U.S. Crypto ATM Market Expected to Reach USD 3,985.2 Million by 2033 - IMARC Group

U.S. Crypto ATM Market Statistics, Outlook and Regional Analysis 2025-2033

The U.S. crypto ATM market size was valued at USD 181.8 Million in 2024, and it is expected to reach USD 3,985.2 Million by 2033, exhibiting a growth rate (CAGR) of 47.1% from 2025-2033.

The growing popularity of cryptocurrencies considerably impacts the rise of the US crypto ATM sector, driven by more prominent mainstream acceptability and regulatory clarity. The integration of Bitcoin services by major financial institutions and payment service providers is increasing customer trust and utilization. Crypto ATMs are installed nationwide due to their convenience, which enables customers to change cash into digital assets quickly. Besides this, the expansion of these ATMs is their capacity to offer instant access to cryptocurrencies without the need for a bank account or difficult verification procedures is acting as a growth-inducing factor. Apart from this, the rising demand for decentralized financial services, combined with the increasing use of digital assets for payments and remittances, is encouraging more players to invest in crypto ATM infrastructure. For example, Bitcoin Depot became the first US crypto ATM operator to go public on the Nasdaq under the ticker BTM in July 2023. Following its merger with GSR II Meteora, the company, with 6,430 kiosks, is focusing on expansion while addressing regulatory concerns related to financial crime risks. This move underscores the growing interest in crypto ATMs and the industry's efforts to establish credibility among investors and regulatory bodies.

The increasing need for secure and compliant crypto transactions is prompting companies to implement stringent measures, such as advanced KYC and anti-money laundering procedures, to prevent illicit activities. Likewise, the regulatory landscape is evolving, with policymakers working on frameworks that balance innovation with consumer protection. Moreover, strategic investments in crypto ATM deployment across key regions, including urban centers and underserved areas, are contributing to market expansion. Businesses are recognizing the value of crypto ATMs in facilitating seamless transactions, particularly for individuals without access to traditional banking services. The push for financial inclusion is a major driver, enabling more people to participate in the digital economy through user-friendly cryptocurrency access points. As a result, the US crypto ATM network maintained a dominant position with an 81.27% market share, installing 1,094 ATMs across the country, as reported in a Finance Magnates article published in January 2025.

U.S. Crypto ATM Market Statistics, By Region

The market research report has also provided a comprehensive analysis of all the major regional markets, which include the Northeast, Midwest, South, and West. Currently, the South is leading the crypto ATM market in the US. The industry is growing steadily, fueled by the hospitality sector adoption and government efforts to legalize Bitcoin and other cryptocurrencies.

Northeast Crypto ATM Market Trends:

The Northeast crypto ATM market is growing due to urban financial hubs and strong regulatory frameworks. States like New York impose strict licensing, limiting machine deployments but ensuring compliance. High adoption in counties like Kings (Brooklyn, NY) reflects demand among professionals and tourists, and businesses integrate ATMs in high-traffic areas like airports and shopping centers. A notable example is the increasing presence of Bitcoin ATMs in Wall Street-adjacent convenience stores, catering to traders seeking quick transactions.

Midwest Crypto ATM Market Trends:

The Midwest crypto ATM industry is growing due to increasing digital asset adoption in urban and suburban areas. Retail partnerships are driving installations, making cryptocurrency transactions more accessible. Crypto Dispensers added a new Bitcoin ATM to its network at Fort Wayne, Indiana's Glenbrook Square, in April 2023. This move, in collaboration with Spinoso Real Estate, strengthened the company’s market presence. Furthermore, economic uncertainty and demand for decentralized finance continue to influence the region’s crypto ATM expansion, reinforcing user confidence amid evolving regulations.

South Crypto ATM Market Trends:

The South is leading the overall market, in the crypto ATM industry due to its regulatory-friendly environment and growing fintech ecosystem. Major cities, including Miami, Florida, are becoming hubs for cryptocurrency infrastructure. In January 2023, Bitcoin ATM pioneers Andrew Barnard and Doug Carrillo acquired Genesis Coin, relocating its headquarters to Miami. This consolidation of over 12,000 ATMs reinforced industry leadership. The region’s strong financial networks and increasing regulatory scrutiny are shaping its crypto ATM landscape, fostering stability and innovation in digital asset accessibility.

West Crypto ATM Market Trends:

The West leads in innovation, with states like California pioneering crypto-friendly services. Los Angeles County dominates, housing ATMs in diverse locations, from malls to tech startup campuses. Moreover, Silicon Valley adoption reflects the tech-savvy population's preference for decentralized finance. Regulatory challenges in San Francisco limit growth, but major brands like CoinCloud are expanding aggressively in Las Vegas. A key example is casinos integrating Bitcoin ATMs, allowing tourists to exchange digital assets for cash within seconds.

Top Companies Leading in the U.S. Crypto ATM Industry

The US crypto ATM market is growing as major exchanges increase their products, improve security, and give regulatory compliance a top priority to encourage confidence and market stability. Apart from that, companies and authorities are working jointly to manage issues of money laundering and fraud. Aligned with this, RockItCoin increased its number of Bitcoin ATMs to around 2,500 in April 2024 by installing 100 more in Arkansas, Colorado, Georgia, Texas, and Tennessee. This expansion reflects the industry's drive for a safer, regulated, and investor-friendly ecosystem by enhancing accessibility, fortifying operator alliances, and promoting wider usage.

U.S. Crypto ATM Market Segmentation Coverage

• Based on the type, the market has been bifurcated into one way and two way. Currently, one-way crypto ATMs hold a dominant market position due to their streamlined functionality, lower operational costs, and widespread adoption, catering primarily to users seeking quick cryptocurrency purchases without the complexities associated with bidirectional transactions.
• Based on the offering, the market is categorized into hardware and software, amongst which hardware dominates the market. Hardware segment growth is driven by increasing demand for secure, high-performance machines with advanced authentication features, ensuring reliable transactions and enhanced protection against fraud.
• On the basis of the coin type, the market has been divided into Bitcoin, Dogecoin, Ethereum, Litecoin, and others. Among these, Bitcoin exhibits a clear dominance in the market, accounting for most transactions due to its strong user adoption, high liquidity, and established reputation as the most widely accepted and recognized digital currency in the financial and retail sectors.
• Based on the application, the market is bifurcated into commercial spaces, restaurants and other hospitality spaces, transportation hubs, standalone units, and others. Currently, restaurants and other hospitality spaces exhibit a clear dominance in the market, leveraging their presence to attract tech-savvy customers, enhance payment flexibility, and capitalize on growing cryptocurrency adoption.