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  4. Coronavirus Lockdown Boosts Bitcoin Trading in Russia?

Coronavirus Lockdown Boosts Bitcoin Trading in Russia?

tylerwinklevoss
2022-10-21 09:43:04

On June 4, a new study performed by a number of Russia-based crypto exchanges revealed a significant rise in Bitcoin (BTC) trading across Russia since March amid the COVID-19 lockdown.

As RBC reports, representatives from the Russian offices of exchanges like Binance, Garantex, and EXMO, highlighted the growth in the number of users in Russia. This number is relative to the increase in trading volumes from March until June.

Post Reply  
elandicaprio
2022-10-21 09:48:54

It is unlikely that some recent increase in bitcoin trade in Russia can be attributed to the fight against the spread of coronavirus. Maybe people are preparing in this way for the impending complete ban on cryptocurrency. After all, there are no statistics on this. Coronavirus has not brought anything positive to any state. Russia cannot be an exception.