While Bitcoin continued to break records throughout 2023, the kiosks providing the option to acquire cryptocurrencies using cash or debit cards have been on a decline. According to Coin ATM Radar, the total count of crypto ATMs worldwide has dwindled from 37,827 on January 1, 2023, to 33,628 on January 1, 2024, marking a noticeable decrease in just one year. For a decade, the number of installed Bitcoin ATMs exhibited an annual uptrend, experiencing growth at the beginning of each year. Since the inception of tracking by Coin ATM Radar in October 2013, this figure reached an all-time high of 39,376 in August 2022, demonstrating the increasing popularity of cryptocurrency.
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