BTMs remain one popular and preferred medium for trading cryptocurrencies. Using Bitcoin ATMs, any individual can buy or sell cryptocurrencies in few simple steps. BTMs are now installed in major cities around the world, it and it supports several cryptocurrencies. Today there are over 3,500 BTM machines installed and operating around the world. The number of Bitcoin ATMs are increasing every day.
ATM count breaking previous records
According to recent data, nearly 8 BTM machines are installed every day and many new locations are appearing. Many portals are tracking the number of Bitcoin ATMs coming up to buy or sell in different parts of the globe. According to recent data, there are around 4000 BTM kiosks across the globe, at the time of writing this article. Out of these Bitcoin ATMs, around 2300 are from the United States. Most of these BTMs support different cryptocurrencies, the most popular being Bitcoin, Litecoin and Ether. The most interesting thing is that the number of BTMs tripled in the last 17 or 18 months. At the start of 2017 there were around 1000 BTMs globally; at the end of October 2018 around 3900 BTMs were reported from different locations. Now that’s a huge increase in the number of bitcoin locations for buying or selling. How many would have expected this?
Cryptocurrencies enjoy surprising with its trends. There was a time when many felt it was the end of cryptocurrency. However, after a decade cryptocurrencies are going very strong. Many bitcoin locations are available to buy or sell suitable cryptocurrencies, ensure selecting reliable names like Bitcoin of America, which is in the business for a long time. Currently, America has the largest concentration of Bitcoin ATM globally and this number is increasing by a huge margin every day. Who would have thought America would be the hub for crypto trading? What is your preferred method of buying Bitcoin?