More than 300 Crypto Money ATMs Established in May 2019

More than 300 Crypto Money ATMs Established in May 2019

Recently published data shows that more than 300 new crypto currency ATMs have been opened last month around the world.

According to data provided by Coinatmradar, where crypto money ATMs around the world can be tracked, a large number of ATMs were opened last month. In fact, the total number of ATMs opened in May 2019 was at the record level of the last year.

Crypto money ATM operators installed 306 different ATMs around the world last month, thus increasing the total number of devices from 4,690 to 4,889. This number would normally be expected to be more than 4,990, but last month new ATMs were opened and some ATMs were removed.

Since Coinatmradar data shows the number of ATMs opened and closed last month, the total number of ATMs worldwide can be kept more effectively. When we look at the data of last month, we can say that the total number of ATMs increased by 228 considering the closed ATMs. This number was broken in April 2018 and the number of ATMs worldwide increased by 256 at that time.

This increase in the number of ATMs seems to coincide with the increase in the crypto money market. The crypto money market began to pick up after the long-lasting bear market last month.