Ethereum gains popularity in Asia as traders are growing fond of the digital asset, converting their bitcoins to purchase ether (ETH). According to Aurélien Menant, co-founder and CEO of Gatecoin, Asia could well become a key market for ETH trading.
Interest in Ethereum is growing strong in Asia. Gatecoin, a Hong Kong-incorporated trading platform for cryptocurrencies and digital assets, has been experiencing a surge in signups in the region, most particularly from users located in Japan and China.
“We’ve seen growing interest among traders in China and Japan especially, with 225% of new users to our platform coming from these markets and a significant share of users based in Asia converting their [bitcoins] into [ether],” Menant told CoinJournal.
“As interest in projects built on the Ethereum ecosystem maintains momentum, and investors see the long term potential of such projects, we believe Asia will be a key…