The number of cryptocurrency users in the world has reached 106 million people

In January 2021, the number of cryptocurrency users reached 106 million, according to a cryptocurrency reportpayment platform Crypto.com.

Analysts studied data from 24 Bitcoin exchanges.During January, new users increased by 15.7%, while in the previous three months the growth rate was 0.8-1.3%. According to researchers, the positive dynamics could have contributed to the rise of the first cryptocurrency to new all-time highs.

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- Crypto.com (@cryptocom) February 25, 2021

Among additional drivers, analysts mentioned the DeFi summer, PayPal's addition of the ability to buy and sell Bitcoin, as well as the easing of restrictions on the use of cryptocurrencies.

If in August the market fueled the excitement aroundprotocols of decentralized finance, then in January the growth provoked increasing interest from institutions, analysts noted. They cited the activity of MicroStrategy as an example.

According to Crypto.com estimates, in January 71 million users owned Bitcoin and 14 million users owned Ethereum. During this period, the audience grew by 30.2% and 13.1%, respectively.

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Researchers have pointed out the limitationsmethodology based, among other things, on the on-chain data of bitcoin and Ethereum. In particular, the sample may incorrectly take into account those users who work through OTC services.

In September, the University of Cambridge estimated that the number of cryptocurrency users had almost tripled in two years, from 35 million to 101 million.

In February, Bitcoin payment serviceBottlepay raised £11 million. The application allows micropayments in bitcoins in real time “for pennies” and can become one of the drivers for increasing the audience.

Where is it more profitable to buy cryptocurrency? TOP-5 exchanges

For a safe and convenient purchase of cryptocurrencies with a minimum commission, we have prepared a rating of the most reliable and popular cryptocurrency exchanges that support deposits and withdrawals of funds inrubles, hryvnias, dollars and euros.

The reliability of the site is primarily determinedtrading volume and number of users. By all key metrics, the largest cryptocurrency exchange in the world is Binance. Binance is also the most popular crypto exchange in Russia and the CIS, since it has the largest cash turnover and supports transfers in rubles from bank cardsVisa / MasterCardand payment systemsQIWI, Advcash, Payeer.

Especially for beginners, we have prepared a detailed guide: How to buy bitcoin on a crypto exchange for rubles?

Rating of cryptocurrency exchanges:

#	Exchange:	Website:	Rating:
1	Binance (Editor's Choice)	https://binance.com	9.7
2	Bybit	https://bybit.com	7.5
3	OKEx	https://okex.com	7.1
4	Exmo	https://exmo.me	6.9
5	Huobi	https://huobi.com	6.5

The criteria by which the rating is set in our rating of crypto-exchanges:

• Work reliability&#8212; stability of access to all functions of the platform, including uninterrupted trading, deposits and withdrawals of funds, as well as the duration of the market and daily trading volume.
• Commissions– the amount of commission for trading operations within the platform and withdrawal of assets.
• Feedback and support– we analyze user reviews and the quality of technical support.
• Convenience of the interface– we evaluate the functionality and intuitiveness of the interface, possible errors and failures when working with the exchange.
• Platform Features– availability of additional features &#8212; futures, options, staking, etc.
• final grade– the average number of points for all indicators determines the place in the ranking.

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