Global Surge in Cryptocurrency ATM Installations

Rachana Saha

Crypto News: Cryptocurrency ATM installations globally rose by 17.8% to 38,279 in the past year, nearing the record set in December 2022.

2024 saw a reversal with 2,564 new installations following a decline in 2023, marked by monthly fluctuations.

Bitcoin Depot, Coinflip, and Athena Bitcoin lead in operations; the U.S. hosts over 82% of ATMs, followed by Canada.

Bitcoin remains the most transacted cryptocurrency, with Bitcoin Cash, Ether, and Litecoin also popular.

Australia's ATM count surged, challenging Europe, while Spain, Poland, El Salvador, Germany, and Hong Kong also have notable installations.

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