Crypto markets are open for trading & investing 24/7. But which country is trading the most? Here is a list of some of the highest volume of trade.
With this information, you can know when is the most volatile timing to trade and expect the market to respond to your buy and sells.
Asian countries combined $2.07B
USA $1.44B
Russia $1.05B
UK $738M
Venezuela $707M
China $633M
European countries combined $286M
Nigeria $258M
Australia $186M
Canada $100M
South Africa $98M
Hong Kong $41M
Saudi Arabia $24M
Singapore $21M
I think it is not that big for countries like venezuela, I have checked the website itself and it was showing the amount of fiat in venezuela got higher but in reality it is not getting higher because people are getting into it more, it is going up because money is worthless there because of the inflation being skyhigh. So right now the dollar value of it is less than it used to be but the fiat of them is higher because of inflation.
Dollar value is the real deal for all of us, for example as a "user" base Turkey has one of the highest ones however in reality money wise they are only putting small amounts into bitcoin because of the economic problems and people not having enough money and the ones have even a bit get into it because they want to get a bit more richer and even 10 dollars make a difference.