The world's first Bitcoin ATM was installed on October 29, 2013 in the Canadian city of Vancouver.

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The world's first Bitcoin ATM was launched on October 29, 2013 in Vancouver, Canada, at the Waves Coffee House. It was a Robocoin machine that allowed exchanging Canadian dollars for bitcoins and vice versa. In its first week, it processed transactions worth over 100,000 Canadian dollars. The machine allowed exchanging cash for bitcoins and vice versa after identity verification via palm scanning.
Over the next decade, the industry experienced explosive growth. The number of devices worldwide numbered in the tens of thousands, and physical terminals became a common sight in many countries around the world.

Today, the industry is experiencing a significant decline and a large-scale reassessment of its business model.
According to current statistics, in the first half of 2026, the number of crypto ATMs worldwide sharply decreased. The global network shrank by more than 27% — from 39,158 to 28,322 active devices. The main blow fell on the United States, which accounts for the lion's share of global removals. This is due to regulatory pressure, anti-money laundering (AML) laws, and the bankruptcy of several large operators (such as Bitcoin Depot).
Despite the decline in the number of ATMs, fees remain high. In modern crypto ATMs, they can range from 7% to 25% of the transaction amount, making them a convenient but not the most profitable way to purchase.
The largest market remains the United States (over 20,000 machines), followed by Canada and European countries.