de | cn | ru

Market News

Americans make 22 mln crypto exchange visits per month

May 10 2019
By
Jonathan Smith ,

The USA is the country with the highest number of crypto account holders in the world, a recent report by the DataLight, an Estonian market research company, shows.

 

For a month Americans have visited crypto exchange websites just over 22 million times, followed by Japanese, who visited such sites 6,1 million times, South Koreans with 5,7 million visits and Brits with 3,9 million visits.

 

The rest of the countries filling the top 10 list are Russia with 3,2 million monthly visits, Brazil with 3,1 million visits, Germany with 2,5 million visits,  followed by Vietnam and Turkey with roughly 2,5 million and 2,4 million visits respectively and Canada with slightly over 2 million visits.

 

The research revealed as well a high number of visits form countries where the local currencies are relatively unstable like  Mexico, Ukraine, and Turkey.

 

“Interestingly, on one day in August 2018, a 10% drop in the value of the (Turkish) Lira was accompanied by a marked spike in volumes on bitcoin exchange LocalBitcoins,”  DataLight points out.

 

TAGS: crypto exchange  Americans  USA 
Broker Country Regulation Platform Min Deposit Review
US CFTC, NFA MT4, Web,
in-house
$50 Review Website
US NFA, CFTC MT4 $250 Review Website
Cyprus, UK, Mauritius CySec, FCA, FSC MT4, MT5, Web $10 Review Website
Australia, Cyprus ASIC MT4, MT5,
IRESSTrader
$100 Review Website
UK, Cyprus, Australia FCA, CySec, ASIC MT4, MT5 $5 Review Website
UK, Australia, South Africa FCA, ASIC, FSCA MT4, Trading
Station,
NinjaTrader
$50 Review Website
UK, Cyprus, UAE, South Africa FCA, CySEC, DFSA, FSB MT4, MT5, FxPro
Markets,
cTrader
$100 Review Website
Cyprus CySEC MT4, MT5, Web $1 Review Website
Belize IFSC MT4, MT5 $100 Review Website
Cyprus, UK, South Africa, UAE CySec, FCA, FSCA, DFSA MT4, MT5, Web $5 Review Website
Cyprus, UK CySEC, FCA MT4, MT5 $1 Review Website
UK FCA MT4, Web, MT4
for Mac
$100 Review Website
Australia, UK ASIC, FCA MT4, MT5,
cTrader
$200 Review Website

More Forex Market News

CySEC suspends the license of AFX Capital Markets

Jul 19 2019 16:33:06

  The Cyprus Securities and Exchange Commission (CySEC) announced that the license of AFX Capital Markets is temporarily suspended due to suspicions of non-compliance regarding the safeguard of clients’ funds. Read more

Belgium’s FSMA warned against binary options brokers Vipwayzone and Go Capital FX

Jul 18 2019 15:41:16

  Belgium’s financial regulator, the Financial Services and Markets Authority (FSMA) warned the public against Vipwayzone and Go Capital FX previous week. According to the FSMA, the two companies offer binary options without complying with Belgian financial legislation. Read more

Could Trump’s hostile view of Bitcoin & Libra affect the crypto market?

Jul 17 2019 16:34:56

In a series of tweets, the US President Donald Trump said he's not a fan of digital currencies like Bitcoin and Libra previous week. A couple of days later, Bitcoin plunged nearly 13% after US lawmakers grilled the Facebook executive in charge of Libra. Read more

Hong Kong’s SFC also blacklists GCG Asia

Jul 16 2019 15:08:47

  The Hong Kong Securities and Futures Commission (SFC) recently blacklisted unregulated brokerage Guardian Capital Asia (GCG Asia). Read more

German and Austrian police goes after several online financial scammers

Jul 15 2019 14:50:02

  Option888, XMarkets, TradeInvest90, ZoomTrader and TradoVest are being investigated by German and Austrian police for investment fraud and money laundering, the German public television reported, as quoted by the Times of Israel. Read more

ESMA warns forex brokerages not to circumvent its product intervention measures

Jul 12 2019 17:22:23

  The European Securities and Markets Authority (ESMA) has identified certain undesirable practices among CFDs providers, which raise concerns of non-compliance with the product intervention measures introduced a year ago. Read more

Spain’s CNMV blacklists Grand Capital, BinaryMate, FXTPremium, and more

Jul 11 2019 16:56:42

  Spain’s financial regulator, the CNMV, updated its warning list with a number of unregulated brokers on Monday: Grand Capital, BinaryMate, FXTPremium, VideForex, HQ BROKER, WellingtonInv, GlobalBCM. BitcoinTrader, and Smart Capital Advisor. Read more

Bitmarket closes up shop, hack suspected

Jul 10 2019 19:58:47

  Poland’s second-largest crypto exchange Bitmarket closed up shop on Tuesday, without any prior warning. According to a message posted a day earlier on the Bitmarket’s website, the exchange was forced to cease operations due to loss of liquidity. Read more

Austrian FMA flags unregulated brokerage Universe Markets

Jul 09 2019 15:31:55

    The Austrian Financial Market Authority (FMA) warns investors against dealing with Universe Markets and its parent WhiteSquare Trading Ltd. Read more

Capital FMI ends up on FCA’s warning list as a clone

Jul 08 2019 11:40:05

  Unregulated broker Capital FMI ended up on the warning list of UK’s Financial Conduct Authority (FCA) as a clone firm previous week. According to the regulator, the broker has been providing financial services or products in the UK, falsely claiming to be an authorised firm. Read more

de | cn | ru