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"Which cryptocurrency exchange have you used? - Exchange \ Platform + Other"
Key Takeaways
Binance emerges as the leading cryptocurrency exchange and platform in Spain, with 58.37% of respondents reporting its use. Binance’s dominant position in the Spanish market is likely due to its comprehensive offerings, lower fees, and wide range of cryptocurrencies available for trading. Coinbase follows in second place, reflecting its strong user base, possibly driven by its reputation for being user-friendly, especially for beginners in the cryptocurrency space. On the other hand, platforms like Faucetpay and Revolut have minimal adoption. While these platforms are present in the market, they cater to a much smaller, niche user base. Revolut may be more popular as a financial app but hasn't made significant strides specifically in crypto trading compared to Binance or Coinbase.
Get more insights by checking out Cryptocurrency adoption in Spain, preferred payment methods in Spain, Spain’s cryptocurrency adoption.
Cryptocurrency Insights Report in Spain
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