The Colombian city of Medellin had three times the number of companies that accepted cryptocurrencies than Cali - a city of similar size. This according to open-source information from a website that where visitors can keep track of (especially small) firms that either have an in-store cryptocurrency ATM or accept digital currencies as a viable payment method. In the case of Colombia, most of these businesses were located in the capital city of Bogota. Noticeable, however, is the city of Pereira which boasted a figure that was almost as high as that of Medellin, whilst Pereira was a much smaller city in comparison.
Businesses in the 10 biggest cities in Colombia that either have a cryptocurrency ATM or offer crypto as an in-store payment method as of March 9, 2021
The numbers provided are Statista estimates based on information from OpenMap.org, using software from Nominatim which were then compared against figures from SimpleMaps.com.
The information provided here comes from an open-source platform, meaning that people can add or remove companies at their own behest. This might lead to some countries having more entries than others (e.g. the website being more known/used in country X than in country Y), or that some figures have not been updated (e.g. a company was added at some point, but the business dissolved at a later date and had not been removed from the database). Additionally, the cryptocurrency market is a volatile market that is difficult to map out. For these reasons, all figures provided are estimates and may vary in accuracy.
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Statista. (March 9, 2021). Businesses in the 10 biggest cities in Colombia that either have a cryptocurrency ATM or offer crypto as an in-store payment method as of March 9, 2021 [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1224866/firms-with-crypto-payment-solution-colombia-city/
Statista. "Businesses in the 10 biggest cities in Colombia that either have a cryptocurrency ATM or offer crypto as an in-store payment method as of March 9, 2021." Chart. March 9, 2021. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1224866/firms-with-crypto-payment-solution-colombia-city/
Statista. (2021). Businesses in the 10 biggest cities in Colombia that either have a cryptocurrency ATM or offer crypto as an in-store payment method as of March 9, 2021. Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1224866/firms-with-crypto-payment-solution-colombia-city/
Statista. "Businesses in The 10 Biggest Cities in Colombia That Either Have a Cryptocurrency Atm or Offer Crypto as An In-store Payment Method as of March 9, 2021." Statista, Statista Inc., 9 Mar 2021, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1224866/firms-with-crypto-payment-solution-colombia-city/
Statista, Businesses in the 10 biggest cities in Colombia that either have a cryptocurrency ATM or offer crypto as an in-store payment method as of March 9, 2021 Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1224866/firms-with-crypto-payment-solution-colombia-city/ (last visited November 10, 2024)
Businesses in the 10 biggest cities in Colombia that either have a cryptocurrency ATM or offer crypto as an in-store payment method as of March 9, 2021 [Graph], Statista, March 9, 2021. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1224866/firms-with-crypto-payment-solution-colombia-city/
