- waiting for first trade... - - https://file.army - Each trade results in a bitcoin being sent from the currency counter in red to the country on the map.The current value in bitcoin is listed in green and plotted across the map.The last exchange rate for each currency is listed in @purple and updated for each trade.Data from BITSTAMP, BTCChina, BTC-E, Bit2c, Mercado Bitcoin BR, Local Bitcoins, OKCoin, BTCTrade, Huobi China, bitx.co.za, Cavirtex, Bitfinex, GeminiBitcoin ATM map By using our map you can find bitcoin or other cryptocurrency ATM locations as well as various alternative crypto-cash exchange services.1295 Bitcoin ATMs 36347 Other services 56 Countries 21 Producers 223 Operators Do you want this map on your website?Contact us for details.Know of a bitcoin ATM missing on the map?With the recent price surge in Bitcoin I’ve been getting a lot of questions about buying Bitcoins with cash.For those of you who aren’t familiar with Bitcoin ATMs it’s basically a physical machine that allows you to deposit fiat money (i.e.

and withdraw Bitcoins straight to your Bitcoin wallet.Here’ a short example of how it works: Today I want to show you the complete list of Bitcoin ATMs around the world courtesy of CoinATMRadar.ios bitcoin faucetJust find your location and see where is the nearest location you can get Bitcoins.ethereum lendingSome ATMs allow you also to deposit Bitcoins and withdraw cash.ethereum value trackerSo if you’re looking to cash out on your early Bitcoin investments this is also a good solution.Each ATM takes a certain commission from the exchange and it varies, so make sure you’re aware of the fees before starting out.The map above also allows you to search for Altcoin ATMs if you want to buy/sell other cryptos.If you’ve had any experience with using Bitcoin ATMs I’d love to hear it in the comment section below.

About Latest Posts Latest posts by Ofir Beigel (see all) [Review] Changelly VS ShapeShift– The “Instant” Cryptocurrency exchanges “Bitcoin and Ethereum…both soon obsolete” – James Ricakrds | $2623.69 “Why Bitcoin Can’t Serve As A Currency” – Seeking Alpha | $2345.56One of the most confusing parts of buying bitcoins from ATM is understanding how the coins get transferred to your control.This is especially confusing for new users and first-time buyers.This post will aim to help make this process more clear for you before you make your way to a bitcoin ATM.In most cases, ATMs ask you to scan a QR code of a Bitcoin address.This is where the bitcoins will be delivered to after you deposit cash.So, all you really need to do is figure out how to access the receive screen of your wallet that shows a Bitcoin address and corresponding QR code.We’ll show you how to do this using 2 iOS wallets and 2 Android wallet as examples.Even if the wallet you use isn’t featured in this post, know that the process will be very similar.

Mobile Wallets for iOS Breadwallet Continue reading May 2017 was a great month for all cryptocurrencies growth.Bitcoin also grew substantially in price ($2400 at the end of May).This has driven a lot of new demand and new users to cryptocurrency world.New traffic to existing bitcoin ATMs incentivized new installations.Here is the stats for May 2017: Period Start: 1158, Period End: 1236 Open: 95, Closed: 17, Net Growth: Continue reading Los Angeles is a conglomerate of various bitcoin ATMs, which are operated by plenty of different operators.If you are in any district of the city, it is likely there will be a bitcoin ATM nearby.Find all bitcoin ATM locations in Los Angeles.Los Angeles currently has 80 bitcoin ATMs installed.After NY with 86 machines, LA is the second largest conglomerate with respect to number of installed bitcoin machines.Continue reading During April 2017 bitcoin continued to increase in price, and reached ATH ~$1400 by the end of the month.

