Global encrypted ATM installations increase by 70% in 2021

In addition to the decade-long drive for adoption of cryptocurrencies, the momentum behind the installation of encrypted ATMs continues globally.The latest based on Coin ATM Radar dataThe number of encrypted ATM installations in 2021 has surged by 71.73%, from 13,993 on January 1 to 24,030 at the time of the report.

Last year, after 7,620 new machines were installed, the number of ATMs worldwide increased to 13,993, an increase of 119.56%. So far, 10,037 ATMs have been installed in 2021. In order to maintain the correct point of view, data It shows that the installation speed of encrypted ATM is about 52.3 ATMs per day.

According to data obtained in the past 7 days, the United States is currently in a leading position in this field, installing nearly 48 ATMs every day. As Cointelegraph reported in March, The number of ATMs in the United States rose to 177% in just one year, reaching 16,835.

Encrypted ATM can be accessed in 75 sovereign countries and supported by 42 manufacturers.Coin ATM Radar data The manufacturer also shows that Genesis Coin has a dominant position in this field with a market share of 40.9%, while General Bytes has a market share of approximately 24%. The remaining 35% of the market is shared by other participants, including BitAccess, Coinsource and Bitstop.

related: Circle K convenience store will have thousands of encrypted ATMs

One of the largest holders of Bitcoin (Bitcoin) ATM network Bitcoin Depot recently announced a partnership with Circle K Install encrypted ATM Across the United States and Canada. Since then, the partnership has resulted in the installation of more than 700 Bitcoin ATMs.

Bitcoin Depot operates more than 3,500 encrypted ATMs, allowing users in the United States and Canada to purchase more than 30 cryptocurrencies, including Bitcoin and Ethereum (Ethereum) And Litecoin (LTC).