Buy Bitcoins at Bitcoin ATMs

Bitcoin ATM Market Dynamics January 2024

The year 2024 started with a Bitcoin price at $42,249 and experienced a nice jump in the first half of January, when it started to drop and reached $42,950 at the end of the month. When we compare the two prices, we can see that the price at the end of the month is just 1.6% higher.

The growth in Bitcoin ATM numbers continues to be about 1%.

Period Start: 34826, Period End: 35195
Opened:  760, Closed:  391, Net Growth:  +369 (1%)

Change by Manufacturers

NameStartEndDiff
BitAccess67576957 +200 (3%)
General Bytes1112611223 +97 (0.9%)
Genesis Coin86358688 +53 (0.6%)
Bytefederal11191164 +45 (4%)
AML Software372408 +36 (9.7%)
ChainBytes375381 +6 (1.6%)
Shitcoins Club261265 +4 (1.5%)
Ghostlab157159 +2 (1.3%)
Lamassu694695 +1 (0.1%)
Trovemat2322 -1 (-4.3%)
CoinLogiq54-1 (-20%)
Cambio682675-7 (-1%)
Bitstop28522786-66 (-2.3%)

The new year started with a new most active manufacturer. BitAccess had 200 new machines in January (3% increase), followed by General Bytes with 97 (0.9% increase) and Genesis Coin with 53 new devices (0.6% increase).

NameStartEndDiff
Bitcoin Depot 63066506 +200 (3.2%)
Byte Federal, Inc.11061149 +43 (3.9%)
Localcoin10141051 +37 (3.6%)
Coinhub18441872 +28 (1.5%)
Unbank539567 +28 (5.2%)
Cryptobase298320+22 (7.4%)
Kurant252272+20 (7.9%)
Olliv641660+19 (3%)
BTMmachines.com433450+17 (3.9%)
RockItCoin22232238+15 (0.7%)
Athena Bitcoin21402155+15 (0.7%)
Cash2Bitcoin.com796805+9 (1.1%)
Just Digital Coin609617+8 (1.3%)
Hodl Digital Services226232+6 (2.7%)
Bitcoin4U8792+5 (5.7%)
Shitcoins Club261265+4 (1.5%)

Bitcoin Depot was the most active operator in January with 200 new machines (3.2% increase), while Byte Federal, Inc. had 43 new devices (3.9% increase), followed by Localcoin with 37 new installations (3.6% increase).

Change by Countries

NameStartEndDiff
United States2880029071+271 (0.9%)
Australia795853+58 (7.3%)
Germany145166+21 (14.5%)
Canada28082821+13 (0.5%)
Hungary6467+3 (4.7%)
New Zealand2426+2 (8.3%)
Spain258259+1 (0.4%)
Slovakia8182+1 (1.2%)
Czech Republic7273+1 (1.4%)
Netherlands3637+1 (2.8%)
Greece3334+1 (3%)
Panama2930+1 (3.4%)
Taiwan1920+1 (5.3%)
Dominican Republic1617+1 (6.3%)
Ukraine1213+1 (8.3%)
Costa Rica67+1 (16.7%)
Peru45+1 (25%)
Austria112111-1 (-0.9%)
Puerto Rico4443-1 (-2.3%)
Kazakhstan10-1 (-100%)
Hong Kong155153-2 (-1.3%)
Colombia3937-2 (-5.1%)
Switzerland126123-3 (-2.4%)

The United States continue to carry the bitcoin adoption in 2024 with 271 new machines (0.9% increase). Australia was second most active in January with 58 new devices (7.3% increase), while Germany had 21 new installations (14.5% increase).

We are sad to notice that Kazakhstan had the only machine removed. Hopefully this will change in the future.

Cryptocurrencies Support

Find the latest stats on various cryptocurrency machines here. Cryptocurrencies support saw the following changes over the past month:

NameStartEndDiff
Bitcoin3361735185+1568 (4.66%)
Altcoins2061321038+425 (2.06%)
Bitcoin Cash84698874+405 (4.78%)
Litecoin1829618666+370 (2.02%)
Ether1778618113+327 (1.84%)
Dogecoin87348885+151 (1.73%)
Dash10161140+124 (12.20%)
Tether43304447+117 (2.70%)
Lightning BTC12651312+47 (3.72%)
Ripple14911535+44 (2.95%)
Monero15431585+42 (2.72%)
Zcash127121-6 (4.72%)

The percentage of Bitcoin ATMs supporting any other cryptocurrencies dropped and is now at 59.8%. The most added coins in January were Bitcoin Cash with 405 additions (4.78% increase), Litecoin with 370 additions (2.02 increase), and Ether with 327 additions (1.84% increase).

Summary

In January 2024 the price of experienced a small rise. The addition of Bitcoin ATMs continues to move around 1%. The most active manufacturers were BitAccess and General Bytes. The United States continue to dominate the Bitcoin ATM adoption. Bitcoin Cash was the most added coin besides Bitcoin in January.

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