40% of Cryptocurrency Traders Use at Least Three Exchanges; Only 19% Use Just One

Written by raysvitla | Published 2019/11/22
Tech Story Tags: research | survey-research | exchanges | cryptocurrency-survey | cryptocurrency-study | crypto-exchange | cryptocurrency | crypto-trading

TLDR BDCenter Digital surveyed over 800 traders from 75 countries. 80% of the participants admitted having entered the market less than 3 years ago. 70% said they would consider switching to another platform if their current exchange gets hacked. 40% of participants stated they use three or more exchanges on a regular basis – and only 19% use just one. Russians are more prone to trade in altcoins than their colleagues in other regions, but the percentage of OTC service users among them is the lowest (17%)via the TL;DR App

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Written by raysvitla | entrepreneur, strategist, and researcher
Published by HackerNoon on 2019/11/22