With the inauguration of the new year, research and reports across distinct fields started coming out indicating the growth and development of the sector. The latest data about crypto ATMs all over the world and in the past and present also showcases a significant growth. The increase in number indicates the wide adoption despite the bearish trend within the broader crypto market.
According to Coin ATM Radar data, the number of crypto ATMs installed till date stands at 38,611. The growth is impressive given that the number in early January 2022 was 34,359 while in January 2020, it was standing at 6,362 ATMs only. An increase of 4,248 ATMs in a year showcases approx 12.36% growth in a year and a 506.83% increase with addition of 32,245 ATMs in the last three years.
source: Coin ATM Radar
Crypto ATMs act as an attribute of cryptocurrency market growth facilitating retail crypto payments on the go. These ATMs, somewhat similar to other fiat currency ATMs, allow users to withdraw fiat
We współpracy z: https://www.thecoinrepublic.com/2023/01/03/crypto-atms-grew-significantly-despite-crypto-market-slowdown/
