New users have flocked to crypto despite the bear market. A recent study from the Cambridge Centre for Alternative Finance found that the number of crypto users has nearly doubled this year, rising from 85 million in 2017 to 139 million in 2018.

Even more significantly, the number of ID verified users is seven times higher today than it was two years ago.


A significant amount of people have jumped into crypto – and a large number of them through a regulatory friendly platform. The days of crypto being used solely on the dark web are nearing an end. More and more people are becoming comfortable with crypto and believe in its long-term potential.

It's only a matter of time before this insurgence of new investors has a positive effect on the crypto market.

To read the full study, click here.

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