My crypto in Canada: +29% Bitcoin distributors in 1 year


Adoption around every corner? – Despite the rough crypto winter that affects the markets, Bitcoin (BTC) and its ilk continue to fit in subtly to the economic fabric of more and more countries. This adoption can be seen in particular in the number of ATMs (ATM) of cryptocurrencies. After Spain which has exceeded 200 wickets recently is the Canada who continues to lead the way in this area.

Over 2,500 Bitcoin ATMs in Canada

Whether Bitcoin can be seen to durably (definitely?) return to the bar of $20,000 unity, the adoption of cryptocurrencies has not paused. If the curve of the number of ATMs of cryptos is experiencing a lull in 2022, compared to the madness of the bull run of 2021, it has always been in continuous growth.

As can be seen in the graph below, taken from the Coin ATM Radar site, the number of ATMs in the Canada thus reached the 2,579 machines installed throughout the country, as of November 8, 2022. A year earlier, to the day, there were only 1997. That’s a nice increase of more than +29% in 12 months.

Canada sees its number of Bitcoin ATMs constantly increasing – Source: coinatmradar.com

The United States however, remain the world leader in sheer numbers of crypto ATMs. They have a total of 33,865 ATM on their ground. About the Franceif Bruno Le Maire wishes to make France the “European crypto-asset hub”, he will have to roll up the sleeves of his turtleneck sweater. Our poor country makes a fool of itself in this matter, with only 7 ATM in all and for all.

France should therefore draw inspiration from Canada or even, if only to begin with, from the modest salvador. This country of 6.5 million people already has 212 crypto-distributorswhereas Bitcoin is a legal tender currency there. for just over a year.

If at the end of this article, you are still not convinced of the vital importance of taking the train of Bitcoin and cryptocurrencies, let’s leave us good friends: nothing and no one will succeed! Failing that, don’t wait any longer to prepare for the future. Run register on BinanceTHE absolute benchmark for crypto exchanges (commercial link).



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