Slovenia – 15
Hungary – 14
Georgia – 13
Belgium – 11
Panama – 11
Dominican Republic – 11
Mexico – 11
Ukraine – 10
Malaysia – 10
less then 10 ATMs: Singapore, Japan, Israel, Argentina, Taiwan, VietNam, Croatia, South Africa, Malta, Bulgaria, Portugal, Serbia, Chile, Thailand, Ecuador, Liechtenstein, Kosovo, Kazakhstan, Germany, Guam, Estonia, Costa Rica, Ireland, New Zealand, Norway, Denmark, Peru, Brazil, Saudi Arabia, Uganda, South Korea, Turkey, Albania, San Marino, France, Anguilla, Armenia, Aruba, Bahamas, Barbados, Bosnia and Herzegovina, Djibouti, Guatemala, Saint Kitts and Nevis, Iceland, Indonesia, Andorra, Kenya, Latvia, Mongolia, Philippines, Zimbabwe.

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