Pages:
Author

Topic: Bitcoin & Altcoin ATM around the world - page 2. (Read 763 times)

legendary
Activity: 2324
Merit: 1604
hmph..
March 10, 2020, 05:31:39 PM
#24
Hey masulum,

First post must be edited a little. Latvia should be removed from the list. Currently, there is no ATM at Crypto Embassy CryptoCash. Also I will contact coinatmradar.com support too.
 

Hi, okay. Thank you for confirmations, I will edit it now. Let me know if there another changes Smiley
legendary
Activity: 2478
Merit: 1492
March 10, 2020, 05:18:03 AM
#23
Hey masulum,

First post must be edited a little. Latvia should be removed from the list. Currently, there is no ATM at Crypto Embassy CryptoCash. Also I will contact coinatmradar.com support too.

At the following address only the office is located. I've contacted them because will be travelling around soon and want to visit them.
The only way to make an exchange there is: confirm the rate with their representative, they give you btc address, you make a wire and after 1 network confirmation they give you the cash.
full member
Activity: 1176
Merit: 162
March 09, 2020, 06:59:33 PM
#22
Thanks for compiling, that is a lot of ATM's but In my country I got one testimony from my fellow crypto enthusiast about a particular ATM. The rate is not that updated a bit high or lower compared to the current price, I hope not in all ATM's and some lack technical support. But it just started a few years ago in my country for sure it will improve its service in the future.
hero member
Activity: 2128
Merit: 532
FREE passive income eBook @ tinyurl.com/PIA10
March 07, 2020, 03:04:33 AM
#21
In 2016 the Bitcoin ATM was in Bali, precisely at the Indodax office.  But along with the regulation of Crypto assets, ATMs are prohibited by the Indonesian government.
So until now in Indonesia there is no more.
It is unfortunate that Bitcoin ATMs are prohibited in our country, because in developing countries there are already dozens, hundreds or even thousands of Bitcoin ATMs.   Embarrassed

My country, Malaysia is also pretty restrictive when it comes to cryptos. So far, only three companies including Luno have been approved by the government.

Meanwhile Binance has already applied for licensing in Singapore...
legendary
Activity: 3472
Merit: 1724
March 06, 2020, 05:58:06 PM
#20
One country that puzzles me is Austria. Which has retreated 50% in it’s ATM network, unlike other major countries … Ok, found out why: a large amount (article states 179) were dicomissionesd this year (see https://news.bitcoin.com/bitcoin-atms-close-to-7000).


That article doesn't delve into 'why' that happened. Austria has gone from 265 to 126 Bitcoin ATMs due to regulations, in this case transaction limits and KYC, as well as having to register with some financial regulator.
legendary
Activity: 2324
Merit: 1604
hmph..
March 06, 2020, 12:50:59 AM
#19


That not listed on coinatmradar.com will add it to OP, is there still active, if yes i will add it.
legendary
Activity: 2758
Merit: 6830
March 05, 2020, 09:07:45 PM
#18
AFAIK, there are 2 Bitcoin ATMs on Brazil (São Paulo) and one of them also accept BCH and LTC.
sr. member
Activity: 1190
Merit: 267
Undeads.com - P2E Runner Game
March 05, 2020, 08:03:44 PM
#17
where is ATM for my lovely country indonesia, i dont see in the list  Cheesy
even neighboring countries have more than 4 ATM Cool
In 2016 the Bitcoin ATM was in Bali, precisely at the Indodax office.  But along with the regulation of Crypto assets, ATMs are prohibited by the Indonesian government.
So until now in Indonesia there is no more.
It is unfortunate that Bitcoin ATMs are prohibited in our country, because in developing countries there are already dozens, hundreds or even thousands of Bitcoin ATMs.   Embarrassed

