Source: blockchain.news
With a total of 215 crypto ATMs hosted in Spain, the country has now overtaken El Salvador, which hosts 212 crypto ATMs, to fourth position, after Spain’s third position.
According to data from CoinATMRadar, the European country of Spain is home to 0.6% of crypto ATM installations globally, making it home to the third most extensive Bitcoin and cryptocurrency ATM network after the United States. United and Canada.
Distribution of crypto ATMs by continents and countries. Source: CoinATMRadar
Furthermore, the data also proves that Spain is the largest contributor of crypto ATMs in Europe, accounting for 14.65% of total installations on the continent, followed by Switzerland (144 ATMs), Poland (142 ATMs) and Romania (135). cashiers). .
Growth of the installation of crypto ATMs in Spain. Source: CoinATMRadar
Spain installed 43 crypto ATMs in 2020 and recently shared its intention to install an additional 100 ATMs by the end of the year, bringing the number of crypto ATMs the country hosts to 300 upon completion.
Greece ranks sixth in cryptocurrency ATMs, and with tourists invading the country, Bitcoin ATM operator BCash shared insights into usage statistics in the country.
BCash managing director and co-founder Dimitrios Tsangalidis revealed that regardless of the installation of crypto ATMs in tourist hotspots, most of the usage comes from the main city area.
Tsangalidis added that a combination of crypto winter and tourist seasons has caused a slowdown in regular traffic in crypto ATM usage.
Although not every country in the world has crypto ATM facilities at the moment, it is worth noting that crypto ATMs play a significant role in crypto adoption. As time goes on, we may start to see more countries start to host them.
Last year, the meme-based cryptocurrency Dogecoin became accessible at 1,800 ATMs across the United States. People could buy directly at Coinflip ATMs in 45 of the 50 US states.
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