The number of cryptocurrency ATMs installed worldwide has moved past the 39,000 mark, underscoring the sector’s rapid expansion over the past several years. According to data compiled by coinatmradar.com, there are now 39,011 crypto ATMs operating across 77 countries, managed by 614 operators. The milestone highlights how quickly physical access points for digital assets have expanded since early 2017, when the global installed base stood at roughly 969 machines.
Measured from that 2017 starting point, crypto ATM installations have increased by 3,925%. The growth has also accelerated in more recent years. The report notes that on September 1, 2020, the worldwide total was still below 10,000 machines, which means the industry added the majority of its current footprint in less than two years leading into August 2022.
North America Continues to Dominate
The geographic distribution of crypto ATMs remains heavily concentrated in North America. Out of the global total of 39,011 units, 37,081 machines are located in North America, giving the region a commanding 95.1% share of the worldwide market. This concentration shows that while crypto ATM infrastructure has spread internationally, adoption at the physical network level is still centered in a small number of mature markets.
The United States is by far the largest single market, accounting for 34,299 crypto ATMs, or 87.9% of all machines installed worldwide. Canada follows with 2,461 machines, equivalent to 6.3% of the global total. Outside North America, the rest of the world represents only about 4.9% of global installations, while Europe holds 3.8% of the worldwide count.
This regional imbalance suggests that the crypto ATM business remains tied to regulatory, commercial, and consumer conditions that have proven especially favorable in the U.S. and Canada. Although the network spans dozens of countries, the overwhelming majority of machines are deployed in just one region.
Bitcoin Leads, but Multi-Asset Support Is Common
Bitcoin remains the dominant asset across the crypto ATM ecosystem. Of the 39,011 machines tracked, 38,998 support bitcoin (BTC), making it nearly universal among installed devices. That figure reinforces bitcoin’s role as the foundational cryptocurrency for retail-facing exchange infrastructure.
At the same time, a large share of the installed base now supports additional digital assets. Data shows that 33,056 machines offer access to alternative cryptocurrencies beyond bitcoin. Among these, litecoin (LTC) is supported by 32,466 machines, while ethereum (ETH) is available on 29,324 devices. Dogecoin (DOGE) appears on 16,132 machines, and bitcoin cash (BCH) is supported by 13,801 ATMs.
The breadth of multi-asset support indicates that operators are not limiting their services to bitcoin-only demand. Instead, many are expanding product offerings to capture a broader segment of retail crypto users who may want exposure to multiple established tokens through familiar ATM interfaces.
Top Operators by Installed Machines
On the operator side, Bitcoin Depot leads the global market by installed machine count. The company accounts for 6,896 crypto ATMs, equal to 17.7% of the worldwide total. That places it ahead of all other operators in terms of active deployment scale.
It is followed by Coincloud with 5,643 machines and Coinflip with 4,124 machines. Other major operators include Bitcoin of America with 2,339 machines, Bitstop with 1,969 machines, and Rockitcoin with 1,781 machines.
These rankings show that while the market includes hundreds of operators, a relatively small number of companies control a meaningful share of the installed base. The presence of several large operators also points to increasing scale and consolidation in the sector, particularly in North America where most machines are deployed.
Manufacturing Landscape Led by Genesis Coin
The manufacturing side of the market is also concentrated among a handful of firms. Genesis Coin is the leading crypto ATM manufacturer globally, representing 40.6% of the machines currently in operation. General Bytes ranks second with 22.8% of worldwide manufactured units.
Other manufacturers with notable market share include Bitaccess at 15.8%, Coinsource at 5.2%, Bitstop at 4.9%, and Bytefederal at 2.8%. Together, these figures illustrate a market where hardware production is dominated by several established names, even as the operator base remains broad.
The concentration among manufacturers may have implications for how quickly the industry can scale and standardize. Since a large portion of the installed network comes from a limited number of hardware providers, those firms play an outsized role in shaping the physical infrastructure available to operators.
Installation Pace Points Toward the 40,000 Milestone
Coinatmradar.com also tracks the pace of new installations over time. According to the site’s methodology, long-term speed is derived from the past 60 days, while short-term speed is calculated using the past 7 days. As of Sunday, August 7, 2022, the gauge indicated that the global market was adding approximately 14.7 crypto ATMs per day.
If that pace were maintained, the worldwide installed base would be expected to reach 40,000 machines in about 67.27 days. That estimate underscores the momentum still present in the sector at the time of measurement, even after the network had already expanded dramatically from its pre-2021 levels.
A Rapidly Expanding but Highly Concentrated Network
The latest figures present a clear picture of the current crypto ATM industry: fast growth, strong bitcoin support, increasing multi-asset functionality, and overwhelming geographic concentration in North America. The network now spans 77 countries, but the market remains dominated by the United States, which alone hosts nearly nine out of every ten crypto ATMs worldwide.
From fewer than 1,000 machines in early 2017 to more than 39,000 in August 2022, crypto ATMs have evolved into one of the most visible forms of retail cryptocurrency infrastructure. With installations continuing at a steady pace and major operators and manufacturers entrenching their positions, the next milestone of 40,000 machines appears to be within reach if current trends hold.