According to data from Coin ATM Radar in April, there is an approximately 70% increase in new ATMs. They also state that in 2020 alone, some 1,200 new ATMs were added. Overall, 2000 ATMs have been installed since 2014 to 2018, which means that 2020 has seen a sharp increase.
Within countries, the United States is clearly leader with 5422 ATMs, and have dominance with more than 70% of the world’s BTC ATMs.
Other countries include Canada with 721 (9.5%), U.K with 279 (3.7%) or Austria with 137 (1.8%).
Within the continents, North America is the sovereign, the second place belongs to Europe with 16%, and the third place is occupied by South America which is nearly second place and it is missing 0.8%. Such Asia accounts for only 1.7% across continents, but Hong Kong, with 56 ATMs, accounts for more than a third of the region’s market.
The biggest players in Bitcoin ATMs business are CoinCloud, which currently has 653 ATMs, followed by Bitcoin Depot, which records just over 500 ATMs.
