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

Related Post
installed globally.

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

Solana’s $3.2M Entrepreneur Story & BlockDAG’s $1 Potential

How Solana Transformed an Entrepreneur’s Life & Why BlockDAG Could Be the Next Millionaire Maker…

3 hours ago

SOL Market Cap Hits $100 Billion as Possible Infinaeon Long-Term Price Targets Surge

The SOL price has surged to well over $200 as its market capitalization exceeded $100…

8 hours ago

Binance Coin Whales Reap Big Profits as Polkadot Struggles; A New Crypto Presale Is Dominating Investor Attention

BNB is already flashing signs of a bearish sentiment despite launching a new stablecoin while…

10 hours ago

Three Crypto That Surprised The Market: Rollblock, Cardano, and XRP

The crypto market is no stranger to unexpected twists. However, the recent performances of Rollblock,…

10 hours ago

As Bonk (BONK) and Pepe (PEPE) Shine, Rollblock (RBLK) Captures the Market’s Attention With Upcoming Reveal

Meme coins are back with a bang and are as insanely volatile as ever! Bonk…

10 hours ago

2024’s Top 9 Crypto Staking Platforms to Make Passive Income

Staking has become one of the most effortless ways to generate passive income in the…

13 hours ago