USA with the highest number of closed Bitcoin money machines in the negative growth year-
USA with the highest number of closed Bitcoin money machines in the negative growth year-
The number of ATMs that support digital currencies has dropped worldwide in the course of a year of turbulent year. According to a new report, the United States have lost more machines that offer crypto cash services than any other country, while Australia cites the table in relation to new installations.
2022 ends with fewer crypto money machines worldwide, the USA remove almost 200 devices
ATMS ( ATMATE ), which enable users to buy cryptocurrencies or exchange coins for FIAT last year. According to data compiled by Coin ATM Radar, the period started with 38,691 and ended with 38,603 Bitcoin money machines, negative growth of 88 units or -0.2 %. The tracking site emphasized:
This is the first time that we see a negative number of Bitcoin ATM installations.
The numbers come from the Bitcoin ATM Market Dynamics from Radar from December 2022 . The study shows that the USA with 33,941 locations of a total of 38,608 locations are still clearly leaders in relation to active ATMs. However, the nation also removed the most crypto money machines last year-188 or 0.6 %.
"If we take a look at the list of the most active countries, we can first find that the normally dominant United States are in the last place," the authors noticed. In the meantime, Australia has climbed to the top with 50 new installations, which corresponds to an increase of almost 30 %.
Canada, where 16 new batms were positive growth from 0.6 % to 2,558. Hong Kong, which had nine machines at the end of 2022, follows than at the beginning of the year, an increase of 6.8 % to a new all -time high of 142 for the Chinese special administrative zone.
The only EU country among the Top 5, Germany, added eight Bitcoin money machines to its 89 in 2021. Mexico has the highest growth in Latin America (17.1 %), from 35 to 41 machines. Around a dozen European nations follow them with positive statistics, but the old continent still lags far behind North America in the total numbers.
One of the further remarkable results of research is that the proportion of Bitcoin money machines also supports other cryptocurrencies bitcoin Investigation period increased and is currently almost 68 %. With 11 encores (increase by 0.18 %), the most frequently added coin in December.
General bytes, Genesis Coin, and Freedom Gateway remain the most active manufacturers of crypto monetary machines. General Bytes had installed 222 devices in the period examined. Coinhub, CONFLIP Bitcoin ATMs, Olliv and Coin Time were the operators who recorded a significant increase in the number of machines they have managed.
Do you believe that 2023 will bring a change in the dynamics of the market for Bitcoin money machines? Share your expectations in the comment area below.
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