What were the geographical distribution of crypto exchanges in December 2017?
Maldonado PatrickNov 23, 2021 · 3 years ago3 answers
Can you provide a detailed description of the geographical distribution of crypto exchanges in December 2017?
3 answers
- Nov 23, 2021 · 3 years agoIn December 2017, the geographical distribution of crypto exchanges was quite diverse. Major exchanges were located in countries such as the United States, Japan, South Korea, and China. These countries had a significant presence in the crypto market and attracted a large number of traders and investors. Additionally, Europe, particularly countries like the United Kingdom, Germany, and Switzerland, also had notable crypto exchanges. Overall, the distribution of crypto exchanges in December 2017 reflected the global nature of the cryptocurrency industry, with exchanges spread across different regions to cater to the growing demand for digital assets.
- Nov 23, 2021 · 3 years agoBack in December 2017, the crypto exchange landscape was dominated by exchanges in the United States and Asia. Countries like the United States, Japan, and South Korea were at the forefront of the crypto revolution, with their exchanges attracting a substantial amount of trading volume. However, it's important to note that the distribution was not limited to these regions alone. Europe also had its fair share of crypto exchanges, with countries like the United Kingdom and Germany hosting popular platforms. The geographical distribution of crypto exchanges in December 2017 showcased the global interest and adoption of cryptocurrencies.
- Nov 23, 2021 · 3 years agoDuring December 2017, the geographical distribution of crypto exchanges was widespread, with exchanges operating in various parts of the world. The United States, being a major player in the crypto market, had several prominent exchanges like Coinbase and Gemini. Asia, particularly Japan and South Korea, also had a strong presence with exchanges like BitFlyer and Bithumb. Additionally, Europe had notable exchanges such as Bitstamp and Kraken. It's worth mentioning that the distribution was not limited to these regions, as there were exchanges in other countries as well. Overall, December 2017 witnessed a global distribution of crypto exchanges, indicating the growing popularity and acceptance of cryptocurrencies worldwide.
Related Tags
Hot Questions
- 97
How does cryptocurrency affect my tax return?
- 88
What are the best practices for reporting cryptocurrency on my taxes?
- 76
What are the advantages of using cryptocurrency for online transactions?
- 75
How can I buy Bitcoin with a credit card?
- 66
How can I protect my digital assets from hackers?
- 57
What are the best digital currencies to invest in right now?
- 51
How can I minimize my tax liability when dealing with cryptocurrencies?
- 10
Are there any special tax rules for crypto investors?