Bitcoin Depot ATM

Bitcoin ATM Market Dynamics March 2020

In the midst of the Pandemic, the price of BItcoin took a downturn. March started with a Bitcoin price at $8,534 and rose for a few days after it started to drop significantly. The month ended at a price of $6,405 which is a 24.9% decrease when compared to the beginning of the month.

The number of new machines continued to grow at a relatively stable rate, unlike the price of Bitcoin.

Period Start: 7010, Period End: 7386
Opened: 484, Closed: 108, Net Growth: + 376(5.4%)

Change by Manufacturers

General Bytes21892302+113 (5.2%)
BitAccess532632+100 (18.8%)
Genesis Coin23652460+95 (4%)
Coinsource387407+20 (5.2%)
LightningXchange138150+12 (8.7%)
Bytefederal5768+11 (19.3%)
Bitstop9099+9 (10%)
zzBit5259+7 (13.5%)
Lamassu481487+6 (1.2%)
Shitcoins Club110112+2 (1.8%)
Trovemat2628+2 (7.7%)
RusBit2728+1 (3.7%)
ChainBytes2526+1 (4%)
Bitcoin D.A.V.E.1213+1 (8.3%)
Covault215214-1 (-0.5%)
BBFPro1615-1 (-6.3%)
BTC facil1211-1 (-8.3%)
CoinOutlet21-1 (-50%)

General Bytes took back the top spot on the manufacturers list with 113 new machines (5.2% increase). BitAccess was second with 100 new installations (18.8% increase) followed by Genesis Coin with 95 new machines (4% increase).

Change by Operators

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

CoinCloud497598+101 (20.3%)
CoinFlip Bitcoin ATMs484542+58 (12%)
RockItCoin291313+22 (7.6%)
Coinsource276296+20 (7.2%)
Bitcoin Depot582601+19 (3.3%)
Kurant7792+15 (19.5%)
Unbank7184+13 (18.3%)
Digital Mint166178+12 (7.2%)
Cash2Bitcoin.com7789+12 (15.6%)
ByteFederal LLC7384+11 (15.1%)
Bitcoin Station3243+11 (34.4%)
Quad Coin2434+10 (41.7%)
Bitstop177185+8 (4.5%)
Athena Bitcoin97105+8 (8.2%)
Bitbox ATM4350+7 (16.3%)
GetCoins107113+6 (5.6%)
HoneyBadger7783+6 (7.8%)
Coin Fellows2632+6 (23.1%)
National Bitcoin ATM183188+5 (2.7%)
HODL Bum1418+4 (28.6%)

On the Operators list in March CoinCloud was first with 101 new installations (20.3% increase). CoinFlip Bitcoin ATMs and RockItCoin followed by with 58 (12% increase) and 22 (7.6% increase) machines respectively.

We are glad to mention that PureCoin, a US-based Operator, installed its first 4 machines in Connecticut and New Jersey.

Change by Countries

United States48395194+355 (7.3%)
Canada704716+12 (1.7%)
Netherlands4247+5 (11.9%)
Switzerland8084+4 (5%)
Germany6569+4 (6.2%)
Hong Kong5457+3 (5.6%)
United Kingdom279281+2 (0.7%)
Ireland1618+2 (12.5%)
Ukraine1011+1 (10%)
Peru23+1 (50%)
Panama1514-1 (-6.7%)
Bahamas10-1 (-100%)
Austria142131-11 (-7.7%)

North America continues to dominate with the United States installing 355 machines (7.3% increase), followed by Canada with 12 new installations (1.7% increase). The Netherlands was in third place with 5 new machines (11.9% increase).

Sadly, the number of machines in Austria continues to drop. In march 11 machines were removed which was a 7.7% decrease.

Cryptocurrencies Support

Find the latest stats of various cryptocurrency machines here.

Cryptocurrencies support saw the following increases over the past month:

Bitcoin70007381+381 (5.44%)
Ether42514579+328 (7.72%)
Altcoins48995172+273 (5.57%)
Litecoin47565016+260 (5.47%)
Bitcoin Cash23532518+165 (7.01%)
Dash14701534+64 (4.35%)
Zcash8289+7 (8.54%)
Dogecoin6466+2 (3.13%)
Monero189190+1 (0.53%)

The percentage of Bitcoin ATM’s supporting any other cryptocurrencies than Bitcoin increased slightly and is now at 70%. Ether was the second most added coin in March with 328 additions (7.72% increase) followed by Litecoin with 260 additions (5.47% increase) and Bitcoin Cash with 165 additions (7.01% increase).


The price of Bitcoin experienced a significant decrease in March. General Bytes and BitAcces were the most installed machine brands. The United States is still the dominant country when it comes to Bitcoin ATM adoption. Ether was again the most adopted coin besides Bitcoin.

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