New crypto ATMs are coming online at a rate of one ATM per hour, according to the latest statistics from Coin ATM Radar, the most trusted crypto ATM tracker.
This remarkable increase however is largely concentrated in North America.
Africa however continues to lag behind with less than 10 crypto ATM machines on the entire continent.
SEE ALSO: A Look at the First Bitcoin ATM in Kenya
Below are some stats so far in 2020:
Interesting fact: After the first 3.5 years there were 1000 active bitcoin ATMs in operation, over the next 3.5 years this figure has increased by 9000 ATMs more
Below is the breakdown of the top 5 countires with the largest number of crypto ATMs in 2020:
The significant growth in crypto ATMS in 2020 demonstrates the growing interest among retail buyers and financial institutions in crypto, a sign of its increasing acceptance across the board.
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