Buy Bitcoins at Bitcoin ATMs

Bitcoin ATM Market Dynamics May 2023

The price of Bitcoin in May followed a downward trend. The month started with a value of $29,264 and dropped slowly until the end when it hit $27,704. When we compare the two prices we can notice that the end price was 5.3% lower than the one at the beginning of the month.

The growth in Bitcoin ATM numbers continues to be between 1-2 %.

Period Start: 34608, Period End: 35266
Opened: 1507, Closed: 847, Net Growth: +660 (1.9%)

Change by Manufacturers

NameStartEndDiff
Genesis Coin60936824+731 (12%)
General Bytes972710079+352 (3.6%)
ChainBytes290351+61 (21%)
Bitstop21582216+58 (2.7%)
Shitcoins Club194208+14 (7.2%)
Coin Solutions6074+14 (23.3%)
Cambio745752+7 (0.9%)
Cryptocurrency ATM9097+7 (7.8%)
Freedom Gateway135140+5 (3.7%)
zzBit217221+4 (1.8%)
AML Software46+2 (50%)
Trovemat3837-1 (-2.6%)
Vault Logic1110-1 (-9.1%)
CoinCloud42654263-2 (-0%)
Covault205203-2 (-1%)
Lamassu658655-3 (-0.5%)
LightningXchange530527-3 (-0.6%)
Bytefederal982971-11 (-1.1%)
BitAccess74846910-574 (-7.7%)

Genesis Coin and General Bytes were again the most active manufacturers with 731 (12% increase) and 352 (3.6% increase) new machines respectively. ChainBytes followed with 61 new installations (21% increase).

Change by Operators

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

NameStartEndDiff
Athena Bitcoin527925+398 (75.5%)
Bitstop22152476+261 (11.8%)
Coinhub12321425+193 (15.7%)
Cryptobase271392+121 (44.6%)
CoinFlip Bitcoin ATMs39694050+81 (2%)
BTMmachines.com170244+74 (43.5%)
Olliv318376+58 (18.2%)
RockItCoin19701984+14 (0.7%)
Shitcoins Club194208+14 (7.2%)
Unbank393402+9 (2.3%)
BitNational138147+9 (6.5%)
Cash2Bitcoin.com780788+8 (1%)
Criptamat1218+6 (50%)
Freedom Gateway144149+5 (3.5%)
Crypto Lagoon1822+4 (22.2%)

The most active operator in May was Athena Bitcoin with 398 new machines (75.5% increase), followed by Bitstop with 261 new installations (11.8% increase) and Coinhub with 193 new machines (15.7% increase).

Change by Countries

NameStartEndDiff
United States2933229900+568 (1.9%)
Australia401462+61 (15.2%)
Canada26442659+15 (0.6%)
Poland174188+14 (8%)
Russian Federation6470+6 (9.4%)
Spain232237+5 (2.2%)
Slovakia6668+2 (3%)
Kosovo02+2
Puerto Rico3132+1 (3.2%)
Bulgaria3031+1 (3.3%)
Croatia1617+1 (6.3%)
Guatemala45+1 (25%)
Greece5453-1 (-1.9%)
Hungary4746-1 (-2.1%)
United Arab Emirates21-1 (-50%)
Cambodia10-1 (-100%)
Vietnam75-2 (-28.6%)
Czech Republic7471-3 (-4.1%)
Taiwan3323-10 (-30.3%)

The most active country is again the United States with 568 new machines in May (1.9% increase). Australia followed with 61 new installations (15.2% increase), while Canada added 15 new devices (0.6% increase).

We are sad to notice that the only Bitcoin ATM in Cambodia was removed.

Cryptocurrencies Support

Find the latest stats on various cryptocurrency machines here.

Cryptocurrencies support saw the following changes over the past month:

NameStartEndDiff
Bitcoin3409735255+1158 (3.40%)
Bitcoin Cash1042211284+862 (8.27%)
Altcoins2187922596+717 (3.28%)
Ether1893219596+664 (3.51%)
Litecoin2011520613+498 (2.48%)
Dogecoin1203012105+75 (0.62%)
Dash23412409+68 (2.90%)
Tether68476905+58 (0.85%)
Ripple465490+25 (5.38%)
Lightning BTC202224+22 (10.89%)
Zcash37893787-2 (0.05%)
Monero14591446-13 (0.89%)

The percentage of Bitcoin ATMs supporting any other cryptocurrencies than Bitcoin dropped a bit and is at 64.1%. The most added coins in May were Bitcoin Cash with 862 additions (8.27% increase), Ether with 717 additions (3.28% increase), and Litecoin with 498 additions (2.48% increase).

Summary

In May 2023, the Bitcoin price dropped. The addition of Bitcoin ATMs is still between 1-2%. Genesis Coin and General Bytes continue to be the most active manufacturers. The most dominant country is the United States. Bitcoin Cash was the most added coin besides Bitcoin.

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