Deribit cryptocurrency exchange announced leaving Russia. The share of the traffic of Russians on the platform has decreased, but still remains high.
We tell you which crypto -rhinas were most popular in the Russian Federation and what happened with trade activity in February.
What cryptocurrencies were used by Russians in February
Throughout February, the Russians remained among active users of the cryptocurrency. This is evidenced by data from the last report of the Chinese crypto journalist Colino Wu and his WublockChain service
The most popular platform among residents of the Russian Federation is Bybit. Last month, Russians accounted for up to 29% of the total traffic of the trading platform. The Russians have become the most active users of this crypto officer.
In second place in visiting users from Russia is Deribit – 10%. On HTX in the Russian Federation it took 8%, and on Kucoin – 5%.
Earlier, Deribit announced that it blocks Russian users due to sanctions by Europe. The cryptocurrency rush demanded to close all positions and withdraw funds until March 29. Compared to January, the share of Russians in the total traffic Deribit dropped by 3%.
Global trends
In February, the traffic of sites of the cryptocurrency was 20% lower than in January. This is probably due to the continuing fall of the crypto, due to which traders and investors lose interest.
The worst results according to the results of last month were recorded on Kucoin. The traffic traffic sank by 62%. Upbit and Coinbase lost 35% and 29%, respectively. Bybit, subjected to a large hacking of $ 1.5 billion, was 27%attendance.
In the meantime, the traffic on HTX jumped 45%. OKX (+15%) and Bitget (+6%) were also noted in the attendance in attendance.
The situation in the spot and derivative markets
In February, the total trading volume on large CEX decreased by 21%. This is due to the correction on the crypto.
The most noticeable decrease in analysts recorded on Crypto.com and Kraken. The volumes of trading in the spot market of these sites sank by 29% and 27%, respectively. On the Korean Crypto -Ride, the UPBIT, the indicator for a month sank by 46%.
On some crypto -streaks there was an increase in trade volumes. Bitfinex and MexC distinguished themselves here, which added 14% and 3%.
In the derivatives market, the situation is similar. Compared to January, in February, the volumes of trading sank by 17%. The worst of all was Crypto.com (-27%), Kraken (-26%) and Kucoin (-25%).
The three leaders in the meantime, meanwhile, included MexC (+7%) and Gate.io (+4%).
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Source: Cryptocurrency
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