Crypto ATM Network Contracts as Removals Beat Adds
Coin ATM Radar shows the crypto ATM network contracting again. As of Mar 29, 2026, March recorded 774 net crypto ATM removals, reversing February’s +231 additions. January began down 139 units, leaving the year-to-date net change at -597. The global total is 38,928 machines, keeping the industry near the 40,000 milestone but making it harder to reclaim soon.
North America remains the core market for the crypto ATM network. The U.S. has 30,247 ATMs (77.7% of all machines) and Canada 3,839 (9.9%). Europe has 1,727 (4.4%), with the remaining 8% spread across other regions.
Operator concentration is high: the top 10 operators control 78.2% of the network. The largest shares are General Bytes (34.4%) and BitAccess (25.6%), followed by Athena Bitcoin (10.4%).
On functionality, multi-asset support is nearly standard across the 38,928 crypto ATMs. Ethereum (ETH) is on 21,296 ATMs, Litecoin (LTC) on 19,897, and Tether (USDT) on 14,999. Still, 91.6% of machines support buys only, limiting buy/sell flexibility and potentially constraining retail flows.
Neutral
The crypto ATM network is shrinking again, with removals (March -774 net) outweighing additions (February +231), especially impacting prospects for retail on/off-ramp usage. However, the report is mainly about infrastructure counts rather than direct crypto demand or regulatory/market-moving catalysts, and most machines still support major assets (BTC and widely ETH/LTC/USDT). That combination suggests limited immediate price impact on any single coin, though it may slightly weaken the medium-term retail flow narrative if the contraction persists.