With nearly 3,000 Bitcoin ATMs worldwide, the future looks good for cryptocurrency. Over half of those machines reside in the US, which will not surprise anyone. Despite the lack of an open mind toward cryptocurrency, New York remains the most popular city. Chicago is quickly catching up, though.
Thankfully, the situation is evolving in Europe as well. Bitcoin ATMs are becoming more commonplace in Europe, with Austria being the most popular region. One would expect Malta to be a popular destination as well, yet the island nation has just three Bitcoin teller machines. That is still one more than France, a country which isnt too crypto-friendly at this time.
The big question is how this landscape will evolve. Consumers all over the world want to access cryptocurrencies. Bitcoin ATMs are a good way to do so, despite some high fees. It is the price one pays for this convenience. Even so, an average fee of 8% worldwide is still quite steep, Compared to regular exchanges, these teller machines arent all that approachable in this regard.