#Number of encrypted ATMs is on the rise.#

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Overview

The number of cryptocurrency ATMs worldwide is rebounding and nearing its all-time high. As of January 11, there were 38,866 cryptocurrency ATMs in operation globally, just 1,092 less than the peak recorded in December 2022. The United States leads the way in the cryptocurrency ATM space, accounting for 81.3% of global installations. Bitcoin Depot is the largest operator by ATM count, managing 8,486 ATMs. BTC is the most widely supported cryptocurrency, with nearly all ATMs offering support. LTC, ETH, and DOGE also hold significant positions.

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Analysis

The number of cryptocurrency ATMs, after experiencing a dip in 2023, is gradually recovering and nearing its all-time high. As of January 11, 2025, there are 38,866 cryptocurrency ATMs in operation globally, only 1,092 fewer than the peak in December 2022. Of these, the US is home to the largest number of cryptocurrency ATMs, accounting for 81.3% of the global total, followed by Europe at 4.3%. Bitcoin Depot is the largest cryptocurrency ATM operator globally, managing 8,486 ATMs. Most cryptocurrency ATMs support Bitcoin transactions, followed by Litecoin, Ethereum, and Dogecoin. The resurgence in the number of cryptocurrency ATMs suggests that interest in cryptocurrencies is growing, and the ease of cryptocurrency transactions is improving.

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Encrypted ATM count is on the rise, approaching all-time highs

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The United States is the main market for crypto ATMs, accounting for 81.3% globally

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Bitcoin Depot is the world's largest crypto ATM operator

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BTC is the most widely supported cryptocurrency, while LTC, ETH and DOGE also hold important positions

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