that was i think too, indonesia has one before,then regulations forbid it, but strangely why don't they block the use of crypto in Indonesia
people can still trade, so this is a little confusing  Roll Eyes
legendary
Activity: 3234
Merit: 1375
Slava Ukraini!
March 05, 2020, 07:17:24 PM
#16
Interesting stuff. I had no idea that number of Bitcoin ATM's in USA is such big. Probably, it's more than ATM's of banks in my country Cheesy
And it's nice to see big number of ATM's in some average countries in Europe like Hungary, Romania or Slovakia. I don't think that Bitcoin ATM is very useful thing, but big number of these machines probably shows big demand for it.
It's shame  that I can't find my country in this list. There was 2 or 3 Bitcoin ATM's in my country in past, but it were removed due to stupid regulations...
legendary
Activity: 2338
Merit: 1084
zknodes.org
March 05, 2020, 01:12:12 PM
#15
where is ATM for my lovely country indonesia, i dont see in the list  Cheesy
even neighboring countries have more than 4 ATM Cool
In 2016 the Bitcoin ATM was in Bali, precisely at the Indodax office.  But along with the regulation of Crypto assets, ATMs are prohibited by the Indonesian government.
So until now in Indonesia there is no more.
It is unfortunate that Bitcoin ATMs are prohibited in our country, because in developing countries there are already dozens, hundreds or even thousands of Bitcoin ATMs.   Embarrassed
legendary
Activity: 1876
Merit: 3132
March 05, 2020, 12:57:54 PM
#14
However, it would be interesting to see how these are being advertised

I live in a city where there used to be about 3 Bitcoin ATMs and I can't recall seeing any advertisements in the buildings. I could only find some information about them on the local Facebook Bitcoin related groups. Since all of them were located in shopping galleries, a lot of people were staring at me while I was using them.

legendary
Activity: 1680
Merit: 6524
Fully-fledged Merit Cycler|Spambuster'23|Pie Baker
March 05, 2020, 12:48:09 PM
#13
The information is great, but also a bit inaccurate.

I think CoinATMRadar shows only cash-in / cash-out machines, not all the machines (meaning it doesn'y include also the ATMs which accept just cash-in).

If cash-in-only machines would have been included, I think Romania would be the country with the biggest number of crypto ATMs, or at least in top 3 (?). In Romania, almost all supermarkets have a multifunctional cash-in ATM, which can be used, among others, for paying bills, taxes, for charging phone prepaid cards and for buying crypto (mostly BTC).
legendary
Activity: 2338
Merit: 10802
There are lies, damned lies and statistics. MTwain
March 05, 2020, 12:39:37 PM
#12
<…>
<…> I’ve personally never come across one yet, and consider that there is probably a large gap between the quantitative figures that CoinATMradar provides, and the qualitative constraints that make a given ATM likely to ever come across my book of possible prospect ATMs.

For example, this one looks nice enough:


Whilst this one looks more like I’d get mugged in the process of using it:


I figure there is not much information to go by in terms of the number of monthly TXs and amounts (what I’ve seen seem like seller’s textbook best scenario cases).

I’m also not really certain on how accurate the information is on CoinATMradar’s webpage in terms of those still up and running. Quite a few do not have the Status nor Feedback informed, so you can’t be certain it’s going to be up and running when you get there. Additionally, more info on the type of placement would be interesting (i.e. categorization such as "Busy mall", "Empty mall", "Cul-de-sac" or "hairdressers").

Actually, I did find one in what seems to be a hairdressers …:


Cardiff claims to have 6 ATMs of the kind. Out of the six, only one has some user feedback (basically issues), so Feedback is not currently representative enough to draw customers to one or another there (the first one to realize this may take advantage there).
legendary
Activity: 2324
Merit: 1604
hmph..
March 05, 2020, 12:35:09 PM
#11
where is ATM for my lovely country indonesia, i dont see in the list  Cheesy

Haha, maybe someday we have Bitcoin ATM here. Because I think Bitcoin ATM not break govt. regulation. But I don' know much about this. Cheesy



Thank you for your suggestion, I already update it.
staff
Activity: 3304
Merit: 4115
March 05, 2020, 11:44:18 AM
#10
The above 6 countries represent a net growth of 2.453 ATMs. The total world growth was of 2.702 ATMs, so these countries cover 90,78% of the net ATMs created.

