The number of bitcoin terminals in the world has exceeded 10,000
The number of bitcoin terminals in the world today exceeded 10,000 for the first time. The average annual growth rate is 167%, according to the data of the AksjeBloggen service..
2020 turned out to be the most active year for the distribution of bitcoin terminals. In the first nine months, 3,885 were installed, which corresponds to an increase of 67% over 2019.
The number of bitcoin terminals in the world
The first bitcoin terminal was installed in Vancouver in 2013. Since then, the United States has become the undisputed leader in the number of cryptocurrency ATMs. In September, the number of terminals here reached 7,567, an increase of 127% over the year. Canada is in second place with 869 terminals.
Number of bitcoin terminals by country
In total, bitcoin terminals are installed in more than 70 countries around the world. In addition to developed countries, they are in demand in countries with unstable economies..
The largest Bitcoin terminal company is Genesis Coin. It accounts for 3 406 ATM or 35% of the market.
However, not all countries approve of the distribution of such services. The authorities are concerned that bitcoin terminals provide an easy way to launder money and evade taxes. Last month, German authorities seized 17 devices from the Polish firm KKT UG, which served the population without the necessary license in such cases..
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