The United States Crypto ATM market was valued at USD 50.93 Million in 2024. The industry is expected to grow at a CAGR of 47.50% during the forecast period of 2025-2034 to attain a valuation of USD 2482.53 Million by 2034.
United States Crypto ATM Market Growth
The increasing acceptance of cryptocurrencies in the USA, driven by the desire for multiplying wealth in the long term, is aiding the market. The proliferation of cryptocurrency exchanges and the growth of the digital economy is attracting millennials towards investing in cryptocurrencies for short-term growth. Every 1/5 of Americans aged 18-34 desire to own cryptocurrencies upon retirement. This is expected to increase the demand for cryptocurrencies and drive the market growth in the forecast period.
Crypto ATMs are commonly found across multiple gas stations and malls in the USA. These ATMs can provide cash to a person without a bank account, which enhances the ease of accessibility to money. Some crypto ATMs have bi-directional functionality, which allows the sale of cryptocurrencies seamlessly and securely, without exchanging any personal information. This is expected to drive their popularity among customers in the forecast period.
Between 2020-2024, the number of BTMs (Bitcoin Teller Machines) recorded a five-fold increase in the USA, reaching 31,100 units. New York is expected to witness a significant surge in the installation of BTMs, as regions with high population density provide a lucrative market expansion opportunity for major companies. The average transaction fees levied on the purchase and sale of bitcoins in the USA are 5% and 8% respectively.
United States Crypto ATM Industry Segmentation
United States Crypto ATM Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:
Market Breakup by Offering
Hardware
Software
Market Breakup by Type
One Way
Two Way
Market Breakup by Coin Type
Bitcoin
Dogecoin
Ethereum
Litecoin
Others
Market Breakup by Region
New England
Mideast
Great Lakes
Plains
Southeast
Southwest
Rocky Mountain
Far West
United States Crypto ATM Market Share
Based on type, theATM marketis divided into one way and two way. As cryptocurrencies come to be regarded as a financial asset rather than an instrument of payment, the presence of two way crypto ATMs across the USA is expected to surge in the forecast period.
Leading Companies in the United States Crypto ATM Market
The report provides a detailed analysis of the following key players in the market, covering their competitive landscape and latest developments like mergers and acquisitions, investments, and capacity expansion.
Bitcoin Depot Operating, LLC
GPD Holdings LLC
ATM Ops LLC
RockItCoin, LLC
Athena Bitcoin Inc.
LSGT SERVICES LLC
PowerCoin, LLC
Byte Federal, LLC
Digital Access, LLC
WESTCLIFF TECHNOLOGIES, INC.
Others
Major players operating in the market are developing crypto ATMs that offer enhanced flexibility and privacy amid evolving customer demands.
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