January 28, 2023

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Spain overtakes El Salvador to become third largest crypto ATM hub

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Spain overtakes El Salvador to become third largest crypto ATM hub

The European country of Spain is officially home to the third-largest network of Bitcoin (

Greece takes the sixth spot in terms of cryptocurrency ATMs, and with the influx of tourists, Bitcoin ATM operator BCash shared insights on the usage statistics in the country.

Speaking to Cointelegraph, BCash managing director and co-founder, Dimitrios Tsangalidis, revealed that despite installing crypto ATMs in tourist hotspots, most usage comes from the main city area.

However, the island of Crete attracts a “very loyal cryptocurrency crowd,” as explained by Tsangalidis:

“There is a strong crypto community in Heraklion of Crete [which is] the location of one of our ATMs.”

According to Tsangalidis, a combination of crypto winter and tourist seasons has resulted in a slowdown in terms of regular traffic in crypto ATM usage.