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Cryptocurrency News Articles
Bitcoin ATM Installations in Europe Hit All-Time High, New Machine Appears Every Day
May 03, 2025 at 02:06 am
Bitcoin ATM installations in Europe are at their all-time high, the latest tracking data shows, with a new machine appearing every day on average.
Bitcoin ATM installations in Europe are at their all-time high, the latest tracking data shows, with a new machine appearing on average every day.
The Old Continent is yet to catch up with the New World in terms of totals, but it has seen an almost constant increase in numbers since the launch of its first crypto teller machine over a decade ago.
Europe’s crypto ATM numbers hit all-time high
Automated teller machines (ATMs) supporting cryptocurrency transactions have reached their highest number in Europe this year, according to information gathered by the crypto ATM tracking platform Coin ATM Radar.
As of the beginning of May, there were 1,767 active Bitcoin ATMs across the region, as per the locations listed on the website. The total, which is higher since April and March, indicates that over 100 new crypto ATM sites have been added this year.
Differing in purpose from traditional bank ATMs, a Bitcoin teller machine (BTM) allows users to buy, and in many cases sell as well, BTC, ETH, LTC, and other cryptocurrencies with fiat cash, providing a simple, accessible gateway to the world of digital assets.
The data compiled by Coin ATM Radar suggests that the first cryptocurrency ATM in Europe was launched toward the end of 2013. According to reports by CCN, the machine was installed in December of that year in Bratislava, the capital of Slovakia.
Since then, the continent has seen a relatively steady rise in BTM numbers despite the market ups and downs throughout the years. The devices almost tripled between January 1, 2018 (431) and January 1, 2020 (1,215), the steepest increase in the past decade.
Europe currently accounts for 4.6% of all registered crypto ATM locations around the world. Spain has the highest concentration with 326 machines, followed by Poland with 225. Italy is third, with 204, while Germany ranks fourth with 178. Romania completes the European top 5 with 146 BTMS.
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Another Bitcoin ATM installed in Europe every day
Crypto ATM installations have been maintaining a steady pace across Europe, and Coin ATM Radar shows that a new Bitcoin machine has been launched every day on average in the past week, with numbers sometimes reaching two a day in the past couple of months.
Meanwhile, figures provided by Statista indicated that the global number of BTMs has decreased by over 2.4% between May 2024 and May 2025. The German online data-gathering platform also said that “as of May 1, 2025, there were over 38,299 Bitcoin ATMs all over the world.”
The total stands at 38,328, according to Coin ATM Radar, which registered an increase of under 1% in March. Its tracking covers devices from more than 350 operators in nearly 70 countries and manufactured by 40 different companies.
Both sources agree that North America boasts the highest number of active BTMs. According to Statista, 83% of all crypto ATMs were located there as of February, with the United States accounting for most of them. Coin ATM Radar puts the U.S. number at more than 30,000 units and that of Canada at a little over 3,500. It claims the continent hosts almost 89% of the world’s total.
America’s share may increase further in the crypto-friendly regulatory climate promised by the current U.S. administration. As an example, a Texas lawmaker from the Republican Party proposed the installation of crypto ATMs in federal buildings.
At the same time, Bitcoin ATM operators in Europe, among other providers of services offering anonymous exchange between crypto and cash, may be affected by upcoming stricter anti-money laundering rules in the European Union.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
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