At least 3,000 Bitcoin ATMs are available worldwide

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By Moris Beracha
According to Coin ATM Radar, a company specialized for studying the Bitcoin ATM market, the number of automatic teller machines for purchasing and selling Bitcoin is growing by 10% on a monthly basis.



Only in 2018, the number of bitcoin ATMs rose from 2,000 to 3,000 units distributed around the world. The company estimates that by the end of this year the number of Bitcoin ATMs will reach 6,300 units.



Despite the negative price trend of Bitcoin at the beginning of the year, Bitcoin ATM industry is apparently following a different path. General Bytes and Genesis Coin are two companies that lead the market with respect to bitcoin ATM installation. So far this year, General Bytes stays on top with 76 new ATMs installed (10.4% increase), followed by Genesis Coin with 61 installations (6.7% increase).



The United States still tops the countries with the highest number of Bitcoin ATMs installed, followed by Canada. In Europe Austria is the third country with 157 ATMs, and then the United Kingdom, with 120 installations.


 See more at: MorisBeracha.com 

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