Netherlands: leading cryptocurrency exchanges 2018

This statistic shows the answers to a survey question about which currency exchanges, or trading platforms, are used by consumers in the Netherlands for the trading of cryptocurrencies as of 2018. Approximately 23 percent of the respondents indicated they used Coinbase for these means. LiteBit, an exchange from the Netherlands, was used by 20 percent of the respondents.

Bitcoin is a so-called cryptocurrency, a digital currency that uses blockchain technology as a means of security. Because of its design, it is difficult to get an insight in the full size of the Bitcoin market in individual countries. Because Bitcoin and other cryptocurrencies reached the news often in 2017, approximately 60 percent of the households in the Netherlands who invest in cryptocurrencies started doing so in 2017.

In the first three quarters of 2017, there were approximately 44,000 transactions in Bitcoin from the Netherlands on a trading platform called BTC Direct. In addition, Belgium and the Netherlands have several Bitcoin ATM installations.

Which exchanges do you use when buying, selling and trading cryptocurrencies?

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Release date

February 2018

More information

Region

Netherlands

Survey time period

Sample 1 = January 16, 2018 to January 22, 2018; Sample 2 = February 12, 2018 to February 14, 2018

Number of respondents

508 respondents

Age group

18-80 years

Special properties

consumers who own cryptocurrencies; the source performed two seperate samples of the survey: n sample 1 = 7,342, n sample 2 = 5,042

Method of interview

Panel survey

Supplementary notes

This question was phrased by the source as follows: "Hoe ben je aan je cryptomunten gekomen? (gekocht, geruild (trading), gekregen, anders)" (in English: "How did you get your cryptocurrencies? (bought, traded/trading, received, other)")

The source does not provide any information regarding percentage points exceeding 100 percent or multiple answering options.

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