According to the latest data from Coin ATM Radar, the global number of BTC ATMs has grown significantly over the past month,Reached a new peak with more than 35,000 machines in operation。
That's a significant spike, coming in at 35,069 ATMs.
The data also shows that the number of ATMs has hovered below 34,000 since March, and in April, there were 33,389 BTC ATMs globally, a near two-year low.
Comparing the data to December 2022, when the number of ATMs exceeded 39,000, a downward trend can still be seen despite the increase in BTC’s price during that time. According to Coin ATM Radar, around 3,600 BTC ATMs were disconnected globally in March alone.
However, this situation reversed in May. ATMs added nearly 1,400 in May and added another 278 in the first few days of June.
BTC ATMs have become a popular way for users to buy and sell BTC using cash or cards, and these methods provide users with a fast and seamless new experience. Additionally, these machines generally do not need to know KYC data, making them a new, more private alternative to traditional exchanges.
The U.S. Leads the Way in Global ATM Distribution, with more than 30,000 ATMs installed in its territory, accounting for more than 85% of the total number of machines currently in operation. Canada is the only country with more than 1,000 ATMs, counting about 2,745 cumulatively, according to Coin ATM Radar.
Europe came in second with around 1,400 ATMs installed in the region, with Spain leading the list with 286. In comparison, the UK has a paltry 16 ATMs installed despite being the region's financial hub.
Spain leads the list of Spanish-speaking countries with 285 ATMs, followed by Salva with 212. Mexico ranks third with 52 ATMs, while Colombia and Puerto Rico round out the top five with 37 and 32 respectively.
Hong Kong leads Asia with 148 ATMs, while Japan has only three ATMs installed despite having BTC-friendly regulations.
After adopting BTC as legal tender, El Salvador unsurprisingly leads the Latin American region with 272 ATMs.
Africa Has the Least Number of BTC ATMs, with South Africa leading the way with 17 ATMs, while regional giant Nigeria has only two ATMs installed in its jurisdiction.
