{"id":60879,"date":"2022-05-02T16:43:04","date_gmt":"2022-05-02T13:43:04","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=60879"},"modified":"2025-09-05T08:54:53","modified_gmt":"2025-09-05T05:54:53","slug":"global-bitcoin-atm-installations-slow-since-early-2022","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/global-bitcoin-atm-installations-slow-since-early-2022\/","title":{"rendered":"Global Bitcoin ATM installations slow since early 2022"},"content":{"rendered":"<p>April was the fourth consecutive month of decline in the global pace of crypto-ATM installations. This is evidenced by data from <a href=\"https:\/\/coinatmradar.com\/charts\/net-growth\/\">Coin ATM Radar<\/a>.<\/p>\n<p>The largest number of devices appeared in August 2021 \u2014 2,037 units. This occurred amid <a href=\"https:\/\/forklog.com\/en\/news\/el-salvador-legalises-bitcoin-as-government-buys-550-btc\">upcoming legalization of Bitcoin<\/a> in El Salvador. As of writing, the country has 204 crypto ATMs.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"1024\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/chart-1-4-1024x1024.png\" alt=\"Global Bitcoin ATM installations slow since early 2022\" class=\"wp-image-171874\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/chart-1-4-1024x1024.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/chart-1-4-300x300.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/chart-1-4-150x150.png 150w, https:\/\/forklog.com\/wp-content\/uploads\/chart-1-4-768x768.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/chart-1-4.png 1200w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption>Distribution of crypto-ATMs by country. Data: Coin ATM Radar.<\/figcaption><\/figure>\n<p>In December 2021 there were 1,969 machines installed worldwide, and from January 2022 the trend began to decline \u2014 in that month 1,687 new ATMs appeared. In February \u2014 970, in March \u2014 757, in April \u2014 739.<\/p>\n<p>There are currently 37,052 devices worldwide.<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh3.googleusercontent.com\/4h1yFPUHV6Y4HZHKKbUhecOK-YlQFyKSPaoxVVWjV4dBx5m3OoyY-kkVg6cRQNJhdZF4BH4UDbYSTkAaKI01XMW19xC-SsR1BOt-XdtvyWHdgaM_usQUGRt5S5CwDao6oV8TA84i\" alt=\"Monthly deployment of new crypto ATMs by month\"\/><figcaption>Chart of new crypto-ATM installations by month. Data: Coin ATM Radar.<\/figcaption><\/figure>\n<p>The leading manufacturer is Genesis Coin, accounting for 41.5% of the market. It is followed by General Bytes (21.6%), BitAccess (15.2%) and Coinsource (5.3%).<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh3.googleusercontent.com\/r-W9f-7DYQvetPyQKtjKlVWZ2OfrD6nFZqAuCnYCURUaa09aSeYJXzUuXacdN6Z8NAbVrEk3obgW_5VU7JbDe_ssyro4DtGKUTlbAYmnICZf5rX3y9AusVJhIxXKMdwT4HtjM13b\" alt=\"Share of the crypto-ATM market by manufacturer\" \/><figcaption>Distribution of the crypto-ATM market among manufacturers. Data: Coin ATM Radar.<\/figcaption><\/figure>\n<p>The top 10 operators control more than half of the operational Bitcoin ATMs (69.9%). The leaders \u2014 Bitcoin Depot, CoinCloud and CoinFlip \u2014 account for more than 9% of the total each.<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh6.googleusercontent.com\/JAY8veYpMc1zLbxMiCqRv-977DpMW5OYttJlDGPtXYfj-3TFh3PpSp3I2WHBWmwB06MfMT07vcD0DHl_3ePkhoQOTdUH_Y0Own7m-kBtWonQqUduGTdMm-7qZpBNx_qyvnigf73D\" alt=\"Share of top crypto-ATM operators\" \/><figcaption>Data: Coin ATM Radar.<\/figcaption><\/figure>\n<p>In January, Grand View Research <a href=\"https:\/\/forklog.com\/en\/news\/analysts-forecast-bitcoin-atm-market-to-reach-1-88-billion-by-2028\">forecast<\/a> growth of the crypto-ATM market to $1.88 billion by 2028.<\/p>\n<p>Subscribe to ForkLog News on Telegram: <a href=\"https:\/\/t.me\/forklogfeed\" target=\"_blank\" rel=\"nofollow noopener\">ForkLog Feed<\/a> \u2014 all the news, <a href=\"https:\/\/telegram.me\/forklog\" target=\"_blank\" rel=\"nofollow noopener\">ForkLog<\/a> \u2014 the most important news, infographics and opinions.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>April was the fourth consecutive month of decline in the global pace of crypto-ATM installations, according to Coin ATM Radar.<\/p>\n","protected":false},"author":1,"featured_media":60880,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1189],"class_list":["post-60879","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cryptomats"],"aioseo_notices":[],"amp_enabled":true,"views":"17","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/60879","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=60879"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/60879\/revisions"}],"predecessor-version":[{"id":60881,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/60879\/revisions\/60881"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/60880"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=60879"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=60879"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=60879"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}