Tuesday, June 8, 2021

The number of bitcoin ATMs continues to grow.

The cryptocurrency user community is growing rapidly. All indications are that 2019 will bring even more growth. More real-world applications [...] https://www.pinterest.com/pin/1085437947660215829/

The cryptocurrency user community is growing rapidly. All indications are that 2019 will bring even more growth. More real applications of digital currencies, positively affect their long-term value. One of the indicators that can be relied on to check the current interest in this market is the number of bitcoin ATMs (bitcoin cash machines) that are installed around the world. A good start to 2019 Already in the first week of 2019, 34 new bitcoin ATMs were installed. We can monitor the current statistics, among others, in the Coin ATM Radar service, which records new installations. This service allows users to find out where bitcoin ATMs are located around the world. This is obviously very useful for cryptocurrency users who spend a lot of time on the go. Official statistics show that there are 4153 such devices installed globally. According to the data, bitomates are installed at this moment in 75 countries around the world. Coin ATM Radar service also allows users to search for devices by the cryptocurrencies they support. It's worth noting that the rise of bitcoin ATMs comes at a time when many people see the cryptocurrency market as quite weak. Of course, bitcoin is still far from its highs. Its price currently sits at $4,000, which is about 80% below ATH. However, the fact that bitcoins are becoming more and more popular makes us think positively regarding the mass adoption of bitcoin. Despite the fact that 2018 brought price drops on exchanges, this did not stop the growth of bitcoins. We are talking about a solid growth, at the level of 100%. At the end of 2017, the number of such devices around the world was about 2,000. At the end of 2018, there were already more than 4,000. It is also worth noting that in December, the Bitcoin thread on Reddit reached 1 million subscribers, which indicates that interest in cryptocurrencies continues to grow. What else besides bitcoins? Of course, for those who are interested in withdrawing their digital assets into fiat currencies, there are other solutions as well. Cryptocurrency exchanges such as Bitbay or Bitclude also provide such an option. After converting your cryptocurrencies into traditional currency, for example, we can send our funds directly to our personal bank account.   Tags bitcoin ATM btc ATM bitcoin ATMs bitcoin ATMs Bitcoin ATMs btc ATM btc ATMs bitcan platform

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