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Poll: almost half of crypto traders prefer centralized exchanges

by Vaibhav
December 29, 2021
in News
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Poll: almost half of crypto traders prefer centralized exchanges
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47% of Cryplogger survey participants who trade cryptocurrencies use only centralized platforms for this.

Among 3015 respondents, almost 66% are engaged in trading. Half called it a lucrative business.

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The most popular exchange among the survey participants was Binance. 70% of traders trade on it.

See also  FTX subsidiary Alameda Research sues Voyager Digital for $446 million

Decentralized exchanges (DEX) are used by almost 30% of respondents, 18% combine them with centralized platforms.

Recall, according to the calculations of CryptoRank analysts, there are 1.3 million BTC at the addresses of centralized trading platforms – 6.5% of the total market supply.

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Name Price24H (%)
bitcoin
Bitcoin (BTC)
$22,902.00
-0.01%
ethereum
Ethereum (ETH)
$1,634.81
0.46%
tether
Tether (USDT)
$1.00
0.15%
binancecoin
BNB (BNB)
$327.77
0.72%
usd-coin
USD Coin (USDC)
$1.00
0.12%
ripple
XRP (XRP)
$0.394259
-1.17%
cardano
Cardano (ADA)
$0.387060
-1.46%
dogecoin
Dogecoin (DOGE)
$0.091057
-0.66%
matic-network
Polygon (MATIC)
$1.22
2.09%
solana
Solana (SOL)
$23.09
-1.29%
shiba-inu
Shiba Inu (SHIB)
$0.000014
-1.80%
polkadot
Polkadot (DOT)
$6.60
-1.04%
litecoin
Litecoin (LTC)
$99.49
3.65%
avalanche-2
Avalanche (AVAX)
$20.01
0.06%
crypto-com-chain
Cronos (CRO)
$0.080639
-0.92%
vechain
VeChain (VET)
$0.024015
-0.14%
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