The following article is based on insights from the Blockchain Connect Conference in San Francisco. Included in this exchange panel are exchange CEO’s Chris Lee (OKEX), Jesse Powell (Kraken), Mike Kayamori (Quoine), Chief Strategy Officer Kailong Cai (Huobi), and Head of International Markets Ted Lin (Binance Exchange).

We’re gonna be a much more prosperous society because we don’t require such a huge drag on our society… because the blockchain is now that trusted third party.”- Tim Draper, American venture capital investor.

Cryptocurrency Trading Demographics

The US, Japan, and China are major cryptocurrency markets. The average trader is male in their 20s and 30s, with females and other extreme age groups entering the market.

OKEX: “30% of all Koreans are trading crypto.”

Huobi: 70% of customers come from China, a lot from Japan, but not much from US. About 50% are 30-50, while …