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Author Topic: How many Bitcoin ATMs are in the world today?  (Read 633 times)
BIEX.com (OP)
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November 12, 2018, 07:23:40 AM
 #1

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?



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November 12, 2018, 07:31:17 AM
 #2

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.

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btyco
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November 12, 2018, 07:34:22 AM
 #3

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

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November 12, 2018, 07:38:30 AM
 #4

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.

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November 12, 2018, 07:49:08 AM
 #5

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.

Wow, you really have great opinion of bitcoin ATM!
BIEX.com (OP)
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November 12, 2018, 07:50:04 AM
 #6

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.


Really?! Do you know what is the max amounts of buying and selling?
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November 12, 2018, 07:52:59 AM
 #7

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

Yes, so it's really bring convenience!
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November 12, 2018, 08:06:13 AM
 #8

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.

Wow, you really have great opinion of bitcoin ATM!

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


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.


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

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.

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November 12, 2018, 09:20:55 AM
 #9

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?





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.
BIEX.com (OP)
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November 12, 2018, 10:14:54 AM
 #10

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?





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~
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November 12, 2018, 11:08:18 AM
 #11

I think the number is greater than 3K worldwide according to this article
https://bitcoinist.com/now-over-3000-bitcoin-atms-worldwide/
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November 14, 2018, 02:22:00 AM
 #12

The amount is limited to the number of Bitcoins in the machines wallet as well as potential financial regulation limitations in a given jurisdiction.
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November 14, 2018, 03:05:33 AM
 #13

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

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November 14, 2018, 05:59:24 AM
 #14

I think this number will continue to increase with increasing volume in the coming time as the demand for bitcoin trading will increase significantly.
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November 14, 2018, 06:33:10 AM
 #15

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
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November 14, 2018, 06:53:48 AM
 #16

The fee's suck.

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.

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

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

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BIEX.com (OP)
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November 14, 2018, 07:03:39 AM
 #17

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

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.
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November 14, 2018, 07:09:50 AM
 #18

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.
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November 14, 2018, 07:23:56 AM
 #19

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!!!
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November 14, 2018, 08:05:24 AM
 #20

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.

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