Crypto

Nearly 7,000 Bitcoin ATMs are in Operation Today

The growth of the Bitcoin ATM industry often goes by without much fanfare. Even so, with nearly 7,000 of these machines in circulation globally, things are looking very good. 

Making cryptocurrencies more accessible can be done in many different ways.

The Future Looks Bright for Bitcoin ATMs

A Bitcoin ATM is a good solution for those with cash in their pocket.

Various manufacturers and operators compete for traction on a  global scale.

This ongoing “battle” results in nearly 7,000 Bitcoin ATMs currently active around the world.

Last year, there was a lot of growth throughout all of 2019.

It appears that this trend will continue, at least during the early stages of 2020.

Last month alone, over 400 new Bitcoin ATMs were installed globally.

Related Post

As the value of cryptocurrencies increases, the demand for crypto assets also increases.

Smart people will avoid centralized exchanges and trading platforms altogether.

Using Bitcoin ATMs is often more expensive, yet the customer will be in direct control of their funds.

That is always a favorable approach compared to relying on third-party service providers.

As far as manufacturers are concerned, Genesis Coin continues to dominate the landscape.

General Bytes and Coinsource are also crucial players in this space.

Slowly but surely, bigger networks of Bitcoin ATMs are being created all over the world. 

JP Buntinx

JP Buntinx is a FinTech and Bitcoin enthusiast living in Belgium. His passion for finance and technology made him one of the world's leading freelance Bitcoin writers, and he aims to achieve the same level of respect in the FinTech sector.

Share
Published by
JP Buntinx

Recent Posts

The Calculated Collapse of $TG: How a “Utility” Token Was Engineered for a Rug Pull

In the unpredictable world of cryptocurrency, new tokens launch daily, each one a shining beacon…

14 hours ago

Staked Ethereum Hits Record High as Whale Accumulation Signals Bullish Long-Term Sentiment

Once more, Ethereum is commanding the spotlight as fresh figures indicate that the amount of…

14 hours ago

Arbitrum Sees Surge in Protocol Revenue and EIP-7702 Adoption Following ArbOS 40 Upgrade

The ecosystem on Arbitrum keeps flaunting its robust foundations, with a steady incline in the…

14 hours ago

Ethereum Whale Accumulation Surges as Long-Term Confidence Outweighs Short-Term Volatility

Once again, major market players are focusing on Ethereum. The whale activity surrounding the second-largest…

3 days ago

Week in AI: Fartcoin Steals the Spotlight Amid Market Turmoil

It has been a tumultuous week for the artificial intelligence sector in crypto. Sharp valuation…

4 days ago

BSC Foundation Resumes Strategic Accumulation: VIXBT, CAKE, LISTA, and MOOLAH Under Spotlight

Following a brief stint of dormancy, the BSC Foundation is back in action, reestablishing its strategic…

6 days ago