Bitmobiles are gaining in popularity. The total number of all BTMs worldwide has reached over 5,000 for the first time in the history of this market. The information is confirmed by CoinATMRadar data on June 24. According to the latest statistics, there are currently 5,006 standalone BTMs installed in about 90 countries, through which cryptocurrency users can buy or sell bitcoins (BTC). Some machines offer both services simultaneously. Bitmachines are gaining in popularity It still turns out that the US is the market leader in this respect. It is here that the most bitomats are arriving on a global scale. In June, a total of 150 installations were recorded, or about 6 per day. General Bytes also recently overtook Genesis Coin as the manufacturer with the most BTMs installed. According to media reports, not only the "classic" BTM model is expanding in 2019, but also other such devices that facilitate Bitcoin purchases. This year, for example, Coinstar launched Bitcoin buying functionality in more than 2,200 locations across the US. It is in the US that more than half of all BTMs in the world have been installed (that's a number of more than 3,000 units). In second place is Canada with 680 bitcoins. The podium is closed by Austria with 264 units. Slightly fewer were installed in the UK - 244 units. Poland is in 12th position with "only" 40 bitomats. New players are also entering the market. The latter may be beneficial for customers. Growing competition on the BTM market will probably reduce the fees charged to users, which are usually noticeably higher than those charged by exchanges. Other so-called personal options for buying digital currencies, such as buying coupons, are also gaining popularity among users who want to avoid the onerous requirements of registering with exchanges and thus revealing their identity. Problems The marketplace does encounter some problems along the way. Individual countries are pushing back against anonymity in the cryptocurrency market. In Canada, for example, law enforcement officials in the nation's capital say that BTMs are now being used for money laundering. This is significant, because the first ever bitomat was installed just in Vancouver in 2013. In any case, bitomats are becoming a permanent part of our landscape. In addition to bit machines, exchange offices - both land-based and online - are becoming an equally popular method of purchasing bitcoin. A secure and fast online bitcoin exchange, available online on our site, will allow you to buy bitcoins, in a manner convenient for you. Tags ATM Bitcoins bitcoins poland btm Canada bitcomats bitcoin exchange number of bitmats USA bitcomats
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