The worldwide network of cryptocurrency ATMs has expanded to over 7,000 machines across 75 countries, marking significant growth since surpassing the 6,000-machine milestone last autumn.
Current Cryptocurrency ATM Landscape
- 7014 active machines tracked by CoinATMRadar
Supports multiple digital assets:
- Bitcoin (BTC)
- Bitcoin Cash (BCH)
- Ethereum (ETH)
- Dash (DASH)
- Litecoin (LTC)
Evolution of Cryptocurrency ATMs
The first Bitcoin ATM debuted in 2013 when Robocoin installed a machine in a Vancouver coffee shop, processing $10,000 in BTC transactions on its launch day. Today:
- 42 manufacturers produce crypto ATMs
- Genesis Coin leads with 2,348 installations
- Robocoin maintains only 2 active machines
👉 Discover how crypto ATMs boost financial inclusion
Market Growth Trends
- 11.7 new ATMs added daily (7-day average)
Key installations in 2019-2020:
- Bitstop partnered with Simon Malls (USA) to deploy 5 machines
- Miami International Airport installed its first Bitcoin ATM
Why This Matters
The rapid expansion from 6,000 to 7,000 machines within months demonstrates:
- Rising demand for cryptocurrency accessibility
- Mainstream adoption of digital assets
- Infrastructure maturity supporting financial innovation
FAQ: Cryptocurrency ATMs
Q: How do crypto ATMs work?
A: They allow users to buy/sell cryptocurrencies for cash using QR codes and wallet addresses, with transactions settling on-blockchain.
Q: What fees do these machines charge?
A: Fees typically range 5-10%, varying by operator and location.
Q: Which countries have the most crypto ATMs?
A: The US dominates with ~80% of installations, followed by Canada and the UK.
👉 Explore crypto ATM locations near you
Data sources: CoinATMRadar, industry reports