Španjolska je nadmašila El Salvador s trećom najvećom mrežom kripto bankomata na svijetu

Datum: 30.04.2024

Spain has recently expanded its network of crypto ATMs to 215, making it the third-largest network of these machines globally. Crypto ATMs have been around since 2013, with the first one installed in Canada shortly after the release of the Bitcoin whitepaper. These machines allow users to exchange fiat currencies for crypto. Since their introduction, the number of crypto ATMs has grown rapidly worldwide. In September 2021, El Salvador installed 200 crypto ATMs, ranking it as the third-largest Bitcoin (BTC) ATM network globally. However, Spain's recent addition of 215 ATMs has now placed it in third place, with El Salvador falling to fourth with 212 machines. In South America, El Salvador still has the largest network, accounting for over 50% of the region's crypto ATMs. Spain now represents 14.6% of all installations in Europe, with Switzerland following with 144 ATMs. The USA and Canada still have the highest numbers of crypto ATMs worldwide.

What Are Bitcoin ATMs?

Sadržaj sakriti

1 What Are Bitcoin ATMs?

2 How to Use a Crypto ATM

3 What Are Bitcoin ATM Fees?

4 Buy Bitcoin at GBTC Marbella – an Official Partner of CryptoChipy!

5 Pros and Cons of Using Crypto ATMs

5.1 Prednosti:

5.2 Nedostaci:

Crypto ATMs look similar to regular ATMs, allowing users to exchange fiat currencies for Bitcoin or other cryptocurrencies using a credit card, debit card, or cash. Some machines also offer the option to withdraw cash. These machines are connected to the internet, and there are now over 38,000 terminals installed globally. The popularity of crypto ATMs continues to rise due to their convenience and the privacy they offer.

How to Use a Crypto ATM

To use a crypto ATM, follow these steps:
First, install a digital wallet on your phone. Choose the cryptocurrency you want to buy (BTC, ETH, LTC, etc.), noting that the maximum purchase limit is usually around €5,000. Open your wallet and display the QR code for the chosen crypto asset. Use the ATM’s scanner to read the QR code. Insert your card to complete the transaction. The machine will print a receipt with the transaction details, and the purchased coins will be sent to your crypto wallet.

If you don’t have a crypto wallet, the ATM will generate one for you, with private and public keys printed on the receipt.

What Are Bitcoin ATM Fees?

Bitcoin ATM fees are significantly high, averaging around 15% per transaction. These fees often include crypto exchange costs and cash exchange fees. If you pay with a debit or credit card, you may also incur card processing fees. In comparison, crypto exchanges charge lower fees, typically around 1.5%, with even lower costs for liquid assets like Bitcoin.

For those looking to avoid these high fees, peer-to-peer networks like LocalCryptos might offer an alternative option for buying Bitcoin or Ethereum.

Buy Bitcoin at GBTC Marbella – an Official Partner of CryptoChipy!

If you’re located in the Malaga region of Spain and wish to purchase Bitcoin in person, consider visiting GBTC’s store in Marbella. You can enjoy a 0.5% discount by using the code ‘MARBS’ at checkout.

Pros and Cons of Using Crypto ATMs

Here are some of the advantages and disadvantages of Bitcoin and crypto ATMs:

Prednosti:

Crypto ATMs provide an easy way to buy digital assets without going through traditional financial institutions.
They are usually faster than transferring funds to a crypto exchange.
Bitcoin ATMs offer more privacy compared to centralized exchanges since they do not require user identification.