Which countries lead in the number of cryptocurrency traders? Report DataLight

According to a new research by DataLight, the largest number of cryptocurrency users live in the United States, Japan and South Korea.

The company's specialists analyzed the origin of the traders on the 100 largest crypto-trading platforms and presented the data obtained in infographics. DataLight clarified that localization was carried out by IP addresses, so Chinese Chinese traders who are actively using VPN could not be taken into account.

According to the data received by the firm, about 22.2 million users from the United States visit the cryptobirds specialists that it has studied every month. Japan ranked second with a significant margin with 6.1 million visits, South Korea was third with 5.7 million.

We’ve investigated 100ccptocurrency .

While the TOP-3 players are easy to predict, there are definitely some surprises.

Full study: https://t.co/eWxbTa6wq2 pic.twitter.com/0mnwcyeDZP

– DataLight (@DataLightMe) April 29, 2019

Chevertoe and fifth place was taken by the UK and Russia – 3.8 and 3.1 million monthly visits, respectively. Ukraine is on an unusually high 12th place with 1.9 million visits to stock exchanges per month. The country with 40 million people was on the list next to India – 11th place, 2 million visits and 1.35 billion people.

According to DataLight, the popularity of crypto-trading in countries such as Turkey, Mexico or Ukraine is caused by the instability of national currencies, as a result of which people are looking for alternative ways to save value.

“Perhaps the most obvious and remarkable feature of infographics is simply how many countries in the world actually trade in cryptoactive assets: almost all have some trade traffic, with the exception of Greenland and some parts of central Africa ,” DataLight emphasized.

However, the company recalled that the launch of the Binance marketplace in Uganda last year should lead to the spread of cryptotrading on the Black Continent.

Also, DataLight researchers have reported that American traders prefer the Binance , Coinbase , Bittrex and Poloniex exchanges . Binance, Poloniex and Bitfinex are popular among Russian stock speculators.

Earlier, DataLight in its study predicted that the Bitcoin network could become the largest payment system in the world in the next decade, if it maintains its growth rates.

Publication date 01/05/2019
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