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"Which cryptocurrency exchange have you used? - Coin"
Key Takeaways
Bitcoin is by far the most traded cryptocurrency in Thailand, with a significant 73.25% of respondents indicating they have traded or used Bitcoin. As the first and most widely recognized cryptocurrency globally, Bitcoin continues to dominate the market in Thailand, with users viewing it as a safe entry point into the world of digital assets. Its status as a store of value and a hedge against inflation likely contributes to its continued appeal in the country.
Following Bitcoin, Ethereum holds the second spot with 20.12% of respondents trading or using it. Ethereum’s robust ecosystem, which supports smart contracts and decentralized applications (dApps), likely drives its popularity. As DeFi (decentralized finance) and NFTs (non-fungible tokens) grow in Thailand, Ethereum’s role in these sectors positions it as a key player in the local market.
For further insights, explore preferred cryptocurrency storage methods in Thailand, Top cryptocurrency exchanges in Thailand, cryptocurrency awareness in Thailand.
Cryptocurrency Insights Report in Thailand
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