Tech News, Magazine & Review WordPress Theme 2017
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Your Guest Blog
  • CRYPTO LIVEWIRE
    • Latest
    • Press Releases
    • ChainWire
    • Sponsored Posts
    • Submit Your Content
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Blog
    • Press release
    • Sponsored post
  • EXPLORE
    • eToro
  • DAILY HODL MIX
No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Your Guest Blog
  • CRYPTO LIVEWIRE
    • Latest
    • Press Releases
    • ChainWire
    • Sponsored Posts
    • Submit Your Content
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Blog
    • Press release
    • Sponsored post
  • EXPLORE
    • eToro
  • DAILY HODL MIX
No Result
View All Result
The Daily Hodl
No Result
View All Result

Bitcoin Kiosks Top 7,000 Worldwide As Traditional ATM Operators Eye BTC Market

by Daily Hodl Staff
March 6, 2020
in Bitcoin
‏‏‎ ‏‏‎ ‏‏‎ ‏‏‎
ADVERTISEMENT

With a growing interest in cryptocurrency, there are now 7,057 crypto ATMs worldwide, allowing people to use cash and debit cards to purchase Bitcoin and other digital assets, or convert Bitcoin into fiat. Of the top five markets, there are currently 5,089 ATMs in the United States, 754 in Canada, 303 in the United Kingdom, 126 in Austria and 84 in Spain, according to data compiled by CoinATMRadar.

Andrew Barnard, co-founder and CEO of Bitstop, a Bitcoin operator with over 100 locations in the US, including the Miami International Airport and shopping malls, says the industry is still very young with Bitcoin ATMs only six or seven years old.

In an interview with ATM Marketplace, Barnard says the market has grown significantly.

“We’re now at the ATM IA (Industry Association) Conference here, looking to work with some of the largest and best operators in the world. So we’re seeing ATM operators from the traditional ATM industry come into this space who want to own and operate their own Bitcoin ATM.”

According to Barnard, several different types of companies providing financial services are exploring the BTC market.

“We’re also seeing money transmitters like check cashers and currency exchange businesses that want to run their own Bitcoin ATM, and even gas distribution companies that want to run their own Bitcoin ATM fleet.”

While several different businesses in the US are integrating Bitcoin ATMs into their suite of services, Barnard is watching growth explode worldwide.

ADVERTISEMENT

“[We’re] also seeing interest internationally from foreign operators. So whether it be South America, Africa, Australia, Asia, Europe, we’re seeing operators contacting us from all over the world that want to run Bitcoin ATMs in their areas.

So I would expect not only the United States to continue to grow, and grow at an even faster rate than it already is, but we’re expecting a lot of demand internationally as well, and we’re focusing on different regions of the world also, with respect to distributing the Bitcoin ATMs.”



Check Latest News Headlines


ADVERTISEMENT


Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Submit a Press Release

Crypto Livewire – Press Releases

  • eToro Adds Chainlink and Uniswap Amid Investor Surge for Crypto
    April 19, 2021
  • TeraBlock Secures $2.4 Million to Build a Newbie-Friendly Crypto Exchange Powered by Machine Learning
    April 19, 2021
  • BlockSwap Network Announces Balancer LBP and Uniswap LP Incentive
    April 19, 2021
  • Raze Network Completes Triple IDO and Balancer LBP Event
    April 19, 2021
  • First Charity Project Using NFT: All Profits From Sales of Content Produced by Miss Bitcoin To Be Donated
    April 15, 2021
  • MakiSwap Raises $1.4M From Leading Investors to Build AMM Platform on Huobi Eco Chain
    April 14, 2021
  • DigitalBits To Become Premier Choice for NFTs After Litemint Partnership
    April 13, 2021
Submit a Guest Post
ADVERTISEMENT
ADVERTISEMENT
Bitcoin
$55,288.00
$55,288.00
2.27%
Ethereum
$2,155.04
$2,155.04
3.11%
Binance Coin
$504.81
$504.81
3.5%
XRP
$1.30
$1.30
6.36%
Polkadot
$33.81
$33.81
7.06%
Cardano
$1.19
$1.19
4.59%

Spotlight

  • Coinbase Listing To Lift Crypto Space to Greater Heights: CoinShares CSO Meltem Demirors
    April 15, 2021
  • Trader Who Predicted Bitcoin Crash Says Epic Bounce to $70,000 Imminent
    April 19, 2021
  • Criminals Are Abandoning Bitcoin, Says Former CIA Director – Here’s Why
    April 16, 2021
  • Bitcoin Charging to $120,000, Says Veteran Trader Tone Vays – Here’s When
    April 13, 2021

DON’T MISS A BEAT

Crypto headlines delivered daily
to your inbox
BTC, ETH, XRP news alert options

By joining The Daily Hodl news list you agree to our
Terms and Conditions and Privacy Policy.

Check your inbox for confirmation email.

Cryptocurrency news and analysis, covering Bitcoin, Ethereum, Ripple, XRP, altcoins and blockchain technology

Categories

Bitcoin • Ethereum • Trading •
Ripple and XRP • Altcoins •
Blockchain • Regulators •
Scams • Crypto101 • HodlX • Explore • Futuremash •
Crypto Livewire

ABOUT US | EDITORIAL POLICY | PRIVACY POLICY
TERMS AND CONDITIONS | CONTACT

JOIN US ON TELEGRAM

JOIN US ON TWITTER

JOIN US ON FACEBOOK

COPYRIGHT © 2017-2021 THE DAILY HODL

No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Your Guest Blog
  • CRYPTO LIVEWIRE
    • Latest
    • Press Releases
    • ChainWire
    • Sponsored Posts
    • Submit Your Content
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Blog
    • Press release
    • Sponsored post
  • EXPLORE
    • eToro
  • DAILY HODL MIX

© 2020 The Daily Hodl

×