Milestone: 2000 Bitcoin ATMs sold!
5 years ago we set out to create new applications for the back then, all new cryptocurrency called Bitcoin. We started producing Bitcoin ATMs to help Bitcoin grow, make it a little less virtual and allow the general public to easily purchase some cryptocurrency using a metaphor of something they are already familiar with, an ATM.
Little did we know that only 5 years later we would have produced and sold well over 2000 machines, be the second largest and fastest growing ATM manufacturer globally and support well over 40 different cryptocurrencies and be the market leader in many countries worldwide.
As you can see in the statistics above, market share has increased to 30.4% at the time of writing this article and of the 2000+ Crypto ATMs sold by GENERAL BYTES to date, over 1000 units have been sold in the past year alone!
The global growth of cryptocurrency ATMs is visualized in the graph above and has been created by Coin ATM Radar, the most up to date resource for information in the cryptocurrency ATM industry, clearly shows a meteoric rise in the number of machines since 2017 and when looked at a per country basis GENERAL BYTES is the #1 supplier in most (if not all) European countries.
Our primary focus at GENERAL BYTES over the past year has been to extend the number of supported crypto- and fiat-currencies, enabling new features like ERC20 token compatibility, (Yes, you can now add your ICO token!) and added new features like a video screensaver and a Telegram Bot for ATM operators that allows our clients to get live updates from their ATM network.
At the same time, we expanded support for our clients by offering support on multiple continents, added weekend support (because business never stops!) and made available many new languages for that truly global ATM experience. (over 33 languages now supported!)
In October we celebrated 5 years of GENERAL BYTES with a massive cake in the shape, size and almost same weight of a BATMTwo ATM and we are still working, months later to burn those extra calories off!
We often get asked what the secret to our success is and honestly, we do not know for sure but we work hard to offer our clients the best feature-set ever found in a cryptocurrency ATM, at the very best price in the industry and provide our clients with a constant stream of (free!) updates that keep bringing new features to their existing terminals.
We want to thank our clients for their support over the past years. Without their support and valuable input, GENERAL BYTES would not have been the company we know today.