We believe that cryptocurrencies are the next step in the development of the financial system. This is why at UCoin we are diligently working to bring cryptocurrencies to the maximum number of people, enabling them to use crypto everywhere — wherever they are! In the meantime, we would like to show you a study by Chainalysis, a crypto analytics company, which has shown that the top-10 countries when it comes to cryptocurrency activity are:
Ukraine
Russia
Venezuela
China
Kenya
USA
South Africa
Nigeria
Colombia
Vietnam
To make the study as objective as possible, researchers looked at population size, the country’s economic performance, as well as the amount of digital assets transacted per capita; cryptocurrency holdings; retail and p2p transactions worth over $10,000, calculated against purchasing power parity.
