Price: $0.38933 -6.3048%
Market Cap: 57.15B 1.9651%
Volume (24h): 18.6B 0.4%
Dominance: 1.9651%
Price: $0.38933 -6.3048%
Market Cap: 57.15B 1.9651%
Volume (24h): 18.6B 0.4%
Dominance: 1.9651% 1.9651%
  • Price: $0.38933 -6.3048%
  • Market Cap: 57.15B 1.9651%
  • Volume (24h): 18.6B 0.4%
  • Dominance: 1.9651% 1.9651%
  • Price: $0.38933 -6.3048%
Home > Information news > Here’s the Most Talked Cryptocurrencies and Most Used Exchanges by Chinese People

Here’s the Most Talked Cryptocurrencies and Most Used Exchanges by Chinese People

Release: 2024/08/20 02:06 Reading: 605

Original author:Bitcoin Sistemi EN

Original source:https://coinmarketcap.com/community/articles/66c37fca4d376512c7482596

Here’s the Most Talked Cryptocurrencies and Most Used Exchanges by Chinese People

Chinese Cryptocurrency Market Dominated by Binance and OKX

A recent survey conducted by Techflow sheds light on the Chinese cryptocurrency market, highlighting the persistent dominance of centralized exchanges Binance and OKX.

Exchange Rankings

Binance maintains its commanding lead in several categories, including:

  • Most frequently used exchange: 96.72% of respondents
  • Largest cryptocurrency asset holder
  • Most profitable exchange
  • Best platform for new listings (over 60% market share)

OKX, Gate, Bitget, Bybit, and HTX round out the top six exchanges, but Binance and OKX boast a significant advantage.

Information Sources and Market Sentiment

  • 87% of respondents primarily rely on Twitter for cryptocurrency news.
  • A16z, Paradigm, and Binance Labs are the most recognizable venture capital firms.
  • Regulatory concerns have a negligible impact on investment decisions for 69.61% of respondents.

Cryptocurrency Community Idols

The most frequently mentioned crypto idols include:

  • Bitcoin creator Satoshi Nakamoto
  • Ethereum founder Vitalik Buterin
  • SpaceX CEO Elon Musk
  • Binance CEO Changpeng Zhao (CZ)

Popular Cryptocurrencies

Bitcoin, Ethereum, Solana, BNB, and PEPE are the most widely discussed cryptocurrencies among Chinese users.

Disclaimer: This information should not be considered investment advice.

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