Australia now has more cryptocurrency ATMs than El Salvador

The number of cryptocurrency ATMs in Australia has hit a new high in the past four months. Thus, the country overtook El Salvador Bitcoin (BTC) It is a legal contract. In addition, Spain and Poland are two countries ahead of El Salvador.

According to Coinatmradar.com, the top three countries in the number of installed cryptocurrency ATMs USA, Canada and Spain, with 33,950, 2,649 and 273 wickets respectively. The difference in statistics between these countries is considerable.

Australia is fourth, 0.6% of the total number of cryptocurrency distributors worldwide. This represents 225 machines. Most of them are in Melbourne (65), Sydney (48) and Brisbane (33).

Then the mainland follows Poland and its 222 locations. The most machines, 67, are installed in the country’s capital, Warsaw, while Krakow comes in second with 42 vending machines.

El Salvador is currently in 6th position with 212 wickets Machines are listed. The most distributors, 28, are located in the country’s capital, San Salvador, followed by 25 distributors in Santa Tecla. Others are spread across the country.

Bitcoin has become the legal standard in El Salvador In September 2021, but this decision was heavily criticized. Since then, skeptics and opponents of cryptocurrency both at home and abroad have criticized the decision.

By 2021, the government has decided to install around 200 vending machines Encourage Bitcoin adoption. Thus, in terms of the number of these machines, the country has reached the third place in the world, behind the USA and Canada. But, since then Spain, Australia and Poland have overtaken it.

Also, in August last year, it was reported The country’s Bitcoin ATMs were ’empty’ Less than a year after their launch.

Switzerland is next to El Salvador on the list. With 155 vending machines installed in the country, it ranks a relatively distant 7th.

Australia in particular has seen significant growth in the number of these vending machines. And registered a real boom within a year and a half. 49 ATMs have been installed in the first days of this year. By December 2022, 33 were added to the total number of ATMs in the country, 31 in November and 35 in October.

In the last four months, more ATMs have been installed than in the country’s history. And, as the graph below clearly shows, it takes four consecutive months. A total of 148 ATMs have been installed in four months. This is 64 machines less than the total number of machines installed in El Salvador.

in some There are 38,611 cryptocurrency ATMs installed worldwide, 94.4% are in North America. According to this website, 86.9% of them are in the United States, and 6.6% in other countries Canada.

Home to Europe 3,9% of all cryptocurrency ATMs, Asia has 0.8%. Oceania 0.6%, South America 0.3% and Africa 0.1%.

Spain “European Capital of Crypto ATMs”. It has 0.6% machines, followed by Poland, Romania and Switzerland, each with 0.4% machines. The leaders in South America are Colombia and Brazil, each with 0.1% of distributors.

In Africa, South Africa ranks first, with 19 machines or less than 0.1%. It is followed by the United Arab Emirates with three distributors and Nigeria with two distributors.

According to the Coinatmradar.com website, there are 92 fewer ATMs in the world. January 1, 2023. Nevertheless, there has been a significant increase in the adoption of these types of ATMs in the last couple of years, especially since the beginning of 2021.

According to the same website, Top 10 countries operate 26,177 cryptocurrency ATMs or 67.8%. 12,434 cryptocurrency ATMs or 32.2% operate in another 589 countries.

Learn More: