38,804 cryptocurrency ATMs have appeared in the past 9 years

The global cryptocurrency ATM network has almost 39,000 ATMs. Cryptocurrency ATMs are nine years old, and their number is growing.

 In the not-so-recent year of 2013, the world's first publicly available bitcoin ATM, operated by Robocoin, opened in a coffee shop in downtown Vancouver (that's in Canada). 

During the first week of the crypto ATM's operation, users conducted 348 transactions and made $100,000 worth of transactions. But nine years later, Robocoin ceased operations. The first crypto ATM was likely destroyed or replaced with a regular one. 

But no such luck! In fact, the number of crypto ATMs continues to grow: according to Coin ATM Radar, there are now 38,804 cryptocurrency ATMs.

Right now, the center of crypto ATMs is considered to be the United States of America. They are home to 88 percent of all cryptocurrency ATMs. Canada is in second place with 6.6 percent, and Spain is in third place with 0.6 percent.

According to a July report by Research and Markets, the crypto ATM market is estimated at $46.4 million. It will grow more than 10-fold to $472 million by 2027 due to remittances and an increase in the number of crypto ATMs installed.