Number of crypto ATMs installed nears its all-time record

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The number of cryptocurrency ATMs installed has increased to 38,279, and is now within 1,300 of surpassing the all-time record set in December, 2022.

The net 2,564 cryptocurrency ATMs installed so far in 2024 is on track to outpace the net 2,861 machines that were unplugged in 2023.

The number of cryptocurrency ATMs installed worldwide has spiked 17.8% to 38,279 over the last 12 months — inching closer to its record of 39,541 set back in December, 2022. It includes a net 2,564 cryptocurrency ATMs added so far in 2024, which is on track to outpace the net negative 2,861 machines that were unplugged in 2023,The tally increased every single month between July, 2023 and May, 2024.cryptocurrency ATM operators,More than 82% of the world’s cryptocurrency ATMs are in the United States, while Canada comes in second at 7.7%.At the current installation rate, Australia is well-positioned to surpass Europe’s 1,584 ATMs.

Other countries with significant cryptocurrency ATMs installations include Spain , Poland , El Salvador , Poland , Germany and Hong Kong . Romania, Georgia, Switzerland, Austria and New Zealand are the other countries with more than 100 ATMs.

 

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