LocalBitcoins Volumes Are Dominated by Russia and Venezuela, New Data Finds16.04

LocalBitcoins is a good yardstick for measuring bitcoin usage on a country by country basis. A new analysis dives deeper than ever before into the data, considering metrics that have previously been overlooked.

Though the majority of bitcoin activity occurs via online exchanges, country-specific data is hard to come by. LocalBitcoins does separate trade volume data by country but doesn’t tell the full story.

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