We now have over 5,000 Bitcoin ATMs around the world

We now have over 5,000 Bitcoin ATMs around the world

According to the latest statistics, there are now 5,006 standalone BTMs in around 90 countries, where cryptocurrency users can buy or sell bitcoin (BTC). Some machines offer both services simultaneously.

The data caps a protracted period of growth in the BTM sector, with the U.S. leading the trend as more and more locations and formats appear.

June has seen a total of 150 installations, around 6 per day. General Bytes recently overtook Genesis Coin as the manufacturer with the largest number of BTMs installed.

As Cointelegraph reported, in 2019, it is not just the ‘classic’ BTM model which is expanding, but other methods of procuring BTC. A deal earlier in the year involving coin counting kiosk operator Coinstar brought bitcoin functionality to over 2,200 U.S. locations.

The U.S. currently has more than half of the world’s BTMs at 3,229, with a new pilot scheme this month bringing the machines to Circle K convenience stores in Arizona and Nevada.

Read full article on CoinTelegraph.com

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