RATE Group | Rising demand for Bitcoin causes the growth of crypto ATMs
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Rising demand for Bitcoin causes the growth of crypto ATMs

21 Apr Rising demand for Bitcoin causes the growth of crypto ATMs

Posted at 13:16h in Bitcoin News by

  • The number of crypto ATMs surges around the world, as more people turn to Bitcoin.
  • The majority of the machines are in the US, with new users approaching them even during the COVID-19 pandemic.
  • Meanwhile, it is noteworthy that Africans are also approaching crypto, with 30 ATMs about to arrive in Nigeria

As crypto awareness, popularity, and adoption continue to spread around the world, the number of crypto ATMs appears to follow. The demand for Bitcoin is, naturally, the highest. However, plenty of major towns and cities around the world reported at least one crypto ATM. Most importantly, they are not only for Bitcoin, but for altcoins, as well.

Bitcoin ATMs on the rise around the globe

Of course, this should not come as too big of a surprise. As mentioned, the adoption is on the rise, even though it progresses relatively slowly. At the same time, cryptos continue to receive new use cases, as more and more merchants, companies, service providers, and others continue are…

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