[ad_1]
Despite the market capitalization falling to a low point since the fourth quarter of 2018, the number of ATM encrypts globally is steadily increasing. Coin ATM Radar issued a statement that further confirmed that there was a huge increase in interest of the criptos.
209 New Crypto ATMs all over the world
According to the statement, 209 new ATMs were installed worldwide in November alone. This despite the decline in the value of Bitcoin. It also revealed information on the closure of 68 previously open kiosks bringing the total number of distributors to 141. This indicates a positive signal for the industry and investors looking for reasons to remain invested in various virtual currencies in the coming year.
It is important to note that although vendor kiosks do not have the same status as institutional investments, nor are they approved by the Exchange Negotiated Fund or major advertising channels such as Facebook, they are still an indication of which direction is Encryption adoption heading towards.
For some cryptic enthusiasts, the fall in value and the price of virtual currency indicates a not so bright future for industry and the innovation of technology created while for others, it is just "an indistinct background of broader adoption" a transaction using virtual currency and Bitcoin. "
2,243 ATM Crypto operating in the United States
With 2,243 cryptographic ATMs operating only in the United States, and many others are available globally, it is quite obvious that more people are now involved in cryptosides.
The data compiled by Coin ATM Radar showed that in November there was a 59 percent increase in the number of altcoins accepted by the encrypted ATMs.
Moreover, with over 13 million users, the well-known cryptocurrency exchange based in the United States, Coinbase was able to have a greater impact in increasing the encrypted exposure for occasional investors by adding other altcoins to its poor selection in the last month.
