Bitcoin Forum

Another milestone for bitcoin ATMS has been reached with 4,000 of these devices accessible on a global scale.

Currently 6 Bitcoin ATMs go online every day! Has anyone used a Bitcoin ATM?

So you know how many there are and we should discuss using them or something?

The fee's suck.

Sometimes the fee's aren't even told to buyers sometimes until they're at the actual location. Then you find out its at 8% fee and have to leave.

There will be a better solution for buying and selling bitcoin than ATM's in the future if the fee's aren't dramatically lowered and they aren't in random locations in 1 or 2 cities everywhere.

It has a high fee but you can use it anonymously and easily. Many are willing to pay that for those benefits which can't be found online

Limited amounts can be bought and sold with SOME ATM's.

Agree that it does have a real value, the anonymity factor isn't always available though.

Wow, you really have great opinion of bitcoin ATM!

Really?! Do you know what is the max amounts of buying and selling?

Yes, so it's really bring convenience!

I've read the other threads about how much people dislike bitcoin ATM's rather than start a new thread here like you did...

https://bitcointalk.org/index.php?topic=2582075.0



500EUR without ID, so almost .1 BTC can be purchased anonymously, from what people said in the other thread.

2000USD in the US so closer to .3 might be possible if you live in the right area and don't mind the fee's.

They aren't a convenient or the cheapest way to buy bitcoin but they have a purpose if people are lucky enough to live in an area that only charges 1%-3% fee's. These are rare though and almost always require ID if it's not a certain ATM type.

Looking forward to see one in our place. I would definitely test it out and see how awesome this technology is. Really loved the idea of great convenience when we talk about bitcoin ATMs.

Kudos to every inventors of these new innovations for they really made our lives easier and worthwhile.

Which district do you live bro~

I think the number is greater than 3K worldwide according to this article
https://bitcoinist.com/now-over-3000-bitcoin-atms-worldwide/

The amount is limited to the number of Bitcoins in the machines wallet as well as potential financial regulation limitations in a given jurisdiction.

I have seen like 10 bitcoin ATM machines in New York and 7 in Atlanta. The United States is the first country with most of this machines (more than 1960) and Canada comes in 2nd place with more than 540 machines. Countries like Panama and Argentina and Chile are starting to get this machines so we can be excited and we can travel to those countries and have local currency in no time. For more information check https://www.cnbc.com/2018/05/31/bitcoin-atms-in-america-and-around-the-world.html

I think this number will continue to increase with increasing volume in the coming time as the demand for bitcoin trading will increase significantly.

this is a very practical way with the emergence of a bitcoin atm that has operated now so we can use it as a new transaction and for that we can also promote the bitcoin atm to crypto users who don't know it yet

Oh yeah that's why I don't mind to look for one, like even there will be one I just forget it. Paying for 6.5% for buying and selling of bitcoin is just stealing my money and besides I still prefer to use exchange sites rather than going outside.


You can buy and sell with $5000 maximum amount but it depends on bitcoin ATM company.

It seems that the penetration rate of bitcoin ATMs in the America is very high. In the future it can indeed provide us with more convenience.

The world is growing more and more. Especially at the airports was seen. I've seen a list of the latest +1500 ATMs. I saw this list 3-4 months ago. I'm guessing that today's number has increased.

Yes, exactly!!!

I don't know the exact number of ATMs which have been installed already throughout the world. But it is increasing tremendously in the world especially in the first world. It means an investor can transactions easily but so far I know it is a Little bit costly but really appreciatable which lead a new revolution for bitcoin development.

bitcoin still not have in our country and I think it is not available in worldwide.  only few country have ATM of bitcoin. around 3k atm have worldwide according to articles.

Oh its interesting thread! I hope bitcoin banks will build in our country also. We have thousands of user in my country, these users want also to experience bitcoin banks probably. In fact, in telegram community, we discussed having a bitcoin ATM so that we can release our money once it needed. I hope in the next years bitcoin ATM will be popular and built in each country around the world.

That is no such big number.
Maybe I'm wrong but I have the feeling that Bitcoin ATMs are not so popular as they used to be and that bitcoiners don't use them so much anymore.
At least that is the case in my country. Couple years ago ATMs started to appear everywhere but now for a long time there are no new ones. I think that users have other ways to get Bitcoin or exchange it to fiat money.

i dont know the exact number, but as i know when bitcoin is become more popular and more popular it will makes the bitcoin atm is popular in the public, its mean the supply of the bitcoin atm is increasing

Is there anyone who can say surely the exact number of Bitcoin ATMs in the world?dont know ,for this moment maybe, but very soon there will be so much  noone could do it.

