The number of bitcoin ATMs in Australia is growing. Today there are almost as many of them as in the whole of Europe. Interestingly, the upward trend has been going on in the country for over two years.
Australia is still massively installing bitcoin machines
Coin ATM Radar recorded an interesting phenomenon: over the last 29 months, an interesting trend regarding Bitcoin ATMs has been maintained in Australia. The point is to increase the number of installations of such machines. According to data from the platform, the country already has as many as 1,360 bitcoin machines on its territory, which translates into 3.5% of all such devices worldwide. Although this percentage seems low, Australia already ranks third in terms of the number of bitcoin ATMs in the world. There are almost as many Bitcoin ATMs there as in Europe, where you can currently use 1,660 devices.
However, most bitcoin ATMs are still located in the USA. There are 31,568 machines there, which translates into as many as 81.3% of all cryptocurrency ATMs in the world. Canada ranks second with 3,116 bitcoin machines (approximately 7.8% of the total market).
Due to the number of Bitcoin ATMs in Canada and the US, the North American region can boast of being behind over 90% of all Bitcoin ATMs in the world. Europe and Oceania each have around 4% of the devices, while Asia has only 0.9%. A total of 38,753 devices are installed worldwide.
In Poland, you can use 280 ATMs, which puts our country in 5th place in the world, after the USA, Canada, Australia and Spain (325). Behind us is, among others: El Salvador (215).
Beware of scammers!
As the number of bitcoin machines increases, the number of fraudsters using these machines also increases. The US Federal Trade Commission (FTC) has warned against this phenomenon. It reported that losses due to bitcoin ATM fraud exceeded $110 million in 2023.
In response to the threat of ATM fraud, American legislators sent letters to the largest market operators in the country, calling on them to deal with fraud, especially targeting the elderly.
You can buy Bitcoin and other cryptocurrencies in a simple and safe way on the zondacrypto exchange.