The Installation Rate of BTC ATMs Grows in October

According to Coin ATM Radar, the number of Bitcoin ATMs in the world rose by more than 200 units in October to 38,823 after a dip in September with minus 459 devices.

On October 29, 2013, Robocoin installed the first Bitcoin ATM in a coffee shop in Vancouver, Canada. In a week, 348 transactions worth more than $100,000 were made through the device.

This operator has ceased to exist, and the focus of distribution of Bitcoin-ATM has shifted to the United States, now the country accounts for 88% of the total. Only in October the number of devices in the US increased by 129 units from a global increase of 205 units.

Canada maintains the second line of the world ranking with a share of 6.6%.