What if buying Bitcoin was as simple as grabbing groceries?
Cryptocurrency, once confined to online forums, technical jargon, obscure offshore exchanges and the digital world, is now entering the physical world, one Bitcoin ATM at a time—and at an astonishing rate.
From a mere six Bitcoin ATMs globally in 2013, the number has exploded to a staggering 37,840 as of March 20, 2025.
Of which, 29,759 are located in the United States.
This rapid expansion is driven by the fact that what was once an abstract concept is now a tangible reality for everyday users, facilitated by simplified transactions, increased trust, and a clear bridge between cash and digital currency.
Making Crypto Physically Accessible
Bitcoin ATMs are becoming indispensable tools in demystifying cryptocurrency and making it accessible to a wider audience. They fundamentally bridge the gap between traditional fiat currency and the often-perceived complex world of digital assets.
By providing a physical point of exchange, these machines transform what was once an intimidating, purely digital landscape into a straightforward, face-to-face transaction. This tangible interaction is crucial for building trust, especially among those new to crypto.
With their intuitive design and simplified, step-by-step processes, Bitcoin ATMs empower individuals of all ages to directly access digital currencies, bypassing the often-daunting complexities of online platforms.
This ease of use is a significant factor in driving adoption, as it removes the technical barriers that previously deterred many potential users.
For individuals who may still feel hesitant, many Bitcoin ATMs are equipped with educational features.
These on-screen tutorials and informational prompts break down the fundamental concepts of cryptocurrency, explaining wallets, transactions, and security in clear, understandable terms. This educational component is vital in fostering understanding and confidence, further contributing to more users.
Increased Physical Presence and Strategic Placement of Bitcoin ATMs
Bitcoin's novelty is fading.
In fact, an average of 10-20 new Bitcoin ATMs are installed daily in the US. This increased physical presence is normalizing the idea of cryptocurrency for a wider audience, once again leading to greater adoption.
Beyond their growing numbers, strategically placing ATMs in familiar locations like malls and gas stations enhances accessibility and builds trust. Users are far more likely to engage with cryptocurrency when it’s integrated into their daily routines.
A Valuable Alternative
Not only do these Bitcoin ATMs make the concept of cryptocurrency feel less foreign, but they also promote financial inclusion, offering access to those excluded from the traditional banking system, such as the unbanked and underbanked.
These individuals, who often rely solely on cash, can now deposit it directly into ATMs in exchange for cryptocurrency.
Physical cash in the US continues to grow in nominal figures, but as a proportion of total wealth in the country, those balances aren't much compared to the value held in other assets like the stock market, bond market or real estate. As of December 31, 2023, there was $2,259.3 billion in circulation, totalling 54.6 billion notes in volume.
While the number might be small, physical cash does turn over very quickly, and with many cash balances held with banks and fintech companies like PayPal, Venmo, Cash App, or even stablecoins, there is digital cash that customers can hold.
For the unbanked or the underbanked, Bitcoin ATMs provide essential access to cryptocurrency, bypassing the bank account requirement of online exchanges. Users can trade in and out of Bitcoin and acquire physical cash or digital cash equivalents like a balance in a PayPal wallet or a stablecoin wallet.
In addition, they serve as a valuable alternative for those who distrust or prefer to hold assets outside traditional banking.
Streamlining National and Global Transfers
Traditional methods for transferring funds, whether across town or across borders, are frequently burdened with hefty fees and lengthy waiting periods.
Forced to seek alternatives, a growing number of individuals are seeking out and recognizing the distinct advantages offered by Bitcoin ATMs.
These machines are providing much-needed competition in the transfer process by enabling lower fees and near-instantaneous transactions, a stark contrast to the sluggish and costly traditional systems. And, as awareness of these benefits spreads, so do the amount of Bitcoin ATM users.
While attractive for both local and international transfers, these benefits are most impactful for international remittances, where every minute and every dollar saved can significantly improve the lives of recipients.
For example, in developing countries where the US dollar goes a lot further.
Travel and Transactions for Tourists
For tourists, Bitcoin ATMs offer a convenient and cost-effective alternative to traditional currency exchange. They provide quick access to local fiat currency, once again bypassing the high-fees associated with exchange booths.
Alternatively, travelers who prefer to use cryptocurrency can do so directly, reducing reliance on banks and avoiding foreign transaction fees.
Thanks to the 24/7 availability of these ATMs, travelers can plan less and spend more time on what really counts, like sitting back, relaxing, and having a great time.
Boosting Sales for Small Businesses
Small businesses are increasingly recognizing Bitcoin ATMs as a strategic asset, going beyond mere transactional convenience. By integrating these machines, they're not just accepting cryptocurrency; they're signaling innovation and adaptability, attracting a demographic that values forward-thinking payment solutions.
While this democratic varies depending on location and industry, this has the potential to position them as pioneers within their local markets, leading to increased foot traffic and brand loyalty.
The ease of implementation, devoid of complex technical integrations, allows small businesses to focus on their core operations while expanding their payment options.
Furthermore, the ability to cater to a global customer base, bypassing traditional banking limitations, opens up new avenues for sales and market expansion. In essence, Bitcoin ATMs provide small businesses with a competitive edge, fostering growth in an increasingly digital economy.
The Future Of Bitcoin Is Medium of Exchange
Bitcoin ATMs are more than just machines; they are key drivers in making cryptocurrency accessible to everyone.
They translate complex digital exchanges into simple, physical transactions, bridging the gap between abstract concepts and everyday use. This opens doors for individuals previously excluded from traditional financial systems, building trust through ease of access. Businesses, too, are embracing these Bitcoin ATMs to connect with a growing tech-savvy market.
This increased accessibility signifies a major evolution. We're seeing cryptocurrency move from a theoretical idea to a practical tool, integrated into our daily lives and changing how we interact with, and think about money.
Ready to experience this shift firsthand? Locate your closest Unbank ATM and take the first step towards a more empowered financial future.