20,000 New Bitcoin ATMs Installed in 2021 By DailyCoin
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20,000 New Bitcoin ATMs Installed in 2021
The demand for cryptocurrencies like continues to grow, so does the number of Bitcoin ATMs on the streets. Basic transactions and easy currency conversion that ATMs offer facilitate the transition from fiat money to cryptocurrencies.
Almost 20,000 Bitcoin ATMs were installed in 2021, which is an average of 50 a day. This totals up to 34,000 worldwide, with the U.S. having a majority of 30,123, Canada is the second with 2,216 ATM, and El Salvador third with 205 inside its territory.
While currently trading below $50,000, Bitcoin’s price has increased more than 65% in the last 12 months.
On the Flipside
- Bitcoin ATMs might have higher transaction fees compared to online crypto platforms such as Binance or Coinbase (NASDAQ:).
- Technical problems are common with ATMs.
Why You Should Care
Bitcoin ATMs can be found on every continent for easy money exchange.
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Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
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20,000 New Bitcoin ATMs Installed in 2021
The demand for cryptocurrencies like continues to grow, so does the number of Bitcoin ATMs on the streets. Basic transactions and easy currency conversion that ATMs offer facilitate the transition from fiat money to cryptocurrencies.
Almost 20,000 Bitcoin ATMs were installed in 2021, which is an average of 50 a day. This totals up to 34,000 worldwide, with the U.S. having a majority of 30,123, Canada is the second with 2,216 ATM, and El Salvador third with 205 inside its territory.
While currently trading below $50,000, Bitcoin’s price has increased more than 65% in the last 12 months.
On the Flipside
- Bitcoin ATMs might have higher transaction fees compared to online crypto platforms such as Binance or Coinbase (NASDAQ:).
- Technical problems are common with ATMs.
Why You Should Care
Bitcoin ATMs can be found on every continent for easy money exchange.
EMAIL NEWSLETTER
Join to get the flipside of crypto
Upgrade your inbox and get our DailyCoin editors’ picks 1x a week delivered straight to your inbox.
[contact-form-7]
You can always unsubscribe with just 1 click.
Continue reading on DailyCoin
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.