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"Which cryptocurrency exchange have you used? - Coin"
Key Takeaways
Bitcoin stands out as the most widely traded cryptocurrency in the US, with 27.08% of respondents indicating they have traded it. This aligns with Bitcoin's status as the first and most recognized cryptocurrency, often serving as an entry point for new users and a store of value for more experienced investors.
Ethereum follows with a smaller but still significant share of 3.46%. Ethereum’s appeal lies in its smart contract functionality and widespread use in decentralized applications (dApps) and decentralized finance (DeFi), which sets it apart from Bitcoin’s primary role as a digital currency.
Explore related charts to gain a better understanding of cryptocurrency engagement among Americans, American cryptocurrency awareness, Top payment methods in the US.
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