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Crypto ATM Installations Have Increased Over 70% This Year
The growth compares with a jump of almost 120% for all 2020, according to data from Coin ATM Radar.
Updated May 9, 2023, 3:22 a.m. Published Jul 26, 2021, 12:04 p.m.
The number of crypto ATMs installed globally has increased by more than 70% to 24,030 this year.
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- The growth compares with a jump of almost 120% for all 2020, according to data from Coin ATM Radar.
- The 10,037 machines installed so far in 2021 already exceed the 7,620 added in 2020, with five months of the year still remaining.
- Crypto ATMs are to be found in 75 different countries, according to Coin ATM Radar, over 21,000 of them in the U.S.
- The ATMs are operated by more than 600 different companies, of which Bitcoin Depot is the leader with a market share of 15.8%. Bitcoin Depot last week announced a partnership with convenience store chain Circle K, through which it plans to install over 6,000 kiosks across North America by the end of 2021.
Read more: Over 100 New Bitcoin ATMs Going Live Across 24 US States
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VanEck's new Avalanche ETF filing to include staking rewards for AVAX investors
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- VanEck has updated its filing for an Avalanche ETF, VAVX, to include staking rewards, aiming to generate income for investors by staking up to 70% of its AVAX holdings.
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