Such price increase definitely led to hype in bitcoin demand.As bitcoin ATMs are one of the easiest ways to purchase bitcoins, usage of bitcoin machines also reportedly increased.To some extent it led to growth of number of bitcoin ATMs installed.The following statistics illustrate changed bitcoin machines number during April 2017: Period Start: 1113, Period End: 1156 Open: 63, Closed: 20, Net Growth: Continue reading Bitcoin ATM industry is relatively new, however, it develops very dynamically.There are many new players entering the market, at the same time there is definitely a trend of some major participants increasing their machine networks size.In this article we evaluate how high is the concentration in bitcoin ATM industry w.r.t.For assessment we look at top 3 countries with highest number of bitcoin ATMs installed: United States of America, Canada and United Kingdom.Concentration indexes For the purpose of this article three types of indexes are used: Concentration ratio 3 (CR3) – market share controlled by top 3 manufacturers or operators; Concentration ratio 5 (CR5) – market share controlled by top 5 manufacturers or operators; Herfindahl index – is a concentration index, which is calculated as a sum of squared market shares, and gives more weight to the situation with dominance of a single or small group of companies.

Continue reading With a trend of growing number of bitcoin machine installations worldwide many business owners start to consider hosting a bitcoin ATM at their premises.This post is supposed to help take a decision about how to house a bitcoin machine.Generally there are several ways of doing it: Organizing all on your own and later on also self operating machine(-s); Finding someone who will be ready to finance and install machine at your location; Some options in between the above two scenarios.Operating bitcoin machine on your own When not to pursue… The first option is rather a tedious task.Running a bitcoin ATM is a separate business by itself.In order to run a machine one should do all preliminary research work, e.g.finding out what is the legal status of such a business in the area and which licenses are required, then generally obtaining all permissions to do it within legal framework, which is usually time requiring and costly process.Apart from initial investments in legal advice services and obtaining permission, and then investment in machine hardware itself, business owner also will need to organize and maintain running of a bitcoin ATM on ongoing basis.

This means to provide liquidity for bitcoin machine operations, and also organize the exchange process and provide all connected services, e.g.Continue reading The United Kingdom is the third largest country with respect to the number of installed bitcoin ATMs, following after the U.S.and Canada, which are significantly larger both geographically and population-wise.The United Kingdom is a home for 60 bitcoin ATMs at the time of writing.The vast majority of the U.K.’s bitcoin machines — 45 bitcoin ATMs in total — are located in London, a global epicenter for multi-culturalism.These ATMs are represented by various ATM producers, with leading General Bytes (64%), but also Lamassu (22%) and BitAccess (11%).The main operators in London are Satoshi Point (42%), BCB ATM (16%), Bitins (13%) and Landmark Coins (11%), which combined represent more than 80% of all bitcoin machines in London.You can find a map with London bitcoin ATM locations below in this post.Bitcoin ATM locations in London are very dispersed with some machines placed in the city center (districts like Soho, Fitzrovia), and plenty machines are  scattered around the city and in suburbs.

Continue reading In this post we look at how operators can organize supply of bitcoin ATMs with liquidity.For simplicity purpose only buy bitcoin transactions (sell bitcoins to customers) are considered.When running a bitcoin machine every operator needs to provide it with liquidity.Usually this is done via using own capital (fiat and BTC) in order to fund hot wallet (from where bitcoins are sent to customers) or additionally holding some liquidity on bitcoin exchange (fiat currency liquidity), which is converted to BTC when transaction happens to lock exchange rate and laterto replenish hot wallet for future transactions.You can read more details about it in Running bitcoin ATM from own hot wallet or Operating bitcoin ATM via exchange.Continue reading While bitcoin price fluctuates around $1000, on 16th February total number of bitcoin ATMs installed in the world reached 1000 locations.This is perfectly in line with our rough prediction made more than two years ago based on comparison of traditional bank ATMs growth in its infancy with bitcoin ATMs growth.

Continue reading Another year has finished.Now it has been a little more than 3 years since first permanent bitcoin ATM installation in Vancouver.What has year 2016 year brought to bitcoin ATM industry, what has changed, what are the latest trends… Geography Bitcoin ATMs are installed around the world, however, most of them have high geographic concentration.The following chart illustrates bitcoin ATM installations split by continents for the last 3 years (year end is taken as a data point for each year): Latest data can be found on the charts page.As it is seen North America was always dominating the market with 51% share in the end of 2014, and it grew constantly over years and reached 73% in the end of 2016.Due to expansion of Canadian and mostly US market, Europe has lost 9% share over the same period and is at 20% of world installations currently.All the rest continents have very insignificant number of bitcoin ATM locations with a total of ~6%.In 2014 their share was ~20%.