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India and Ukraine Are Some of the Top-Ranked Countries in Crypto Transactions

Published 08/19/2021, 04:35 AM
Updated 08/19/2021, 05:00 AM
India and Ukraine Are Some of the Top-Ranked Countries in Crypto Transactions

  • India and Ukraine are some of the top-ranked countries in crypto transactions.
  • Chainalysis said global crypto adoption grew by 881% in the past 12 months.

A crypto analyst data shows that India and Ukraine are some of the top-ranked countries in crypto transactions.

Chainalysis, the blockchain data platform, said that the global cryptocurrency adoption among individual investors has surged in the past year.

According to Chainalysis, global crypto adoption grew by 881% in the past 12 months. The company uses factors like peer-to-peer exchange trading volume and value received to provide the data.

In addition, Chainalysis highlighted the countries with the largest crypto adoption by retail investors. Vietnam, India, Pakistan, and Ukraine are the top-ranked countries in terms of transactions and individual saving.

Moreover, the...

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