Topic: Bitcoin ATM Installations and Operator Growth 2021-2022- Industry Research - page 2. (Read 245 times)

Looking at the massive increase in the rate of Bitcoin ATM operations in a short period gives me hope that in few years we might have a Bitcoin ATM in every city in the world. The only challenge most of these Bitcoin operators are facing is government unfavorable policies in most countries. Most countries see Bitcoin as a threat to the growth of both their central and commercial banks. I am sure next year's growth would be more massive because I expect Central African Republic and El Salvador to attract more Bitcoin operators. Hopefully, Panama would join the moving train.   

Man that’s a huge increase ! I’ve just checked the UK list now - only 22 ATMs in the UK , I’m sure there was 500+ last year. When I’ve used ATMs in the Uk in the past there was no KYC/AAML but that was several years ago.
GO USA !!!!

Of course! I'm glad to share my findings with the community. It is a stark dominance, much like BTC dominance in the crypto market is basically the USA vs the world in Bitcoin ATMs. Regulators here in the US have made a clear path to becoming an operator so long as they maintain a robust KYC (Know Your Customer) and AML (Anti-Money Laundering) Policy in effect. The hardest thing for an operator a year ago was finding a business bank account, so the friendliness of the US banks to crypto companies in the last year have also helped more operators to spring up in USA.

If I remember correctly the US market dominance of crypto ATMs at that time in 2021 was around 60% so we're talking about an almost 28% increase in US dominance since this time a year ago! Incredible.

Wow ! It’s amazing and very surprising to see this massive increase!!
Thanks for posting OP

Looking deeper it’s also interesting to see that the VAST majority of Bitcoin ATM machines are in the USA - 87.9%, with Canada being the next highest at 6.3% !!
Is this because there is much more Bitcoin adoption in North America and/or because of regulation/laws?
I believe in the UK you would need an FX license - which involves a lot of paperwork, money and abiding by KYC and AML regulations - a huge drawback.

Is there anyway of knowing the difference between 1yr ago and now, to analyse if the North America percentage  has increased and conversely the “rest of the world” has decreased relatively ? Hmmm - hope this makes sense 



https://coinatmradar.com/charts/geo-distribution/

Hey Guys,


Since I last posted about this a little over a year ago-here: https://bitcointalksearch.org/topic/m.56936144 the overall crypto ATM machine installs worldwide has nearly doubled from a little less than 20k to a little less than 40k!

I have been working on a list of Bitcoin ATM Operators and currently I am showing 121 unique operators in this space below (I am probably off by another 10-20 that I have not found or are too new to have any info yet).

If this isn't proof of the adoption of Bitcoin then I don't know what is. Mind you this is also a physical presence of Bitcoin at your every day convenience stores which I think is pretty powerful to generating more awareness to the general public and definitely fosters curiosity.

These machines have helped to further legitimize the crypto space as a whole. I check coinatmradar.com every few months and see new companies pop up every time so I can assure you there is constant growth in this space, year over year, for the past 8 years.

This picture I posted on May 5 2021 which was the current BTM Growth on that very day:




Fast Forward to now and there are over 20,000 MORE Bitcoin ATM machines that have been placed in gas stations, grocery stores, bodegas, vape shops, and many other types of brick and mortar stores all across the globe.



 

Here is a current and alphabetized list of all the Bitcoin ATM companies that I am aware of. If you know of another Bitcoin ATM Company that is NOT on this list please leave me a comment or DM me as I want to have this list as accurate as possible.

All-digital-coins-corp
American Crypto
America's Bitcoin ATM
Athena Bitcoin
ATM Coiners
ATM Crypto Coins
BAP (Bitcoin ATM Pros)
Belco BTM
Bit National Inc.
Bit Stop
BitBoss ATMs
Bitbox
Bitcoin ATM Services
Bitcoin Depot
Bitcoin Embassy New Hampshire
Bitcoin NW
Bitcoin of America
Bitcoin Plug
Bitcoin Station
Bitcoin X / National Digital Systems
Bitcoiniacs
Bitcuac
BiTerminal
Bitminas
BitPay
BitPickup
Black ATM
Black Swan Bitcoin
Block ATM
BlockchainBTM
BTM Machines
BTM Nexus
BTM Processing, LLC
Budget Coinz
Byte Federal
Cash2Bitcoin
Chiron Consulting
Chiron Crypto
CMJ Currency Solutions
Coin BTM
Coin Cloud
Coin Connection
Coin Genie
Coin Time
Coinark
Coincental
CoinDawg
Coinflip
Coinhub
CoinLinx
CoinMaster
Coinmover
Coinsource
CoinNeko, LLC
coins4less inc
CoinTrade
Coinucopia
Coinwhale
Coinworks
Covault
Cryptobase
Cryptodispensers Bitcon ATMs
Cryptonite ATM
Cyber Hornet
Deleware Kiosk
Digital Cash 2 Go
Digital Coin Strategy
Digital Mint
Digital Ventures Group
Easy Bit
EZ Coin
FirstCoin ATM
Freeda
Freedom Gateway LLC
Get Coins
Gorilla Bitcoin
Growth BTM
Hermes Bitcoin
HeroCoin
Hilt Ventures
Hippo Bitcoin ATM
HODL Bum
Honey Badger
Icoin Mart
Insta Coin
Insta Kiosks
Instabit ATM
Just Digital Coin
Kernel ATM
Krakem ATM
Kryptocorner
LibertyX
Local BTM
Local Coin
Maine Bitcoin LLC
Metrofino BTM LLC
Modern Tender
National Bitcoin
National Digital Systems
National Vending
New Age Bitcoin
Pay Depot
Pelicoin
Phoenix Cryptro
Purecoin
Rockitcoin
Shomulatm
Simple BTC
Slon BTM
SmartBit ATM
Sumbits
TAO Bitcoin
The Coin Bros
UAD COIN
Unbank Pay
US Crypto ATMs
Vault Logic
Versa Exchange
World Payment Systems
XBTeller

I hope you enjoyed reading! Have a great day  

Cheers,

TREAD