Record Number of Bitcoin ATMs Installed in February Across the World

As the exchange rate for bitcoin climbed to an all-time high of $1220 in February, so has the number of BTMs (Bitcoin Teller Machines) across the globe.

Data from CoinAtmRadar shows that 68 new BTMs were installed in various countries this month, bringing the total amount of operational BTMs to 1028:

A large percentage of all BTMs are found in North America, particularly in Canada (140) and the United States (645). The second-highest monthly growth figure was recorded in August of last year, when 63 new teller machines came online.

In the United States, a large portion of BTMs are located in the big cities, according to CoinAtmRadar records; New York leads with 74; LA is home to 59; Atlanta has 62; Chicago comes in at 60; Washington has 43; Detroit has 35.

And in Canada, majority of BTMs are concentrated in the cities of Toronto (48), Montreal (35), Calgary (14) and Vancouver (18).

Based on readings from the last seven days, CoinAtmRadar calculates that 3.15 new Bitcoin ATMs are being installed on a daily basis!

Keypad photo by redspotted

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