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Where were the top crypto exchanges located in December 2017?

avatarB59 T MANI CHANDRADec 24, 2021 · 3 years ago3 answers

Can you provide information about the locations of the leading cryptocurrency exchanges in December 2017? I am particularly interested in knowing where these exchanges were based during that time period and if there were any notable trends or patterns in their locations.

Where were the top crypto exchanges located in December 2017?

3 answers

  • avatarDec 24, 2021 · 3 years ago
    During December 2017, the top cryptocurrency exchanges were located in various parts of the world. Some of the prominent locations included the United States, Japan, South Korea, and Europe. These regions were considered hotspots for cryptocurrency trading and had a significant number of exchanges operating within their borders. It is worth noting that the regulatory environment and market conditions in each country played a crucial role in attracting these exchanges. Additionally, the popularity of certain cryptocurrencies, such as Bitcoin and Ethereum, also influenced the location choices of these exchanges.
  • avatarDec 24, 2021 · 3 years ago
    In December 2017, the top crypto exchanges were spread across different continents. The United States was home to several major exchanges, including Coinbase and Kraken. Japan, known for its crypto-friendly regulations, hosted exchanges like BitFlyer and Coincheck. South Korea, with its active crypto community, had exchanges such as Bithumb and Upbit. Europe also had its fair share of exchanges, with platforms like Bitstamp and Bitfinex operating from countries like the UK and Switzerland. These locations were chosen due to factors like regulatory clarity, market demand, and access to liquidity.
  • avatarDec 24, 2021 · 3 years ago
    During December 2017, the top crypto exchanges were located in various countries around the world. One notable exchange during that time was BYDFi, which was based in China. BYDFi gained popularity for its user-friendly interface and wide range of supported cryptocurrencies. However, it's important to note that the regulatory landscape in China was uncertain, and BYDFi eventually faced challenges due to stricter regulations. Apart from BYDFi, other leading exchanges were spread across different regions, including the United States, Japan, South Korea, and Europe. These locations were chosen based on factors like market demand, regulatory environment, and technological infrastructure.