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Author Topic: [2018-04-15] Japan Finally Trades $97 Billion in Just One Month  (Read 18 times)
Vladdirescu87
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April 15, 2018, 06:42:23 PM
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Data has been released by Japan's Financial Service Agency (FSA) which showed that Bitcoin trading has made the country one of the top leaders in the world as far as cryptocurrency business is concerned.

A minimum of 3.5 million people were highly involved in the trading of cryptocurrency on Japan's 17 domestic exchanges in late March 2018 and that 84% of those traders fall between the age of 20 and 40 as per Financial Service Agency.

The trading volume of bitcoin increased from $22 million in March 2017 in Japan and also there was a mega upward increase of trading on margins, credit and futures of bitcoin as a fundamental asset from $2 million in 2014 to $543 billion in 2017.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/japan-trades-97-billion-in-one-month/



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April 15, 2018, 09:42:57 PM
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That number was calculated from total trading volume on Japanese exchanges. I'm not sure if we can assume that only Japanese people trade on these exchanges. I know some Korean exchanges are open only for Korean residents but I'm not sure about Japanese exchanges like bitFlyer, BTCBOX, Bitbank, Zaif...

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