The amount of Bitcoin ATMs in Canada had more than doubled between July 2021 and July 2020, as cryptocurrencies gained in popularity. This figure has risen significantly over the past years from only 58 ATMs as of March 2015. In total, approximately 83 percent of global ATMs were concentrated in North America. As far as Bitcoin ATMs are concerned, there are two main types of such ATMs: the basic ones, allowing the users only to purchase Bitcoins, and more complex ones, enabling the users both to buy and sell the virtual money. In case of complex ATMs, only the members of a particular ATM producer can use the ATM. As of July 2020, the main manufacturers of the Bitcoin ATMs were Genesis Coin, and General Bytes, with 34.6 percent and 30.3 percent of the market share, respectively.
Number of Bitcoin ATMs in Canada from March 2015 to July 2021
All figures provided are self-reported to the source by operators. This potentially means gaps exist, as large operators or even many small(er) operators may not report their ATMs to this source.
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Coin ATM Radar. (July 19, 2021). Number of Bitcoin ATMs in Canada from March 2015 to July 2021 [Graph]. In Statista. Retrieved December 23, 2024, from https://www.statista.com/statistics/1143084/number-bitcoin-atms-canada/
Coin ATM Radar. "Number of Bitcoin ATMs in Canada from March 2015 to July 2021." Chart. July 19, 2021. Statista. Accessed December 23, 2024. https://www.statista.com/statistics/1143084/number-bitcoin-atms-canada/
Coin ATM Radar. (2021). Number of Bitcoin ATMs in Canada from March 2015 to July 2021. Statista. Statista Inc.. Accessed: December 23, 2024. https://www.statista.com/statistics/1143084/number-bitcoin-atms-canada/
Coin ATM Radar. "Number of Bitcoin Atms in Canada from March 2015 to July 2021." Statista, Statista Inc., 19 Jul 2021, https://www.statista.com/statistics/1143084/number-bitcoin-atms-canada/
Coin ATM Radar, Number of Bitcoin ATMs in Canada from March 2015 to July 2021 Statista, https://www.statista.com/statistics/1143084/number-bitcoin-atms-canada/ (last visited December 23, 2024)
Number of Bitcoin ATMs in Canada from March 2015 to July 2021 [Graph], Coin ATM Radar, July 19, 2021. [Online]. Available: https://www.statista.com/statistics/1143084/number-bitcoin-atms-canada/