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El Salvador Is Third in Global Bitcoin ATM Installations

The US, Canada, and El Salvador are the countries with the largest network of crypto ATMs installed – El Salvador represents 70% of all crypto ATMs installed in South America.

Data from Coin ATM Radar shows that El Salvador has surpassed the UK in the total number of crypto ATMs after it installed 205 crypto ATMs meant to enable local BTC transactions and BTC to US dollar conversions.

El Salvador has installed 201 ATMs in only one month. Before August, the country occupied the 43rd place in the world as it had only four functional crypto ATMs.

Around the world, there are 27,664 active machines, with 2,790 having been added just this month. On average about 63.7 ATMs are installed around the world daily.

Genesis coin takes the lead with a market share of 40.7% in crypto ATM manufacturing, followed by General Bytes with 22.7% and BitAccess with 12.7%.

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