Government regulation may be the reason crypto ATM failed in some countries, those countries crypto ATM is working well for users to enjoy good service from crypto transaction it may be the regulation that is suitable to the people, Is no longer a new thing to us that banks don't want crypto ATM to dominate local money and it has been the reason crypto ATM failed in some countries because banks don't want crypto ATM to be popular than local money ATM.

Number one reason is the regulation in the crypto space. Aside from Bitcoin other currencies are bound to be regulated by owners or developers. There is trust issues in keeping their funds in an altcoin for a long term. The only ATM that has managed to work is the Bitcoin ATM. I think El Salvador and Japan has at least one Bitcoin ATM.

Another reason is privacy and security. It seems crypto ATMs are less private. Your crypto card might be hacked or stolen, so many security reasons attached to why it wont work.

https://libertyx.com/

All over the place here in the US.
Rates are not great, but it's not like they don't exist.

For some reason they don't always show on coinatmradar so you can add these (possibly) to their count.

As always, it depends on where you are.

-Dave

There are a few in my area, but I haven't used them. I believe that they had to comply with the country's regulations. If I am not mistaken, when they opened here, they didn't require much identification, but we're talking about an era that even exchanges didn't ask for KYC. In the meantime, at least nowadays, they have excessive fees, up to 8%. What's the point of paying such extravagant fees and providing KYC? I would understand it if they were completely anonymous, but this isn't the case here.

It's a shame, because it's an interesting concept. I'm not sure about other countries, but they were quite a flop here.

Also, let's highlight that 99% of those ATMs DO NOT protect your privacy.
They are KYCd with some laughable limit and there are cameras stuck into your face everywhere.

So let's just stick to the "scam" definition. There's no extra service which justifies the horrible fees

I dunno if crypto ATMs really failed so much as they just havent taken over the world like some folks thought they would.  I mean, I can count the number of times Ive seen one of those things on one hand.  They aint exactly on every block where I live, thats for sure.   

But at the same time maybe failed is too harsh and  its not like nobody uses them.  They just havent become as commonplace as the early hype mightve made it seem like they would.   I think they found their niche, but its still pretty small compared to traditional banking.  And for most average folks, that old way still works fine anyway.

Yeah, I don't think they've failed at all.  If there are fewer BTCATMs than before (which I'm not sure is true since I don't have any data on that), it's because there was a boom a few years ago when it seemed like they were popping up everywhere--and the demand for them just wasn't there.

There used to be one or two machines in my town about 5 years ago, and now there are at least eight.  I don't exactly live in a major metropolitan hub like NYC, either.  There's no way a system like that could sustain itself.  

Also, I happen to agree with those who brought up government regulation.  It's strict in the US, and I bet it's even stricter in other countries.  We'll see what the situation with BTCATMs is in another 5-10 years.  In the grand scheme of things, they are pretty new and a lot of people don't know about them (or don't trust them).

Edit:  BTW, I seriously doubt there are going to be many $5 wrench attacks happening at BTCATM machines that don't seem to be very popular.  Have there been a lot of reports of that happening?

The adoption is quite slower than expected, it's not a total failure but it has not reached the expectations of many. during its first stages it had so much hype that made many think that the world is about to shift from the traditional fiat method to a crypto world but then it didn't reach such extent then it began to have limited demands hence making it's spread just slower.

I would like to say an opposite fact than your post, most people don't care about privacy and use online trading platforms don't secure their privacy. Most centralized platforms nowadays have mandatory KYC before you can full access their services and use account with full features.

People dislike Bitcoin ATMs because of anonymity and expensive fee. When they come to a Bitcoin ATM and use it, their anonymity gone and they can face with physical attacks after that. Privacy and anonymity are very different and your post sounds like you misunderstood privacy and anonymity.

People don't care about privacy but perhaps they care about anonymity that is related to their life safety.

 don't understand the concept of ATM for cryptocurrency (Bitcoin), why carry out a transaction on an ATM machine when you can conveniently do the transaction on your smart phone. I believe that ATMs should be specifically for physical cash withdrawals because every other money transactions can be done on your online device so I won't be surprised if crypto holders are not interested in it. I hear that the transaction fees is quite high compared to transactions on your mobile device and that is another good reason why it is no longer popular. Besides you cannot find crypto ATMs everywhere and that is why the concept is probably failing.