New data shows that traders are the most active across major , according to a Feb. 4 from data analytics firm DataLight.
The U.S. has the highest distribution of traders — 60 percent — on major crypto exchange and wallet , while on , and , U.S. traders make up 24, 27 and 28 percent of total crypto traders respectively.
American traders are less represented on -based crypto exchange , at 10 percent of traders on the exchange, while traders make up 13 percent.
Earlier this year, Bittrex launched an over-the-counter () trading desk that offers around 200 crypto assets. OTC trading has become extremely popular among institutional investors looking to trade in large volumes, as previously by Cointelegraph.
Since the beginning of the year, trading records have been reporting lower numbers, according to a previous by Cointelegraph. Coinbase was experiencing lows that they have not been seen since 2017, with the ₿itcoin ()/US Dollar (USD) market at allegedly around $1 billion in January.
Geographical Distribution of Crypto Traders. Source:
Earlier this year, Bittrex entered into the over-the-counter () market, which offered around 200 crypto assets to investors on their platform. OTC trading which has become extremely popular among institutional investors looking to trade in large volumes as previously by Cointelegraph.
Since the beginning of the year, trading records have been reporting lower numbers according to a previous by Cointelegraph. Coinbase was experiencing lows that they have not been seen since 2017, with the ₿itcoin () and US Dollar (USD) at allegedly around $1 billion.
Published at Wed, 06 Feb 2019 10:59:00 +0000
