Bitcoin ATMs do not stop growing, even with the pandemic the number of them only increases. As we write, there are 10,179 btc ATMs spread across 71 countries.
According to data from Coinatmradar, in the last 3.5 years, bitcoin ATMs have exceeded 1000 in the first few years and are now over 10,000.
Interesting fact: After the first 3.5 years, there were 1,000 active bitcoin ATMs in operation; in the next 3.5 years, that number has increased by another 9,000 ATMs ”.
said the CoinATMRadar blog
On average in the last 60 days, 25 machines were installed per week.
Other cryptocurrencies are also present in the ATMs, the main ones being Litecoin, Ether and Bitcoin Cash, as shown in the following graph:
Coinflip Cashier CEO Daniel Polotsky said in an interview with Bitcoin.com that:
"an important part of our user base is made up of disadvantaged banks and low-income communities that carry out transactions mainly in cash".
And I add:
"Brokers are some of the most influential companies in the industry, but they have a blind spot: they cannot serve customers who want to pay in cash."