The Next Million Crypto Users
SUBX will help to generate demand for new and old, as well as big and small cryptocurrencies. No other online cryptocurrency exchange can bring in new cryptocurrency users from this segment and in the same number, thanks to our powerful focus on attracting the consumer market.
From 1000 to 1 million with future growth in mind, let’s look at some relevant statistics as of October 2018:
– Bitcoin price is approximately USD 6,192
– Bitcoin market capitalization is approximately USD 100 billion
– Trading frequency is 250,000 times
– Trade volume is USD 900 million.
With trading volume accounting for 1.1% of total volume, the reason bitcoin had such respectable numbers is because there may be as many as 5.8 and 11.5 million – an average of 8.7 million – active wallets. However, the global bitcoin wallet ownership numbers do not even reach 2% of the population of South East Asia.