Despite the turbulent markets, crypto ATMs are on the rise

As you know, the crypto market has not been at its best in recent months, as we are still in a bear market that simply had to come after last year’s unprecedented growth. However, interest in cryptocurrencies remains high, and US crypto ATM provider Bitcoin of America speaks of a “rapid expansion” in 2022. Just three months ago, in March 2022, there were about 1,800 bitcoin ATMs across the country. The number has since grown by 38% to more than 2,500 today. The fact is that crypto-ATMs are becoming more and more popular, which is evident from their global growth only in 2022. However, they are expected to be regulated sooner rather than later.

“Bitcoin of America realized the importance of offering a wide variety of different cryptocurrencies and decided it was time to make the addition.”