According to a Feb. 4 tweet, new data shows that United States traders are the most active across major crypto exchanges
Data analytics firm DataLight reported the U.S. has the highest distribution of traders — 60 percent — on major crypto exchanges and the wallet Coinbase, while on Binance, Bittrex and Poloniex, U.S. traders make up 24, 27 and 28 percent of total crypto traders respectively.
Geographical Distribution of Crypto Traders. Source: DataLight
On the Hong Kong-based crypto exchange Bitfinex, American traders are less represented, at 10 percent of traders on the exchange, while German traders make up 13 percent.
DataLight’s report gained traction on social media. Community responses comprised: