November 23, 2024

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Less than 100 Bitcoin ATMs added worldwide in the second half of 2022: Data

1 min read
Less than 100 Bitcoin ATMs added worldwide in the second half of 2022: Data

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Australia, just after overtaking El Salvador to become the fourth-largest crypto ATM hub, got its first Bitcoin ATM with integrated Lightning Network (LN) capabilities.

Using LN, Bitcoin ATMs can process transactions immediately without having the operator batch the funds. As Cointelegraph previously reported, this development can potentially lower transaction fees compared to an on-chain payment.