Bitgamo, a Luxembourg-based crypto exchange, plans to deploy 75 cryptocurrency ATMs across Europe in 2024, offering competitive rates. The exchange gained prominence for its no-KYC crypto-to-fiat service and rates 10% higher than the market average for BTC, LTC, and ETH.

Bitgamo's ATMs will enable users to easily exchange crypto for cash, promising the best market rates. The company has received positive reviews, with 86% approval on Trustpilot. They also aim to distribute cryptocurrencies to regions with crypto-friendly policies through a third-party network.

In Europe, there are 934 crypto ATMs run by 10 operators (63.4%), with Kurant Bitcoin ATM service leading at 15.9%. The UK has tightened regulations on non-registered ATMs due to the lack of a regulatory framework.