In a recent development, Amsterdam-based fintech startup BUX Crypto has announced that it has seen explosive growth in the number of new user signups on its platform and also echoes the popularity of Bitcoin with a significant increase in the number of Bitcoins traded.
The crypto platform of neo broker BUX saw a 500 per cent increase in average daily trades in January 2021 compared to December 2020. In addition, a 50 per cent increase of new users since December 1, 2020, also shows that new crypto investors are finding their way to the platform.
BUX Crypto popular among long-term investors
Digital currencies seem to be becoming a permanent part of the diversified portfolio of the average investor. This is because an increasing number of users active on BUX Zero – BUX’s commission-free investment app – are showing interest in cryptocurrency.
Almost half of BUX Crypto’s users are also active on BUX Zero. This shows that a growing number of users who invest in stocks and ETFs no longer exclude investments in cryptocurrencies.