#bitcoinhalving #Hotternds #topicoftheday #CryptocurrencyAlert
🔆Western Europe is a key player in the cryptocurrency industry, experiencing rapid growth and strong user involvement. Bitget's analysis explores the structure of cryptocurrency markets in the region, highlighting user preferences and predicting future trends.

💰Centralized exchanges, led by Germany and France, dominate cryptocurrency trading in Western Europe. Austria notably saw a 70% increase in traders between December 2022 and December 2023 due to its progressive investment approach.  CEX platforms significantly outweigh DEX counterparts in user traffic, although decentralized platforms like PancakeSwap and Uniswap garner notable traction. Leading wallets include Coinbase, Metamask, Bitget Wallet, and TrustWallet, with the latter gaining traction beyond Western Europe, particularly in regions like Ukraine due to its support for UAHg-pegged stablecoin.

📍Western European traders prioritize education and long-term investments, with active participation in online forums and adherence to regulatory standards. Germany and France are expected to maintain their cryptocurrency hub status, with DAUs projected to reach 1.2–1.5 million by 2024. On-chain interactions, especially with NFTs, DEXes, and blockchain games, are anticipated to remain strong.

🔎Decentralized exchanges will meet the growing demand for on-chain transactions, while emerging centralized exchanges will gain market share with superior customer service. Wallets integrating multiple blockchain ecosystems, such as Phantom and Bitget Wallet, will witness significant growth.

❗️In summary, Western Europe plays a vital role in the cryptocurrency market, with forecasts indicating continued growth. 

✅Regulatory compliance and user-driven innovation will shape the region's cryptocurrency landscape.

#Hotternds #topicoftheday #ExchangeNews #kunaexchange #CryptoNewss
The Ukrainian cryptocurrency exchange Kuna is exploring the option of selling its local business and has already held initial talks with potential investors. The exchange’s founder, Mykhailo Chobanian, revealed this in an interview with Mind.ua.
According to Chobanian, the decision stems from the high risks present in the local market. Ukraine lacks effective cryptocurrency regulations, and due to restrictions from the National Bank of Ukraine (NBU), specialized companies have lost the ability to legally work with hryvnia bank cards.
The company is currently considering four options for its future: a complete exit from the Ukrainian market, selling its subsidiary, a hybrid partnership, or integration with a local bank. Negotiations are ongoing for individual proposals that have been received, although there have been no significant results so far.
Kuna plans to focus on the European Union market while continuing to serve a large number of Ukrainian clients.
It is worth noting that in April 2023, Kuna announced a shift in focus to working with businesses and financial institutions. At that time, Chobanian suggested that the exchange might leave the Ukrainian hryvnia market.
In my opinion, it’s not a big deal if they leave. Let’s not forget that the main leader in Ukraine is WhiteBIT, which is currently topping all the charts.
Everyone, enjoy your crypto!