CEX.IO company blog | Russians become more active in trading cryptocurrencies amid the second wave of COVID-19

In the spring, during the period of self-isolation, crypto exchanges noted increased activity of users from Russia.The number of registered traders inApril 2020 was twice the figures for December 2019. Dmitry Volkov, CTO of CEX.IO, commented on what is happening with the market now.

Despite the gradual decline in trading volumes, which has been observed since the beginning of September, in general, interest in cryptocurrencies is increasing.

For most parameters (the number of registrations, the amount of deposits, KYC), a smooth growth is observed.

Russians are more actively interested in cryptocurrencies than the world average, and this interest is growing. It clearly stands out in comparison with the performance of other countries.

Read the full material here.

If you also want to become part of the growing crypto community, then follow the link and trade with us at CEX.IO.