Amid Coronavirus Epidemic BTC ATM’s Total 7,500 Worldwide
Login

Amid Coronavirus Epidemic BTC ATM’s Total 7,500 Worldwide

Estimated Reading Time: 2 minutes
Article Rating:
Based on 1 vote
Login to rate this article.

Azeez Mustapha

Updated:
Since 2019, the Bitcoin (BTC) ATM technology sector has skyrocketed at a 70% pace. A total of Bitcoin ATMs have now crossed 7,500 in various parts of the world. Notwithstanding existing legal crypto-currency obstacles, with 5,422 working Bitcoin ATMs already in business in the United States alone as announced in the news on 20 April 2020.

Global Adoption of Bitcoin
While the flagship cryptocurrency is Bitcoin (BTC) and the inherently unstable aspect of the market, it seems like the economic system is slowly becoming receptive to the blockchain-based currency as risks in the conventional monetary system continue to develop.

Bitcoin ATM has increased by 70% since last year and over 7,500 Bitcoin ATMs worldwide now, which suggests increasingly people entered the crypto space, according to close sources. Bitcoin ATM has however risen in recent growth.

Circulation of BTC ATM’s
The US maker of Bitcoin ATM Genesis Coin occupies the leading role in the ATM industrial sector with a total of 2,575 deployments (33.8%), followed by general bytes (30.7%).

Although Bitcoin ATMs are still rising in popularity, legal instability often cripples its activity in certain territories.

Bitcoin ATM’s penetration in all continents shows that North America is in the frontline, with Europe (16% worldwide), South America (0.8%) and Asia (1.7%), with Hong Kong responsible for 0.7% of the Bitcoin ATM market in the zone.

The United States is overwhelmingly dominant in Bitcoin ATM with 5,422 ATM (70% worldwide), Canada following (9,5%), the United Kingdom with 279 (3.7%), while the operational Bitcoin ATMs of Austria are 137 (1.8).

With the coronavirus global epidemic already devastating the world and its financial system, growing numbers of people now regard cryptocurrency as a safe-haven asset and are growing their assets to ensure their financial security.

  • Broker
  • Benefits
  • Min Deposit
  • Score
  • Visit Broker
  • Award-winning Cryptocurrency trading platform
  • $100 minimum deposit,
  • FCA & Cysec regulated
$100 Min Deposit
9.8
  • 20% welcome bonus of upto $10,000
  • Minimum deposit $100
  • Verify your account before the bonus is credited
$100 Min Deposit
9
  • Over 100 different financial products
  • Invest from as little as $10
  • Same-day withdrawal is possible
$250 Min Deposit
9.8
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
$50 Min Deposit
9
  • Fund Moneta Markets account with a minimum of $250
  • Opt in using the form to claim your 50% deposit bonus
$250 Min Deposit
9

Learn to Trade

Never Miss A Trade Again

step 1
Signal Notification

Real-time signal notifications whenever a signal is opened, closes or Updated

step 2
Get Alerts

Immediate alerts to your email and mobile phone.

step 3
Entry Price Levels

Entry price level for every signal Just choose one of our Top Brokers in the list above to get all this free.

Share with other traders!

telegram
Telegram
forex
Forex
crypto
Crypto
algo
Algo
news
News