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13/09/19 08:30 UTC-4

$92 billion in BTC: top countries by number of crypto-exchanges

ExchangesUK is the leader in the number of crypto-exchanges
UK is the leader in the number of crypto-exchanges

Over the past year, cryptocurrency exchanges have sent each other more than $92 billion in bitcoin. Most of all tradingTrading
– is an economic term that means the process of independent trade, independent analysis of the market and the conclusion of trade transactions.Details
platforms are registered in Britain, the USA and Hong Kong.

 

Where are the most crypto-exchanges

The Crystal analytic platform, created by the Bitfury crypto-company, conducted research on crypto-exchanges by country and the volume of transactions between them.

The report says that most cryptocurrency trading platforms are registered in the UK (43), the USA (27) and Hong Kong (22). Crystal also found 33 more crypto-exchanges, the geographical affiliation of which it could not determine.

The report says that most cryptocurrency trading platforms are registered in the UK (43), the USA (27) and Hong Kong (22). Crystal also found 33 more crypto-exchanges, the geographical affiliation of which she could not determine.

Interesting in the section: Can Bitcoins end? Limited emission of main cryptocurrency

  • For the 1st half of 2019, crypto-exchanges sent each other $20 billion. Half of this amount again fell to G20 countries.
  • In 2017, this figure was at the level of $57 billion
  • Crystal believes that in the future the number of crypto-exchanges with an unknown location will decrease, because the new FATF rules require trading floors to officially register and obtain a license.

 

See also: "Coinbase cryptocurrency exchange has settled a dispute with a client for $1.4 million"

#Cryptoexchange #Cryptotrading #BTC #Bitcoin #FATF #Regulation

Editor: Alex Riabukha
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