27/06/19 12:00 UTC-4

More than 5 000 Bitcoin ATMs are now available worldwide

Cryptocurrency5000 Bitcoin ATMs are available worldwide
5000 Bitcoin ATMs are available worldwide

The development of cryptocurrency does not stand still and today Bitcoin is the most popular coin. This was the fact that currently there are more than 5,000 Bitcoin ATMs in the world, – Twitter Coin ATM Radar.


5000 Bitcoin ATMs

The world's first Bitcoin ATM was opened in Vancouver, Canada, at the end of 2013. Since that day, the total number of cryptocurrency ATMs worldwide has continued to increase.

Currently, more than 5,000 Bitcoin ATMs are available in the world, and their number increased from 501 ATMs in 2016 to more than 5,000 in 2019, which also indicates that the number of ATMs has doubled almost every year over the past 4 years.

Interesting in the section: Confrontation of bitcoin and Bitcoin cash

ATMs allow users to buy cryptocurrencies on the spot, paying with cash or a credit card and, on average, charge a transactionTransaction
– is a financial term that means a logically meaningful operation that can only be carried out completely. Details
fee of 8.9 percent, while many ATMs in the US charge a fixed fee of 2 to 4 dollars for withdrawals .

36% of these ATMs have the option of selling, which means that users will be able to withdraw cash from these ATMs.

The United States holds the absolute lead, owning 60.8% of all available machines. In second place is Canada, where 12.4% of cars are installed. Austria has 5.3% of the total number of ATMs.

In May 2019 alone, around 300 new ATMs with Bitcoins were opened worldwide. This is a positive sign that new support for digital currencies is growing and we expect this trend to continue as the cryptocurrency market continues to grow.

There are about 5,000 Bitcoin ATMs worldwide. Recall, as of the morning of June 26, the first cryptocurrency, Bitcoin, again showed another breakthrough of the course. The value of the asset increased by more than 11% and amounted to 12,541.47 US dollars.

See also: "Rising prices for Bitcoins led to higher prices for cryptocurrency stocks"

#bitcoin #Bitcoin ATMs #cryptocurrency

Editor: Alyona Nabok


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