[INFOGRAPHIC] We Had a Total Trading Volume of $596M in Q1, 2020 with Kenya Having the Fastest Growth, Says LocalBitcoins


LocalBitcoins has released a breakdown of its Q1, 2021 results which shows an impressive upward trend and a successful first quarter of the year.

LocalBitcoins has revealed that the total trading volume on the platform was just short of $600 milllion ($596 million) during the quarter.


SEE ALSO[WATCH] Kenya is a Key Market for Us with Over 17, 000 Kenyans Regularly Trading as of February 2021, Says LocalBitcoins


Below is a breakdown of Q1, 2021 on LocalBitcoins:

  • Total trading volume was $596 million
  • Over 2,200,000 Bitcoin trades were completed successfully on the marketplace
  • On average, there were 25, 000 successful daily trades
  • There were, on average, 4,700 new signups per day
  • Russia took top spot in highest traded volumes globally
  • Kenya was the fastest growth market taking up number 9 spot globally

Below is a breakdown of the top 12 countries with the highest trading volumes on LocalBitcoins in Q1, 2021:

  • Russia
  • Venezuela
  • Colombia
  • United Kingdom
  • Nigeria
  • China
  • India
  • South Africa
  • Kenya
  • Peru
  • Spain
  • Chile


RECOMMENDED READING: [WATCH] We Got Over 37K Registrations in 2020 – 27% of Our Users in South Africa are Women, Says LocalBitcoins


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