2023declining in the first four months of crypto- ATMnetwork, in the past month only 1400 new ATMsadded.
Crypto money of the market The painful period he lived in triggered global adoption and use. Crypto ATMs, in particular, had begun to decline and decline due to the bear market. But in May, the addition of about 1,400 new machines to the crypto ATM network drew attention.
Crypto ATMs started to attract attention and expand again with the increase in May. This sharp rise also reversed the long-standing crypto ATM decline.
Crypto ATMs Started to Proliferate
Coin ATM Radar According to data from ”1, 1,397 new machines have been added to the global crypto ATM network. The data platform stated that in the first four months of 2023, about 6,000 crypto ATMs were a thing of the past. After such a slump, last month, crypto ATMs began expanding and relaunching.
In 2023, which entered the bankruptcy of FTX, the crypto pressures of the regulatory framework had reached a remarkable level. This has also triggered global crypto usage and adoption.
At the beginning of 2023, USAAnd Europe Crypto ATMs began to decline sharply in . However Australia, PolandAnd Spainthey have increased the number of crypto ATMs available in their home country.
Although crypto ATMs do not affect the crypto market based on price, they allow crypto users to convert their assets into fiat currency. This year, Australia became the third largest crypto ATM hub in the world with 223 new crypto ATMs.
In May, after all the painful processes 1,397 new crypto ATMs The addition of ‘ to the network drew attention. currently 35,069 crypto ATMs are in service.
