Proof Point
As of August 13, 2018, all 3,569 crypto ATMs installed worldwide accept Bitcoin, while half support Litecoin, Coin ATM Radar reported
Global Crypto ATMs by Digital Currency
August 2018 (number)
Proof Point Findings
- Crypto ATMs – Machines that let users buy cryptocurrencies (e.g. Bitcoin, Ether, Litecoin, and more) using fiat money, with some also offering capability to sell them
- Overall Size – Number of crypto ATMs installed worldwide already reached 3,569 as of August 13, 2018
- Majority Bitcoin – All crypto ATMs installed worldwide accept Bitcoin, with half accepting Litecoin, followed by Ether with 33%, Bitcoin Cash with 23%, and Dash with 12%
- Other Minor Cryptocurrencies – A few crypto ATMs also support Monero, Zcash, and Dogecoin
- Key Growth Drivers – Include proliferation of cryptocurrencies, growing number of businesses accepting cryptocurrencies, increasing interest in traditional currency alternatives, and more crypto ATM manufacturers entering space
|
Accelerator |
|
|
Market Disruption |
|
|
Sector |
Financial Services
|
|
Source |
|
|
Date Last Updated |
October 19, 2018
|
