Sirlibz
Last March we had about 7,000 Bitcoin ATM world wide, just months after that we now have have over 8,000 Bitcoin ATM globally. According to Coinatmrader, there exists 8,208 Cryptocurrency ATM in over 73 countries which allows users to purchase or sell Bitcoin or other cryptocurrency for cash.
Users can purchase or withdraw Bitcoin, Bitcoin Cash (BCH), Ethereum (ETH), Dash, Zcash (ZEC), Dogecoin (DOGE), Litecoin (LTC), Monero (XMR), USDT AND XRP from some of the ATM depending on which you use.
The United States alone has over 6,000 cryptocurrency ATM and is still rapidly growing. The ATM has grown to about 17% in the United States since the month of March as reported by Cointelegraph.
The United States is not the only country cryptocurrencies ATM’s are located, they are also located in Venezuela, Spain, Austria, Switzerland, and the UK. You can see them all here.
Growing Demand for Crypto
It’s only natural to want to increase something that has great demand in the business world or Crypto world. Since the Crypto ATM’s are increasing, it only points to the fact that there are a lot of individuals who are making use of it and would prefer to use the ATM to get Bitcoin or Altcoins.
This also serves as an effective way to gain mass adoption since a lot of people in the financial system use the ATM to withdraw and probably deposit fiat, so they know how to go around an ATM then an online banking application. The cryptocurrency ATM’s will help serve those purposes.
