Bitcoin ATMs in Australia have been steadily increasing over the past two years, bringing the country closer to the total number of ATMs in Europe. According to Coin ATM Radar, there are 1,359 Bitcoin ATMs in Australia, which accounts for 3.5% of all ATMs worldwide. Europe has 1,660. If this number is surpassed, Australia would have the third largest Bitcoin ATM network after the US and Canada.

The US leads with 31,516 ATMs, followed by Canada with 3,027. North America is home to over 90% of ATMs worldwide.

Bitcoin ATMs are also used for scams. The US Federal Trade Commission reported that ATM scams will exceed $110 million in 2023. We welcome your comments: How is the rise of Bitcoin ATMs affecting the risk of fraud?