New data shows that US traders are the most active amongst big exchanges

06 Feb, 2019 | Updated: 06 Feb, 2019
by Richard Allen
News
New data shows that US traders are the most active amongst big exchanges

According to a recent tweet by data analytics firm DataLight, traders in the US are the most active on major exchanges.

60% of Coinbase’s users are based in the US, according to the data. By comparison, Binance, Bittrex and Poloniex feature 24.2%, 27.6% and 28.6% respectively. American users make up a much smaller percentage of the total users on Hong Kong-based exchange Bitfinex with just under 11%. Interestingly, 13.5% of Bitfinex’s customer base is in Germany.

Chepicap reported earlier in the year that Bittrex had launched an over-the-counter (OTC) trading desk with an impressively high number of cryptocurrencies – 200 as the company reports.

Additionally, Binance has recently announced the second project to be launched on their native Launchpad. The news resulted in a price surge of around 14% for Binance Coin and saw the token flip both Cardano and Bitcoin Cash SV to take the number 10 spot.

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