Over the past few months, cryptocurrency adoption in the European region has grown dramatically.
According to a recent Chainalysis report, Europe has become the world’s largest digital economy, with over $1 trillion in cryptocurrency transactions, representing 25% of global activity.
The report has positioned Europe as the second largest market for cryptocurrency transactions internationally.
Statist has confirmed the positive growth trend of the European market, reporting that the market will experience rapid growth over the next 4 years, growing at a compound annual rate of 8.29%, rising from $12.6 billion this year to €17.3 billion by 2028.
Which companies are leading the cryptocurrency market in Europe?
Bitnovo
Bitnovo has been considered one of the main references within cryptocurrency companies in Europe and around the world.
The company recently closed some major partnerships with players from various industries such as Ducati.
Furthermore, its commitment to excellence has enabled the company to expand its presence into the markets of the Netherlands and France.
Bitnovo has provided thousands of people with the opportunity to trade cryptocurrencies in Europe, thanks to various tools such as Bitnovo Pay, among others.
Ledger
Ledger is considered one of the leading companies within the crypto industry in Europe
The company offers several users within Europe the possibility of operating with cryptocurrencies safely, as each person is their own custodian.
A clear example of its usability is the recent application known as Ledger Live, which offers the possibility of trading cryptocurrencies, including Bitcoin and Ethereum, among others.
Another example of their products is known as Ledger Flex, being considered one of Ledger's main products.
Binance Europa
Binance Europe is one of the largest cryptocurrency exchange platforms in the world.
Binance was founded in July 2017 by Changpeng Zhao, since its inception, Binance has grown rapidly, becoming a global leader in digital asset trading.
In Europe, Binance offers a wide range of cryptocurrency-related services. These include cryptocurrency exchange, where users can buy, sell and trade a variety of crypto assets.
Binance Europe also stands out for its commitment to education and research in the field of cryptocurrencies.