Bitcoin trading may be an excellent opportunity to profit from the world’s most famous cryptocurrency. It’s volatile nature, and limited supply makes for a superb longterm investment too. And countries around the globe slowly realize it’s potential growth in value. It’s been revealed that the world’s emerging countries show the most significant increase within the number of users. The countries with the very best user-growth include Nigeria, India, Pakistan, Colombia, and Canada. And the two countries with the very best female user-growth are Romania and Greece.
– The Information Source
The Coin Market Cap website currently ranks 569th globally for site traffic and user engagement, consistent with Alexa’s ranking. They were acquired by Binance Capital Management, which operates among the world’s largest trading platforms. The information talked in this article is based on their findings, which shows good reason to invest in Bitcoin now and trade for profit.
– Increase in Youth Users
A Leading cryptocurrency market data and price provider has published a report that highlights the crypto market and user trends for the year-on-year. They explained how the info analyzed comes from their proprietary market-capitalization data & user insights, collated from their massive user base. They found trends that seems promising. A first being the quarterly growth of 43.24% of female users on its website, and the second being the 46.04% quarterly growth of its youth users (ages between 18 and 24). The report details that the youth user segment (aged 18-24), the continent of Oceania, saw the most critical percentage jump of 151.95%, followed by Africa with 91.47%.
They specifically named nine countries with the very best increase in users between the ages of 18 and 24. The nine countries with a minimum of 80% user growth were led by Nigeria, which saw a rise of 210.6%. Australia follows them with a 158.07% rise and Spain with a 120.71% rise. Other top countries included Canada with a 112.45% rise, Mexico with a 97.33% rise, the UK with a 91.48% rise, Colombia with an 85.07% rise, India with an 83.07% rise, and Pakistan with an 81.79% rise.
– Increase in Female Users
The number of female users has also risen substantially. While they’ve consistently seen an increasing number of female users, this segment saw a very robust growth of 43.24% when compared to the previous stats. Within the feminine user segment, America and European regions grew 50% in users.
They also named nine countries with the highest increase with the number of girl-users, especially compared to previous stats. Greece leads the pack with a 163.67% growth, followed by Romania with 145.09% growth, Argentina with 98.23% growth, Portugal with 89.95% growth, Indonesia with 88.92% growth, Ukraine with 86.68% growth, Czechia with 85.6% growth, Colombia with 82.03% growth, and Venezuela with 80.23% growth. Furthermore, they found a 41% increase in the number of users older than 65 years old.
– How To Benefit From The Demand
The current reward for mining Bitcoin is 12.5 BTC per block solution, which means the Bitcoin supply is inflating at about 4% annually. This rate is likely to drop this year after the next reward-halving occurs. The fact that Bitcoin’s price continues to rise despite such high inflation indicates it’s exceptionally high demand. Buyers snatch up the thousands of coins offered by miners and sellers every day. The fastest and most straightforward way to take advantage of this opportunity is to trade BTC online. There are considerable profits to be made.