Bitcoin ATMs are sprouting like mushrooms, in 2021 alone, over 10,000 new ones appeared

Bitcoin has been planetarily popular for years, as have many cryptocurrencies because they can earn people a lot of money and are used as a means of payment in various parts of the world.

Oct 18, 2021 - 08:17
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Bitcoin ATMs are sprouting like mushrooms, in 2021 alone, over 10,000 new ones appeared

Bitcoin has been planetarily popular for years, as have many cryptocurrencies because they can earn people a lot of money and are used as a means of payment in various parts of the world. But if someone wants to get money physically, they can do it thanks to bigger ATMs - for bitcoin.

The research was conducted by CoinATMRadar and stated that at the moment there are almost 30,000 Bitcoin ATMs worldwide, of which as many as 26,489 or 93.5 percent are in North America. Furthermore, through the first part of this year, 13,242 new ATMs were installed worldwide.

In other parts of the world, the situation is such that there are 1268 of them in Europe, 290 in South America, 234 in Asia, 28 in Oceania, and 20 in Africa. 

At the moment, for one bitcoin you can get 54,895 US dollars. Thus, the value of the most popular cryptocurrency is gradually rising again, which was not the case after the fall at the end of the first quarter. Mostly because various restrictions are still being set in Asia, primarily in China.

However, bitcoin has shown strength and fought for its position and now it is quite clear that it is not going anywhere for a long time ... And for that, we should thank North America, that is, the United States, where this cryptocurrency is developing exceptionally quickly, as evidenced by the number of 25,412 ATMs.

By: Amber V. - Zexron