Number of Bitcoin ATMs in Canada 2015-2021

The amount of Bitcoin ATMs in Canada had more than doubled between July 2021 and July 2020, as cryptocurrencies gained in popularity. This figure has risen significantly over the past years from only 58 ATMs as of March 2015. In total, approximately 83 percent of global ATMs were concentrated in North America. As far as Bitcoin ATMs are concerned, there are two main types of such ATMs: the basic ones, allowing the users only to purchase Bitcoins, and more complex ones, enabling the users both to buy and sell the virtual money. In case of complex ATMs, only the members of a particular ATM producer can use the ATM. As of July 2020, the main manufacturers of the Bitcoin ATMs were Genesis Coin, and General Bytes, with 34.6 percent and 30.3 percent of the market share, respectively.