Coin Acceptance and exchange - find Crypto ATM closest to you - Hitecher
Coin Acceptance and exchange - find Crypto ATM closest to you

Coin Acceptance and exchange - find Crypto ATM closest to you

by Mizrakhi Katya

There are thousands of cryptocurrencies in the world today. According to the Coinmarketcap analytical portal alone, there are 861 of them. In fact, there are many more digital coins as the portal does not add...

There are thousands of cryptocurrencies in the world today. According to the Coinmarketcap analytical portal alone, there are 861 of them. In fact, there are many more digital coins as the portal does not add...

There are thousands of cryptocurrencies in the world today. According to the Coinmarketcap analytical portal alone, there are 861 of them. In fact, there are many more digital coins as the portal does not add all the cryptocurrencies to the list. Cryptocurrency adoption is also growing — shops, cafes and other offline points of sale increasingly accept digital money for payment.

Crypto ATMs are gaining ground at the interface of cryptocurrencies and offline transactions enabling to exchange digital money for fiat and vice versa. They are also called Bitcoin terminals, Bitcoin automatic machines, cryptocurrency ATMs and so on.

The first crypto ATMs emerged in Asia and North America during the first cryptocurrency boom back in 2013. Тheir geographic coverage is much larger today with a total of 3,500 cryptomats installed across the world, and rapidly growing, 8 cryptomats are installed in the world every day. The report released in August 2018 by marketsandmarkets, projects the cryptomat market value to reach $144.5 million by 2023.

Their popularity is driven by their user friendliness — to make a transaction one needs only a smartphone with an installed cryptocurrency wallet.

Some cryptomats even accept cash for coin purchases. This map features all the cryptomats in the world. Find the one closest to you and see how easy it is to buy or sell cryptocurrencies. Soon enough, this map will feature new acceptance points and new coins. So, follow the updates!

 

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Mizrakhi Katya

Mizrakhi Katya

Hitecher contributor since 2018, journalist, editor, SMM manager. Cryptoanalyst. Katya has been writing about the blockchain technology and cryptocurrency market since 2015. Author of articles on technology, marketing and relevant IT trends.

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