Tracker Shows Close to 3,000 Crypto ATMs Were Installed in 2022’s First Quarter

Crypto

During the last 12 months, there’s been an exponential number of cryptocurrency automated teller machines (ATMs) installed as data shows that 20,000 crypto ATMs were installed last year. This year machines are still being installed in great numbers and since December 30, there have been 2,759 machines added to the list of 36,659 crypto ATMs worldwide.

Crypto ATM Installs Jump Over 8% Since Dec. 30

Today, according to crypto ATM tracker coinatmradar.com, there are approximately 36,659 crypto ATMs hosted in 76 different countries. The number of crypto ATMs has grown significantly over the years, and 2021 saw the largest annual increase yet, with over 20,000 machines added during the year.

As the first quarter of 2022 has come to an end, data from coinatmradar.com indicates there are 36,659 crypto ATMs available. On December 30, 2021, Bitcoin.com News reported that there were 33,900 crypto ATMs, which means that over the last 93 days, 2,759 crypto ATMs have been installed across the globe.

This is an increase of 8.13% since December 30, and currently 612 operators manage the 36,659 machines. Operators include Bitcoin Depot, Coin Cloud, Coinflip, and Bitcoin of America. Moreover, there are 43 crypto ATM producers with manufacturers such as Genesiscoin, General Bytes, Bitaccess, Coinsource, Bitstop, etc.

The Manufacturer Genesis Coin, the Operator Bitcoin Depot, and the US Lead the Pack in Terms of Crypto ATM Activity

The top operator in terms of the most crypto ATMs is Bitcoin Depot with 7,001 installed worldwide. Coin Cloud is the second-largest operator with 5,198 crypto ATMs in operation. While Bitcoin Depot commands 19.1% of the 36,659 machines installed, Coin Cloud captures 14.2%.

Coinatmradar.com also shows a map of the location of all crypto ATMs and the type of crypto asset supported by the machines. For example, crypto ATMs support bitcoin, ethereum, bitcoin cash, litecoin, dash, monero, zcash, dogecoin, tether, and xrp.

The crypto ATM tracker site also shows that most of the machines are located in the United States, as the country hosts 32,623 crypto ATMs. The country with the second-largest number of crypto ATMs is Canada with 2,439 locations. The U.S. and Canada are followed by Spain (225), El Salvador (204), Poland (180), and Switzerland (147).

When it comes to crypto ATM installs by manufacturer, Genesis Coin controls 41.6% of the global share of installed crypto ATMs. General Bytes is the second largest manufacturer in terms of crypto ATM installs, with 21.4% of the global share. Genesis Coin and General Bytes are followed by Bitaccess (15.2%), Coinsource (5.3%), Bitstop (4.6%), Bytefederal (3.7%) and “other” manufacturers (8.2%). ).

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