The cryptocurrency ATMs in Australia have been growing in number, and in fact, it has taken over the spot of El Salvador to become the fourth largest crypto ATM hub in the world.

With Australia going up the ranking after stepping up its game in the cryptocurrency business for months, El Salvador’s stay in the top position was cut short. The Central American country was the first nation to ever legalize Bitcoin (BTC), and it has already implemented many projects using crypto funds as well.

El Salvador put up many ATMs for cryptocurrency so its citizens will have easy access to digital currencies. However, as Australia worked hard to normalize crypto, its efforts are obviously paying off as it has taken over the spot that El Salvador occupies. As a result, the latter has been pushed down from the ranking.

As per CoinTelegraph, Australia has a total of 216 crypto ATMs today, even before the year 2023 arrives. El Salvador has installed more than 200 across the country after it established the BTC as a legal tender in September 2021.

It was the country’s President Nayib Bukele who ordered the installation of crypto ATMs and El Salvador secured a third place as the largest crypto ATM hub. The first and second places were occupied by the United States and Canada, respectively. In 2022, Spain overtook El Salvador to become third, and Australia took fourth place.

Spain has 2015 crypto ATMs in October 2022 and continued to install more. It has now reached 226 units as of today; thus, Australia follows with 216 units of automated teller machines for cryptocurrency.

Then again, it is possible for El Salvador to beat Australia again as they are separated by just seven units of crypto ATMs. This is apparently a small number to catch up to.

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