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Study Finds Growing Number of BATMs in Belgium and the Netherlands

The number of cryptocurrency ATMs in Belgium and the Netherlands is growing, according to newly released data. Amsterdam is leading among major cities in the Benelux region, with 12 machines supporting digital coin transactions. Luxembourg, which is a global center of traditional finances, is lagging behind in terms of available crypto teller services.       

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Amsterdam Leading the Race With 12 Crypto Teller Machines

Study Finds Growing Number of BATMs in Belgium and the NetherlandsThe countries of the Benelux, the heart of Europe in many respects, are not only geographically close and culturally similar, but also enjoy a high degree of economic integration. The European crypto community would very much like to see the same level of cohesiveness when it comes to cryptocurrency adoption in the three states, all founding members of the European Union. Recently published data suggests, however, that they differ in at least one crypto-related aspect – the availability of teller services for digital cash.

A number of cryptocurrency teller machines have been installed in Dutch and Belgian cities in the last few years, with Amsterdam being the pronounced leader. Known for its numerous canals, Holland’s largest city may soon be famous for its bitcoin ATMs too – 12 are currently operational there, according to a report released by Statista. At least two of them support both purchases and sales of cryptocurrencies such as bitcoin core (BTC), ethereum (ETH) and litecoin (LTC).

As of August 2018, Antwerp, the second most populous metro area in neighboring Belgium, is a distant second behind Amsterdam, with 3 BATMs. Brussels, the Belgian capital, and Rotterdam, the second largest Dutch city, both have 2 devices selling digital coins. According to Coinatmradar, one of the machines in Brussels, which is a buy-only device, offers users

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