Poland added 10 new Bitcoin ATMs on January 27, bringing its total to 219 active machines, surpassing El Salvador to become the fifth-largest cryptocurrency ATM network globally, behind the United States, Canada, Australia and Spain. It has been done.
Poland has added 24 cryptocurrency ATMs to a four-month installation spree starting in October 2024. Numerous other countries, including current leaders Canada, Spain, and Australia, continue to see the number of local active cryptocurrency ATMs increase each month. Bitcoin ATM radar data.
Net change in the number of cryptocurrency machines installed and removed each month in Poland. Source: Bitcoin ATM Radar
El Salvador is lagging despite an impressive start.
While the United States and Canada dominate the global Bitcoin (BTC) ATM network with thousands of active machines, El Salvador was once the third largest in October 2022 after installing 215 machines to support Bitcoin adoption. It was a cryptocurrency ATM hub.
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However, Vietnam has not increased its existing production capacity. This is a move that contrasts with other major economies. Cointelegraph reached out to authorities in El Salvador to learn more about the country’s plans to expand Bitcoin adoption.
Poland, by contrast, installed 12 new ATMs in January alone, with more expected to be installed by the end of the month.
Top 10 countries with current Bitcoin ATM networks
To learn more about Bitcoin ATMs, how they work, and how to use them, check out Cointelegraph’s beginner’s guide.
Crypto ATMs do not have a direct impact on local Bitcoin adoption, but they provide grassroots exposure to citizens and help serve the unbanked. Although regulators have expressed concerns about the potential misuse of cryptocurrency ATMs for money laundering and terrorist financing, ATMs remain a key infrastructure for cryptocurrency accessibility.
There are currently approximately 38,100 active cryptocurrency ATMs worldwide, operated by 356 operators across 65 countries.
Australia has recorded the most consistent growth in cryptocurrency ATMs for nearly three years. The country joined the club of more than 1,000 Bitcoin ATMs in April 2024, along with the United States and Canada.
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