The first cryptocurrency ATM was installed in a coffee shop in Vancouver in 2013 and, according to data from coinatmradar.com, there are now 3502 Bitcoin$7111.11 -0.36% ATMs in operation globally.
Over half of current cryptocurrency ATMs support at least one altcoin as well as Bitcoin$7111.11 -0.36%. 49% offer Litecoin transactions and 32% offer Ethereum. The average fee for using a cryptocurrency ATM transaction is around 8%.
Cryptocurrency ATM makers are thriving, opening up a further new channel for cryptocurrency investors and capital inflow to the cryptocurrency ecosystem.
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