Russia and Venezuela top November trading volumes at LocalBitcoins

SHARE THIS:

Not only residents of Venezuela are actively using the LocalBitcoins platform to acquire bitcoins. In November, Russia unexpectedly became the leader in investment in BTC through this service.

She led the ranking of states whose citizens use LocalBitcoins most to purchase cryptocurrency. According to CryptoDiffer, Russian citizens made transactions with 4335 bitcoins, which is 27% of the total turnover on the platform.

The top three also included Venezuela and the United States, which accounted for 14% and 10% of transactions with BTC in November. Colombia, Great Britain, China, Nigeria, India, South Africa and Peru also entered the top ten.

However, if we take the data on bitcoin transactions per person as a reference point, it was found that Venezuela was again the leader . In this country, one citizen, on average, performs an operation with 0.00006 BTC ($ 0.6). Russia and Colombia took second and third places respectively (0.00003 BTC and 0.00002 BTC).

Some observers believe that the most active users of LocalBitcoins are Russian companies. They use cryptocurrency to circumvent Western economic sanctions.

In addition, they are starting to use cryptocurrency to withdraw capital from Russia, so that suspicious transactions are not noticed by the Central Bank and Rosfinmonitoring.

Especially for you Alihan Alihanrin!
Subscribe to me on social networks so as not to miss something interesting and important!
Leave your comments, it is important for me to know what you think!
Share this article with your friends. They will like it, and they will be grateful to you!
READ ALSO:  The main stage of the USE started in Russia
SHARE THIS:

Watch my YouTube video!

Linked Posts

None found

Some recommended posts

June 24 was held a special meeting at which it was decided that the Tulelake Butte Valley Fair should be
Who is Alex Guerci? It is an Italian professional football player. Defender Lecco. At the moment, Alex plays as a
Age 82 years old Plymouth California. The woman died on Tuesday, June 9, 2020 after a long and hard battle

Be the first to comment

Leave a Reply

Your email address will not be published.


*