Bitcoin ATMs are all the rage these days as more and more countries are installing them. However, one country is taking the lead, none other than the US. It seems reasonable as this country has the most crypto ATMs worldwide. Still, the US will have 1000s of more!
A prominent crypto company Bitcoin Latinum published a press release stating it has partnered with OSO ATM to install Bitcoin ATMs across the US. The press release mentioned that they have partnered with them for three years to “install 100,000 ATMs across all 50 US states.”
By the end of January 2022, OSO ATMs might install 25,000 ATMs. The available cryptocurrencies are Bitcoin and Bitcoin Latinum [LTNM]. Furthermore, it is vital to know that the bitcoin ATMs require significant safety once installed. Since crypto is decentralized and unregulated, it can be quite difficult to track the lost money. Many double-spending transactions are already reported. For example, crypto exchange Kracken reported in September about vulnerabilities in the GBBATM2’s ATM range.
Therefore, these crypto ATMs come with a great responsibility for both the users and the providers.
As of the last count, the US has 26,414 Bitcoin ATMs and tellers all across different states. After America, the second country with the most crypto ATMs is Canada. However, the difference is quite big as Canada has 2033 ATMs only.
