2024

Bitcoin

Read

Coin

<div class="cryptonews">
 <p class="is-style-lead">2023 saw a significant decline in <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a> ATMs, with more than 5,700 units discontinued.</p>
 <p>This reduction marks a historic first since the initial deployment of these machines in October 2013. According to the latest data from Coin ATM Radar, the global count of <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a> ATMs has decreased from its peak of 39,350 in December 2022 to approximately 33,620, representing a 14.5% decline from the previous high.</p>
 <figure class="wp-block-image size-large is-resized"><picture decoding="async" class="wp-image-14233278" style="width: 100%;height:auto">
   <source type="image/webp" srcset="https://cdn.thebittimes.com/images/2024/01/02/4586a0a346677570f217ab5071f7423d.webp.webp">
   <img decoding="async" width="1024" height="683" src="https://cdn.thebittimes.com/images/2024/01/02/4586a0a346677570f217ab5071f7423d.webp" alt="crypto atm"> 
  </picture>
  <figcaption class="wp-element-caption">
   Bitcoin ATM Installations Growth | Source: coinatmradar.com
  </figcaption>
 </figure>
 <div class="cn-block-related-link">
  <svg class="cn-block-related-link__icon icon" aria-hidden="true"><use xlink:href="#"></use>
  </svg> <span class="cn-block-related-link__prefix"> You might also like: </span> Bitcoin ATM innovator CoinFlip to look beyond kiosks in 2024
 </div>
 <p>Data also shows a fluctuating trend in the deployment and decommissioning of these ATMs throughout the year. January 2023 saw the removal of 1,523 ATMs, followed by 210 in February and a substantial reduction of 3,555 units in March. A brief resurgence occurred in May and June, with nearly 2,500 new installations. However, July marked the highest number of ATM removals, with 4,218 units decommissioned.</p>
 <p>Regarding market share, 10 operators manage 67% of the global <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a>currency ATM <a rel="noopener noreferrer nofollow" title="network" href="https://thebittimes.com/tag/network.html">network</a>. Bitcoin Depot leads with 6,000 ATMs, and Coinflip comes in second with nearly 4,000, followed by Bitstop and Rockitcoin. This consolidation indicates a significant concentration of these services among a few key players in the <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a> ATM industry and the potential challenges for new vendors to enter and sustain the market.&nbsp;</p>
 <figure class="wp-block-image size-large is-resized"><picture loading="lazy" decoding="async" class="wp-image-14233279" style="width: 100%;height:auto">
   <source type="image/webp" srcset="https://cdn.thebittimes.com/images/2024/01/02/b7adc44507409909e6a0ef856867a78a.webp.webp">
   <img loading="lazy" decoding="async" width="1024" height="353" src="https://cdn.thebittimes.com/images/2024/01/02/b7adc44507409909e6a0ef856867a78a.webp" alt="crypto atm"> 
  </picture>
  <figcaption class="wp-element-caption">
   Top Crypto ATM Operators | Source: Coinatmradar.com
  </figcaption>
 </figure>
 <p>As the overall market is periodically coming out of the long <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a> winter, it’ll be intriguing to see whether <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a> ATMs also see steady growth in redeployment and installations this year. However, the current trends suggest that general consumer interest in ATMs might steadily decline for virtual assets.</p>
 <div class="cn-block-related-link">
  <svg class="cn-block-related-link__icon icon" aria-hidden="true"><use xlink:href="#"></use>
  </svg> <span class="cn-block-related-link__prefix"> Read more: </span> $560m worth of crypto tokens to unlock this month
 </div> <span class="google-news-banner__label">Follow Us on Google News</span>
</div>
<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/global-crypto-atm-network-shrunk-more-than-5-700-in-2023-tbt75301.html">https://thebittimes.com/global-crypto-atm-network-shrunk-more-than-5-700-in-2023-tbt75301.html</a></p>

Global crypto ATM network shrunk more than 5,700 in 2023

TheBitTimes

Các bài viết khác được xuất bản trên 1 thg 1, 2024

Top 10 Crypto and Blockchain Events In 2024

Record-Breaking NFT Sales on Bitcoin Blockchain in December 2023

Shiba Inu Beats Out Ethereum, Cardano, And XRP To Become Second Most Traded Coin

1INCH rings in new year as top crypto gainer

VanEck: spot Bitcoin ETF launch will not impact BTC price

Phishing Scams Plague the Web3 Ecosystem in 2023

Tham gia bản tin miễn phí của chúng tôi để cập nhật tin tức về tiền điện tử hàng ngày!