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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.

The number of crypto ATMs installed globally has increased by more than 70% to 24,030 this year.

  • 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.

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CoinDesk Analysis Team

CoinDesk is the media platform for the next generation of investors exploring how cryptocurrencies and digital assets are contributing to the evolution of the global financial system.

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