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"Which cryptocurrency exchange have you used? - Coin"
Key Takeaways
Bitcoin is the dominant cryptocurrency in the UK, with 17.9% of respondents indicating it as their most traded coin. This aligns with Bitcoin's global status as the most widely recognized and trusted cryptocurrency, often seen as a store of value and a gateway for new users entering the crypto market. Ethereum also maintains a strong presence in the UK, ranking as the second-most traded cryptocurrency. Known for its smart contract functionality and use in decentralized applications, Ethereum attracts both investors and developers. Sweatcoin and Dogecoin cater to more niche interests, with Sweatcoin being a newer entrant focused on the fitness industry and Dogecoin continuing to thrive thanks to its community-driven popularity.
Uncover more insights with related statistics on cryptocurrency adoption barriers in UK, Britons’ cryptocurrency awareness, UK cryptocurrency adoption rate.
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