Referring to the latest research data, the number of ATMs are continuously growing in spite of the crypto market collapse.
According to “Coin ATM Radar” reports various ATM manufacturers have launched Crypto ATMs at 209 different locations in November. And 68 of the pre-launched once are still out-of-service. There is a net growth of 141 ATMs and a total of 150 ATMs, and it is in parallel with the numbers of October.
The United States is still the dominant country which has got 70 installed and operating ATMs. There will be a total of 2,243 crypto ATMs at the end of 2018. Austria and Canada follow the United States with 17 and 16 ATMs respectively.
How To Use A Bitcoin or Crypto ATM
First Crypto ATMs were located at Albania, Peru, and South Korea last month
In addition to this information, Albania, Peru, and South Korea have installed their first Cryptocurrency ATMs in November. First 2 of them have got the ATMs from a Prag-headquartered ATM producer “General Bytes” South Korea has purchased an ATM from the national producer “DOBI ATM“.
General Bytes is the leader in ATM production with the widest ATM instalments (80 ATMs). US companies “Genesis Coin” (with 36 ATMs) and “Lamassu Bitcoin Ventures” (with 12 ATMs) follows it.
Last but not least, the number of Altcoins accepted by the Cryptocurrency ATMs has increased by 59% in November. Naturally, Bitcoin is the most widely accepted cryptocurrency as it is being welcomed by 4,042 ATMs worldwide.
