In June, the number of cryptocurrency automated teller machines (ATMs) experienced a slight decrease, despite the installation of 377 new ATMs during the month. As of January 2024, a total of 2,564 crypto ATMs have been deployed worldwide.

Throughout 2024, there has been a steady increase in the number of crypto ATMs, despite a slight decline observed in June. During the past 11 months leading up to the current count of 38,279 ATMs globally, an addition of 5,808 machines has been recorded since July 2023.

June saw a minor reduction of 115 crypto ATMs, but this was followed by the installation of 377 new machines. To surpass the 2022 record, an estimated 1,262 more bitcoin ATMs would need to be installed.

The primary operators in the crypto ATM market are Bitcoin Depot, Coinflip, and Athena Bitcoin. Bitcoin Depot leads with 7,543 machines, followed by Coinflip with 5,057, and Athena with 2,756 ATMs. The United States hosts the majority of the world’s crypto ATMs at 82.7%, while Canada accounts for 7.7%.

The global expansion of crypto ATMs underscores robust demand for localized financial services. Despite a brief dip in June, the subsequent installation of 377 ATMs highlights ongoing growth. Major operators continue expanding their networks, playing pivotal roles in advancing the industry.

What do you think about the crypto ATM growth since January? Share your thoughts and opinions about this subject in the comments .