Bitcoin, litecoin, and ether are the most supported assets by crypto ATMs
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Cryptos ATMs are kiosks that enable users to exchange cash for cryptoassets. Some ATMs offer bidirectional functionality, enabling both the purchase and sale of crypto for cash. According to data from Coin ATM Radar, the top three assets supported by crypto ATMs are bitcoin, litecoin, and ether. Over the past 12 months, the number of global crypto ATMs grew 360%+ from ~860 in November 2017 to over 3,900 in November 2018.
AUTHOR
Steven Zheng is a researcher for The Block. He joined The Block in August 2018. Steven graduated from St. John’s University with a degree in economics. Previously, he covered blockchain and crypto at Radicle, a startup analytics firm. He also had brief stints at Cheddar, a media startup, and Bowery Capital, a venture capital firm. He owns bitcoin. Follow Steven on Twitter at: @Dogetoshi
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