Cryptocurrency - the salvation of many countries
Colombia, South Africa and Indonesia were also in the top six in terms of the number of cryptocurrency transactions. LocalBitcoins analysts said that Bitcoin holders from the above countries often do not sell, but buy coins, trying to sell them at the right time. In addition, institutional bodies are interested in cryptocurrency.
In Iran, just last week, the number of transactions with Bitcoin increased by about 150 percent. In the Islamic Republic for the same period 67 major coins were transferred. It is worth noting that most of the transactions were external transfers.
In Indonesia, over the past two weeks, the total volume of transactions with cryptocurrency increased by 2000 percent. In total, over 260 bitcoins were transferred over the period. There is a similar situation in Venezuela and Colombia. Analysts are confident that the national currency of the country no longer causes confidence among citizens, which is why they use Bitcoins and other coins to store their savings.
