Category: ATM

Bitcoin for cash: Do crypto ATMs make buying BTC easier for the mainstream?

July 31, 2021

Crypto Nanobot 0

Cash may be king when it comes to purchasing Bitcoin (BTC), as recent data states that there has been a spike in crypto ATM installations during 2021, showing a 71.3% increase from Jan. 1, 2021, until the time of reporting. Specifically speaking, there are currently over 24,000 crypto ATMs located across the globe. Data further suggests […]

Continue Reading

Athena confirms plans to bring 1500 Bitcoin ATMs to El Salvador

June 25, 2021

Crypto Nanobot 0

Accessing BTC is about to get a lot easier in El Salvador with the crypto ATM rollout. 3423 Total views 8 Total shares U.S. company Athena intends to supply El Salvador’s new crypto-based economy with 1500 Bitcoin ATMs, a company representative has confirmed. The rollout will start small, trialing a few dozen machines to establish […]

Continue Reading

The number of Bitcoin ATMs in the US rose 177% over the past year

March 10, 2021

Crypto Nanobot 0

Worldwide, close to 10,000 new Bitcoin ATMs have been installed since March 1, 2020. 13623 Total views 62 Total shares Since March 1, 2020, the number of new Bitcoin ATMs installed worldwide is nearing 10,000. According to the latest data from Coin ATM Radar, the current number of machines stands at 16,835, a strong 57.5% increase, […]

Continue Reading

Exchanges warn that Hong Kong’s crypto retail trader ban could backfire

February 15, 2021

Crypto Nanobot 0

Crypto industry concern mounts ahead of the likely introduction of a bill to ban retail traders from cryptocurrency activities in Hong Kong. 14762 Total views 34 Total shares Crypto industry actors in Hong Kong have been trying to push back against a forthcoming law that would restrict legal cryptocurrency trading to professional investors, locking out […]

Continue Reading

Crypto ATMs continue to boom globally in 2020

November 8, 2020

Crypto Nanobot 0

New machines are now coming online at a rate of nearly 1 per hour 1612 Total views 42 Total shares In 2013 the world saw the debut of the first-ever Bitcoin ATM when a company called Robocoin placed a machine in a Vancouver coffee shop. Allowing customers to trade Bitcoin for cash, and vice versa, […]

Continue Reading

Bitcoin ATMs are booming in this Latin American country

October 27, 2020

Crypto Nanobot 0

The country is relatively new to crypto adoption, but is building momentum quickly. 3896 Total views 29 Total shares Colombia now has the largest number of Bitcoin (BTC) ATMs in Latin America. According to CoinATMRadar, Bogota, the nation’s capital, has 34 ATMs, followed by Medellin with 11, and Bucaramanga and Cali with 4 each. Other cities […]

Continue Reading