Spain overtakes El Salvador to become 3rd-largest crypto ATM hub
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Loading... - Venita Mitchell
- 07 Nov 2022
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Spain currently hosts 215 crypto ATMs, pushing El Salvador — home to 212 — down to the fourth position after surpassing the country by three ATMs.
The European country of Spain is officially home to the third-largest network of Bitcoin and cryptocurrency ATMs after the United States and Canada.
Spain currently hosts 215 crypto ATMs, pushing El Salvador — with 212 — down to the fourth position after surpassing the country by thr ATMs. Data from CoinATMRadar confirms that Spain represents 0.6% of the global crypto ATM installations.
Moreover, the revelation places Spain as the highest contributor to crypto ATMs in Europe, which represents 14.65% of total installations in the continent, followed by Switzerland (144 ATMs), Poland (142 ATMs) and Romania (135 ATMs).
In 2022 alone, Spain installed 43 crypto ATMs and has previously shared its intent to install a total of over 100 ATMs by the end of the year — taking up the total to nearly 300 crypto ATMs once completed.
MediaMarkt, a German electronics retailer, and Confinity, among others, are leading the drive to install crypto ATMs across Austria, Germany, Spain and Greece. Read More…
