The number of Bitcoin ATMs continues to rise, it is estimated that 22 machines were installed per day last month, according to a study by Finbold.
Statistics indicated that the number of BTC ATMs surged to 36,709 on April 1 from 36,023 recorded on March 1, increasing by nearly 2%. Per the report:
“22 Bitcoin ATMs were added daily in March alone, as the number of Bitcoin machines installed over time continues to grow.”
Therefore, an increase in Bitcoin ATMs shows that crypto adoption continues to tick as more participants jump on the bandwagon. Furthermore, they play an instrumental role in availing the much-needed infrastructure when buying and selling Bitcoins.