There are now over 8,000 Bitcoin ATMs worldwide.
According to the surveillance website CoinATMRadar, there are currently 8,208 ATMs in 73 countries where users can buy and sell Bitcoin (BTC) and Altcoins for cash. Over 6,000 of these are located in the United States.Depending on the ATM, crypto owners can buy Bitcoin Cash (BCH), Ether (ETH), Dash (DASH), Litecoin (LTC), Zcash (ZEC), Monero (XMR), Dogecoin (DOGE), Tether (USDT) and XRP and take off.
Steady growth in the United States
The number of Bitcoin ATMs (BTMs) has increased by 17 percent since March. At that time, Cointelegraph reported that there were more than 7,000. That could indicate an increasing demand for cryptocurrencies. However, the fastest growth was in the United States. Data from CoinATMRadar shows that the number of BTMs in Switzerland, Austria and Great Britain decreased in 2020. In Spain it remained at 71.
Recently the FTX crypto derivative platform launched a futures contract that allows investors to bet against the bitcoin difficulties. At the time of going to press, the exchange’s Q3 and Q4 contracts were $ 17.3. This shows that traders are currently anticipating an increase in bitcoin’s hash rate and mining difficulties over the next two quarters.