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The number of automated automatic cashiers (ATMs) installed worldwide has exceeded 4,000 points, and the data of the accumulator of statistics in the Coin ATM Radar sector indicate January 10th.
The current growth rate is 4.9 new ATMs installed every day, according to the ATM Radar ATM scale, which are positioned in the highest speed class, despite persistently bearish market action.
Crypto ATM installation speed. Source: coinatmradar.com
Out of a total of 4167 encrypted ATMs around the world, 71.8 percent are in North America, 56 percent in the US and 15 percent in Canada, 23 percent in Europe and 2.6 percent in Asia . 1.3% and 1.1% are in Oceania and South America respectively and only 0.2% is in Africa.
Within Hong Kong, Hong Kong holds the lion's share of ATMs – accounting for 0.8% of machines worldwide – while in Europe it is Austria (6.4%) , followed closely by the United Kingdom (4.8%).
According to data, installations in the United States rose from 1,216 on January 1, 2018 to 2,475 to date – 1,259 new vending machines in just over a year. California has the highest number of states – with a total of 473 cars – followed by Illinois with 250.
While the vast majority of 4167 encrypted ATMs worldwide support Bitcoin (BTC) – 99.9 percent, or 4,162 – 64.6 percent support one or more altcoins.
These are reduced to 59.5% support for Litecoin (LTC), support of 49.3% for Ethereum (ETH) and support of 33.9% for Bitcoin Cash (BCH). Dash (DASH) is supported by 17.9 percent of ATMs, while Monero (XMR), Dogecoin (DOGE) and ZCash (ZEC) are supported by 3 percent or less, respectively.
Evidently absent from the global statistics of Coin ATM Radar is India. As reported last November, developers of the country's first Bitcoin "ATM" were arrested in the city of Bangalore under criminal charges because of its "ATM" brand, as the machine was not strictly an ATM but a device that aimed to allow crypt users to circumvent banking channels.
The arrests occurred after the prohibition, by the Reserve Bank of India (RBI) of 2018, of relations with the encrypted companies.
Earlier this month, Cointelegraph reported that Bitcoin Lamassu's ATM manufacturer moved to Switzerland due to regulatory difficulties in other countries. Lamassu has revealed that his requests to open an account have been rejected by 15 banks because he produces terminals for Bitcoin, even if the company does not participate in the trade or memorization of cryptocurrencies.
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