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Australia Becomes The 4th Largest Crypto ATM Hub

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TRENDING GLOBALLY

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El Salvador, the first country to legalize Bitcoin, has fallen into yet another place in the total number of crypto ATM installations. 

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Australia now boasts 216 ATMs entering the year 2023.

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President Nayib Bukele installed over 200 crypto ATMs in El Salvador as part of his drive to make Bitcoin a legal currency.

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This move made El Salvador third in the world for crypto ATMs, after Canada and the United States, in September 2021.

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However, Australia and Spain overtook El Salvador's ATM count in 2022 ending.

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According to CoinATMRadar data, Australia has deployed 99 crypto ATMs in the past three months of 2022. 

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Australia had 219 active crypto ATMs as of January 1, 2023. This is more than El Salvador, which has 212 ATMs.

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Australia accounts for 0.6% of all global crypto ATM installations.

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At this rate, Australia is well-positioned and ready to take over Asia's 312 ATMs.

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There are 38,602 crypto ATMs in the world. 6,071 ATMs were added in 2022.

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