Global P2P Bitcoin Trading Volume at Highest Point Since Jan. 2018

Cointelegraph

Published Aug 13, 2020 12:59AM ET

Updated Aug 13, 2020 02:40AM ET

Combined global peer-to-peer (P2P) Bitcoin trading volumes have surged to their highest levels since January 2018, with nearly $95 million worth of Bitcoin (BTC) changing hands on Localbitcoins and Paxful in the first week of August.

The spike comes as many Latin American markets have seen trade activity rally into new highs over recent weeks, with the Bitcoin P2P markets in Argentina, Mexico, Chile, Bolivia, Honduras, Paraguay, Uruguay and The Bahamas all posting record highs since the start of July.

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