The Bitcoin ATM network has decreased its net addition since July 2022 to 94 ATMs compared to 2021, allowing Spain to be among the first countries in the world with the largest installation of cryptocurrency ATMs.
By the beginning of March, Spain had 272 units installed in the country, which led to it occupying the third position in the country with the most BTC ATMs settled, as reported by Cointelegraph. The first places were held by the United States and Canada, a list that remains the same up to now.
Despite this, according to the web portal “CoinATMradar”, Spain added new equipment, so it currently has 279 ATMs installed. The adoption of cryptocurrencies, mainly BTC in Spain, has generated an increase in the presence of ATMs Bitcoin ATM, although with the phenomenon of “crypto winter” Many countries have decreased the installation of the same, the European country has shown a contrary behavior.
53 cities in Spain now have bitcoin ATMsAmong them, the ones with the highest number are: Barcelona (64), Madrid (37), Valencia (16) and Alicante and Malaga (15).
On the other hand, some of the companies that have a presence in the cities of Spain that own BTC ATMs are: Bitcoin.club with 44 ATMs, Bitbase with 137, Kurant with 14, Weex with 20, GBTC Finance with 16 and Tattoo Money with only 2.
By May 2021, the country had a total number of 140 Bitcoin ATMs, which means that In a range of almost two years in Spain, 139 BTC ATMs have been installed so farIn addition, within the European territory, the Spanish country is one of the main ones with the largest number of BTC ATMs.
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