El Salvador ranks third in global Bitcoin ATM installations, data finds

Cointelegraph

Published Sep 18, 2021 04:58AM ET

Updated Sep 19, 2021 01:40AM ET

El Salvador now hosts the third-largest network of crypto ATMs after the United States and Canada, amounting to 70% of all crypto ATMs in South America.

According to data from Coin ATM Radar, El Salvador has exceeded United Kingdom’s crypto ATM count after deploying 205 crypto ATMs to date to facilitate local Bitcoin transactions and BTC to U.S. dollar conversions.

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