Specifically, the US alone represents 88,85% of all net ATM growth worldwide. So not only does the US represent 79,7% of all installed ATM (see https://coinatmradar.com/charts/geo-distribution), but it is also still behind the vast majority of growth worldwide.

One country that puzzles me is Austria. Which has retreated 50% in it’s ATM network, unlike other major countries … Ok, found out why: a large amount (article states 179) were dicomissionesd this year (see https://news.bitcoin.com/bitcoin-atms-close-to-7000).

Interestingly enough I haven't ran into any Bitcoin ATMs. I don't go to the cities too often, and that would be a contributing factor. However, it would be interesting to see how these are being advertised, and what their daily usage is. I'm assuming without doing any research that there's multiple Bitcoin ATMs in Cardiff, Wales, but despite that I haven't seen any ATMs within the central parts of Cardiff which I would expect them to be most prominent. I tend to avoid London as much as possible, but they are probably better advertised, and utilized there.
legendary
Activity: 2492
Merit: 1215
March 05, 2020, 11:42:18 AM
#9
You could add a little "*" section somewhere and add a fillippone experience with ATM (or translated version to Russian Language). I suppose this could be useful  Wink

P.S. I'll try to search the forum for same review/guides about using ATM and post it here if I find something.
legendary
Activity: 2268
Merit: 1379
Fully Regulated Crypto Casino
March 05, 2020, 10:56:11 AM
#8
where is ATM for my lovely country indonesia, i dont see in the list  Cheesy
even neighboring countries have more than 4 ATM Cool

As far as I know OP is from Indonesia too, so I doubt he will forgot to note it. The reason for its absence is simply your country doesnt have any at the moment.  Cheesy


sr. member
Activity: 1190
Merit: 267
Undeads.com - P2E Runner Game
March 05, 2020, 10:48:20 AM
#7
where is ATM for my lovely country indonesia, i dont see in the list  Cheesy
even neighboring countries have more than 4 ATM Cool
legendary
Activity: 2324
Merit: 1604
hmph..
March 05, 2020, 04:56:30 AM
#6
found out why: a large amount (article states 179) were dicomissionesd this year (see https://news.bitcoin.com/bitcoin-atms-close-to-7000).


Thank you for additional information, I'm not really giving attention to this.
legendary
Activity: 2338
Merit: 10802
There are lies, damned lies and statistics. MTwain
March 05, 2020, 04:42:41 AM
#5
One specific interesting aspect to consider (besides worldwide placement and share) is growth. Specifically, where the growth is taking place.

The growth of Bitcoin ATMs worldwide in a year has gone from 4.345 (1st of March 2019) to 7.047 (05 th of March 2020), which represents an increase of 2.702 ATMs (62,19% increase). Nevertheless, the hardcore volume still resides in the US:

US (gone from 2.479 to 4.870 in a year – up 96,45%)
Canada (gone from 620 to 706 in a year – up 13,87%)
UK (gone from 208 to 282 in a year – up 35,58%)
Austria (gone from 262 to 131 in a year – down 50,0%)
Spain (gone from 70 to 73 in a year – up 4,29%)
Switzerland (gone from 52 to 82 in a year – up 57,69%).

Data derived from https://coinatmradar.com/charts/growth/

The above 6 countries represent a net growth of 2.453 ATMs. The total world growth was of 2.702 ATMs, so these countries cover 90,78% of the net ATMs created.

Specifically, the US alone represents 88,85% of all net ATM growth worldwide. So not only does the US represent 79,7% of all installed ATM (see https://coinatmradar.com/charts/geo-distribution), but it is also still behind the vast majority of growth worldwide.

Edited: One country that puzzles me is Austria. Which has retreated 50% in it’s ATM network, unlike other major countries … Ok, found out why: some (article states only 3 out 179) were dicomissionesd this year (see https://news.bitcoin.com/bitcoin-atms-close-to-7000). As @malevolent points out, regulation could be behind the drop. Anyone from Austria care to elaborate ?
Pages:
Jump to: