Crypto ATMs, or Bitcoin ATMs, became an essential part of the cryptocurrency infrastructure, providing an easy way to exchange digital assets for cash and vice versa. The first such ATM was installed in 2013 in Vancouver, Canada. It became a significant milestone for the spread of Bitcoin, offering people the opportunity to easily purchase or withdraw cryptocurrency. The idea came from Robocoin, a company that created this machine for exchanging Bitcoin to Canadian dollars and vice versa. Since then, the number of crypto ATMs continues to grow, playing an important role in the global adoption of cryptocurrencies and providing users with access to new financial technologies.
1/14/2025 12:31:26 PM (GMT+1)
How the First Crypto ATMs Came About?


This material was prepared by Khachatur Davtyan, developed and translated by artificial intelligence.