Coinspeaker
Western Europe Sees 1.5 Million Daily Active Crypto Traders, Bitget Research Finds

Interest in crypto trading activities across Western Europe is rising, with an estimated 1.5 million daily active users.  According to recent research by Bitget, a popular digital asset trading platform in the industry, the region, which comprises countries such as Germany, Belgium, Austria, France, and the Netherlands, sees between 1.2 million and 1.5 million traders on a daily basis.

Germany and France Lead in Trading Activities

During the research, the company found that people in Germany and France are most interested in trading digital assets. Both countries have a strong presence of digital assets investors and enthusiasts in the region.

The trading activities are conducted on both centralized and decentralized exchanges. According to the research, most crypto traders in Western Europe prefer centralized exchanges (CEXs) to their decentralized counterparts. Due to their preference, traffic on CEXs is ten times higher than on decentralized platforms. These users prefer to trade futures contracts, especially those i...