The average revenue per user in the 'Cryptocurrencies' segment of the fintech market in Vietnam was forecast to continuously increase between 2024 and 2028 by in total 2.9 U.S. dollars (+19.65 percent). According to this forecast, in 2028, the indicator will have increased for the sixth consecutive year to 17.62 U.S. dollars.
Data provided by Statista Market Insights are estimates.
Definition:
Cryptocurrencies are digital currencies that use an online ledger with strong cryptography to secure online transactions. Generally, cryptocurrencies are decentralized networks based on blockchain technology – a distributed ledger technology that autonomously records peer-to-peer transactions across decentralized computers without a central authority. Cryptocurrencies are predominantly traded and exchanged cryptocurrency exchanges, neobrokers, and neobanks.
Cryptocurrency networks, cryptocurrency exchanges, neobrokers, and neobanks require digital onboarding of their clients and do not have physical branches to provide consultations and services to their customers. Nevertheless, it is not mandatory for their potential clients to have a smartphone to open an account. The above-mentioned financial entities usually charge a fee for their services, and, given the nature of cryptocurrency trading activities, these platforms can be accessed either via a mobile app or via a desktop website.
Additional Information:
Within our market scope, we focus only on cryptocurrency exchanges, online trading platforms, and neobanks that provide either exclusively B2C or both B2B and B2C services.Key players in this market are Coinbase, Binance & Robinhood.
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Statista. (January 22, 2024). Revenue per user of cryptocurrencies in Vietnam 2018-2028 (in U.S. dollars) [Graph]. In Statista. Retrieved December 24, 2024, from https://www.statista.com/forecasts/1368484/average-transaction-value-per-user-of-cryptocurrencies-vietnam
Statista. "Revenue per user of cryptocurrencies in Vietnam 2018-2028 (in U.S. dollars)." Chart. January 22, 2024. Statista. Accessed December 24, 2024. https://www.statista.com/forecasts/1368484/average-transaction-value-per-user-of-cryptocurrencies-vietnam
Statista. (2024). Revenue per user of cryptocurrencies in Vietnam 2018-2028 (in U.S. dollars). Statista. Statista Inc.. Accessed: December 24, 2024. https://www.statista.com/forecasts/1368484/average-transaction-value-per-user-of-cryptocurrencies-vietnam
Statista. "Revenue per User of Cryptocurrencies in Vietnam 2018-2028 (in U.S. Dollars)." Statista, Statista Inc., 22 Jan 2024, https://www.statista.com/forecasts/1368484/average-transaction-value-per-user-of-cryptocurrencies-vietnam
Statista, Revenue per user of cryptocurrencies in Vietnam 2018-2028 (in U.S. dollars) Statista, https://www.statista.com/forecasts/1368484/average-transaction-value-per-user-of-cryptocurrencies-vietnam (last visited December 24, 2024)
Revenue per user of cryptocurrencies in Vietnam 2018-2028 (in U.S. dollars) [Graph], Statista, January 22, 2024. [Online]. Available: https://www.statista.com/forecasts/1368484/average-transaction-value-per-user-of-cryptocurrencies-vietnam
