Buy Bitcoins at Bitcoin ATMs

Bitcoin ATM Market Dynamics January 2021

A New Year started with a Bitcoin price set at $28,983 which increased in value for the next 10 days when it passed the 40k mark. Later on, it faced some fluctuations until the month ended with a Bitcoin price of $34,318. When compared to the price at the beginning of the year, we can see that an increase of 18.4% was recorded.

The speed of bitcoin ATM installations maintained a stable rise of 7%.

Period Start: 13779, Period End: 14743
Opened: 1127, Closed: 163, Net Growth: +964(7%)

Change by Manufacturers

NameStartEndDiff
Genesis Coin51645596+432 (8.4%)
General Bytes38194016+197 (5.2%)
Coinsource9571091+134 (14%)
BitAccess13941461+67 (4.8%)
Bytefederal241280+39 (16.2%)
LightningXchange396422+26 (6.6%)
Lamassu597613+16 (2.7%)
Shitcoins Club112128+16 (14.3%)
Cryptocurrency ATM3348+15 (45.5%)
Bitstop378391+13 (3.4%)
ChainBytes4050+10 (25%)
zzBit7379+6 (8.2%)
Trovemat2930+1 (3.4%)
Vault Logic1516+1 (6.7%)
wBTCb2625-1 (-3.8%)
BBFPro1514-1 (-6.7%)
CoinLogiq86-2 (-25%)
Covault247242-5 (-2%)

The year is new, but the situation at the top of the Manufacturers list remains the same. Genesis Coin was the most active with 432 new machines (8.4% increase), followed by General Bytes with 197 new installations (5.2% increase). Coinsource was third with 134 new machines (14% increase).

Change by Operators

Operators who increased the number of machines by 4 or more over the past month:

NameStartEndDiff
Bitcoin Depot13941615+221 (15.9%)
CoinFlip Bitcoin ATMs14071507+100 (7.1%)
Coinsource587684+97 (16.5%)
Cash2Bitcoin.com260340+80 (30.8%)
Bitcoin of America630694+64 (10.2%)
CoinCloud13211380+59 (4.5%)
Localcoin294345+51 (17.3%)
Byte Federal, Inc.241280+39 (16.2%)
RockItCoin768800+32 (4.2%)
ATM Coiners354384+30 (8.5%)
DigitalMint417443+26 (6.2%)
Shitcoins Club112128+16 (14.3%)
American Crypto Bitcoin ATM116130+14 (12.1%)
Bitstop464477+13 (2.8%)
Digital Cash 2 Go, Inc.4860+12 (25%)
Cottonwood Vending6879+11 (16.2%)
Unbank151161+10 (6.6%)
Bitcoin Well96104+8 (8.3%)
HoneyBadger128134+6 (4.7%)
Cryptobase7379+6 (8.2%)
Coinhub1217+5 (41.7%)
BitNational7579+4 (5.3%)
HILT6367+4 (6.3%)
HODL Bum5155+4 (7.8%)

Bitcoin Depot was again the most active Operator with 221 new machines (15.9% increase). CoinFlip Bitcoin ATMs was second with 100 new installations (7.1% increase) followed by Coinsource with 97 new machines (16.5% increase).

Change by Countries

NameStartEndDiff
United States1121012087+877 (7.8%)
Canada10241093+69 (6.7%)
Ukraine1621+5 (31.3%)
Spain97101+4 (4.1%)
Belgium3438+4 (11.8%)
Austria142145+3 (2.1%)
Turkey36+3 (100%)
Hong Kong6264+2 (3.2%)
Romania5961+2 (3.4%)
Germany4850+2 (4.2%)
Ireland2628+2 (7.7%)
Australia1921+2 (10.5%)
Bulgaria1315+2 (15.4%)
Croatia89+1 (12.5%)
France34+1 (33.3%)
Switzerland9998-1 (-1%)
Italy5352-1 (-1.9%)
Slovakia5251-1 (-1.9%)
Russian Federation5150-1 (-2%)
Netherlands2019-1 (-5%)
Mexico98-1 (-11.1%)
Colombia4037-3 (-7.5%)
United Kingdom227221-6 (-2.6%)

North America continues to dominate in 2021, with the United States being by far the most active country of course. In January they had 877 new machines (7.8% increase). Canada had 69 new installations (6.7% increase). Ukraine followed with 5 new machines (31.3% increase).

Cryptocurrencies Support

Find the latest stats of various cryptocurrency machines here.

Cryptocurrencies support saw the following increases over the past month:

NameStartEndDiff
Bitcoin1366614733+1067 (7.81%)
Altcoins92039885+682 (7.41%)
Litecoin89549624+670 (7.48%)
Ether79458470+525 (6.61%)
Bitcoin Cash42114415+204 (4.84%)
Dash26422768+126 (4.77%)
Tether502549+47 (9.36%)
Zcash97100+3 (3.09%)
Dogecoin7475+1 (1.35%)
Lightning BTC1011+1 (10%)
Monero188186-2 (1.06%)
Ripple154122-32 (20.78%)

The percentage of Bitcoin ATM’s supporting any other cryptocurrencies than Bitcoin increased a bit and is now at 66.8%. Litecoin continues to be the second most added coin in 2021 with 670 additions (7.48% increase) again followed by Ether with 525 additions (6.61% increase) and Bitcoin Cash with 204 additions (4.84% increase).

Summary

At the beginning of 2021, we noticed an increase in the price of Bitcoin. Genesis Coin and General Bytes are again the most active Manufacturers. The United States installed the most machines. Litecoin is still the most adopted coin apart from Bitcoin.

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