I live in a country that prohibits bitcoin, so bitcoin ATMs are difficult to access. even to make small bitcoin transactions is very difficult.

I think, Singapore is one of the countries that created ATMs, there are lots of bitcoin ATMs, and Singapore ATM products have been sold to several countries that legalize bitcoin, such as the USA, Venezuela, Argentina, England, Japan and others.

There is no need to rely on static articles which get quickly outdated. There is this page for tracking bitcoin ATMs worldwide: https://coinatmradar.com/

The last time i read an article it is exactly 4000 machines all over the world.
This is a good number as of now and we are looking for more numbers to come.
Innovation in the world is really great, people are more aware now on the capability of BTC and alts for their lives.

I used it once at a conference just to try and understand how it works, but in the current realities of the world, it is very difficult to implement ATMs. In some countries, the special services simply take these ATMs and move them in unknown direction

I really don't know that, but in my country, it is located in Bali with a bitcoin ATM. and whoever uses it
I think that in the future bicoin ATMs will be present in all countries except those that prohibit countries that illegalize it like China.

I do not have such statistics on Bitcoin ATMs, but in my country, if there is one, then these are single instances in large cities.

Great resource, but data there isn't updated regularly. You can find not working atms or services, which are not connected online

even I have never tried to use it, so it is a shame to attract bitcoin especially on ATM machines. I think bitcoin is an important asset that can grow instantly and vice versa.
but the bitcoin ATM function can be an alternative when someone needs fast funds.

You don't have to feel bad for not using a Bitcoin ATM we should be happy that we don't have to use one because additional fees on ATMs are much higher compared to BTC exchanges that would only charge you for as low as 1% or even less(depending on the payment method).

No one can determine the exact number but coinatmradar's website (https://coinatmradar.com/) shows a rough estimate of how many there are in the world

Really want to use bitcoin ATM but it's not available yet in my country.
Do we need offline wallet to use it ?

I'm curious about Bitcoin ATMs because I've never used it. Maybe I will not be able to use it because my country bans Bitcoin. I wonder what the maximum withdrawal amount is.
However, I think Bitcoin has a virtual value, so will we take the dollar? And when we enter the wallet with a QR code or any other platform?

https://bitcointalk.org/index.php?topic=5051416.msg47911263#msg47911263
In this post, there are more than 100,000 bitcoin ATMs in the US. It means the number of BTC ATMs must be very large.

There are some in Malta~ It will increase the number around the world! Need times~

Well it is the best information I could find on the subject, I agree it may be out of date but on the other hand they seem to at least try to do their best to update the info (click View Listing page - there you get the details, the status of the given ATM plus contact info to operator. I agree it might be reasonable to at least call the operator before going to the ATM if it is not a walk disctance).

EDIT: also, they rely on user feedback and everybody can report the ATM as non-operational

This is interesting, never thought it has a lot of atms worldwide. Maybe there are countries still not accepting bitcoin bit the boom of easily accesed atms are possible. In our country i only know one atm existed. And it has a very good location to be placed due the area is a business district. I dont have the chance to see it in person but i already saw it in social media. Bitcoin enthusiasts take selfie from it and i feel proud that we have one atm. But this atms has a high fee for transactions, so somehow people will not use it as of now.

I do not know the exact number but I think that number will increase a lot compared to last year because the demand is increasing.

The demand for Bitcoin is huge, so the number of ATMs will increase. My country, where large ATMs are installed everywhere, but in my village is not.

I use ATM's when I am going to en-cash my Bitcoin but here in our country, it is not only for Bitcoin purposes. Banks use ATM's for us to en-cash our Bitcoin through their ATM's and it is already converted into fiat which is convenient for all of us who uses it. First, we need to open our bitcoin wallet in our cellular phones before we need to transfer money from the bank and en-cash through ATM's and we are the ones who will decide, how much do we want to en-cash.

bitcoin isnt really popular yet which simply means there is also a less number of bitcoin atm's at the moment  but this can still be improved in the future when all of the countries will start legalizing the use of bitcoin in any transactions including offline shopping  . in the mean time you are only welcome to use the regular atm's for withdrawing cash [ if ever there's no btc atm on your town ]  because most of the banks these days are now already partnered with bitcoin  .  

Thats right. of course the number of ATMs will increase along with the increasing number of existing bitcoin users. in my own country there are already 2 bitcoin ATMs and I hope in the near term third-party developers want to make it in all cities in the world

WOW, really happy to see you guys discussed actively! ;D