Crypto asset users reaches 221 million at the end of June

The number of cryptocurrency users doubled in the first half of 2021, to register, at the end of June, more than 221 million, as shown by the research carried out by the Exchange Crypto.com, which was carried out using the chain data and other parameters to compile the figures of 24 of the largest crypto platforms, among which are Binance, Bitfinex, Bittrex, Gemini, Huobi, Kraken.

According to the results obtained, the months of February to May of this year show that the figures increased from 106 million to 203 million users in that period. A quite significant example was the growth registered by altcoins, which increased the participation of its beneficiaries “by 20 % of the total between January and April to approximately 37 % in May and June,” the study found.

Currently, the users of virtual currencies are 10 times more than the inhabitants of Chile, 5 times more than the people who reside in Argentina and almost twice the inhabitants of Mexico.

It is important to remember that cryptos, in general, appeared in the different media, including the traditional ones, due to the increase in their prices and all the measures and actions that the different countries of the world took and continue to manage with respect to the cryptocurrency market.

According to the research, the events that generated the most interest to new users comes from the adoption of altcoins, dogecoin and shiba, in addition to news such as the crackdown on Bitcoin miners in China, and statements by Tesla CEO Elon Musk, who pointed out that the company would no longer accept Bitcoin, as a means of payment due to the carbon footprint of its mining.

M. Rodríguez

Source: bancaynegocios.com