In the world of blockchain and crypto especially, an important device that has been with us for several years now are Bitcoin ATMs, which are ATMs that allow you to buy and sell BTC and more.
Obviously there are several manufacturers that sell these devices, which often have different functions as there are single-option models that allow you to buy only crypto and other models that also allow you to sell the same, the so-called „two-way“.
But which are the most popular manufacturers of Bitcoin ATMs?
Bitcoin and crypto ATMs
To answer this question we will use a few platforms to identify both the manufacturers and the countries with the most Bitcoin ATMs, in order to get an objective picture of the quality of the products and the manufacturers of these devices.
Let’s start with Lamassu, one of the first companies to provide crypto ATMs with a two-way option and thus allow their customers to sell and buy their crypto. The basic model costs €3700 and worldwide this company can boast 569 installations of which 2 in Italy, to be precise in Pisa and Udine.
One of the best known circuits in America is undoubtedly CoinSource, with devices that allow you to buy crypto but also devices that allow you to sell them.
Just last year CoinSource ATMs opened up to stablecoins and so now you can also buy DAIs. There are 889 such ATMs spread across the US.
BitAccess, founded in 2013 in Ottawa, Canada, has 1304 crypto ATMs worldwide. In 2014, the first ATM was launched. This company not only supplies these devices but also manufactures them and therefore has control over the entire production chain.
One of the crypto ATMs that everyone will have seen is the one produced by General Bytes, which offers the possibility to customise the ATM and has many functions. They can be found in almost every country in the world, and in fact there are 3754 devices.
Finally, one of the largest manufacturers is certainly Genesis Coin, which has 4818 devices, mainly in the United States, but we also find them scattered in other parts of the world such as China and the Philippines.
This company offers three different models: the $14,500 Genesis1, which is a two-way device, the $7380 Satoshi1, which has a choice of versions, and finally the $4,500 Finney3, which is dedicated to white label and therefore sold with the name of the company that decides to expand into this sector.
These are just a few of the more than 40 manufacturers of crypto ATMs, and there are now more than 13,000 crypto ATMs worldwide, not to mention the various services that allow you to buy crypto cash of various kinds for a total of more than 274,000 services worldwide.