Cryptocurrency ATM Installations Surge Globally, Approaching Record Highs in 2024
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The global presence of cryptocurrency ATMs has surged by 17.8% over the past year, reaching 38,279 units, approaching the previous peak of 39,541 set in December 2022. According to Coin ATM Radar’s latest data for 2024, there have been 2,564 new installations, marking a notable turnaround from the net loss of 2,861 machines in 2023. From July 2023 to May 2024, installations consistently rose, with June alone seeing a rebound of 377 machines after a slight dip of 115 in May. Bitcoin Depot leads the market with 7,543 ATMs, followed by Coinflip with 5,057, and Athena Bitcoin with 2,756 units.
Source: CryptoIntelligence
