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[hibi3454]

Hello everyone,

I would like to inform that, despite the horrors of the Coronavirus outbreak and the fears about lockdowns and increasing unemployment, it appears that an increasing number of people worldwide are transitioning to cryptocurrency, especially in Russia.
In the wake of the current COVID-19 epidemic, the Russian population has become rapidly involved with cryptoexchange platforms, as per the reports from cybersecurity company Qrator Labs.
Traffic on cryptocurrency exchange services in Russia has increased by 5.56 percent.

What do you guys think has caused this rapid increase?
Thanks for Reading!

 

[KarthikP]

Yeah people nowadays are free and interested to try out the new things , may it be cryptocurrencies. It's lockdown in most of the countries , so people start Investing in cryptocurrency.

 

[Brain]

I think it just people trying out different ways of surviving financially even during this era of Corona virus. People are interested in other means of investment than what they had previously.

 

[JcDragon]

not much to do cause of corona virus outbreak. now internet getting pumped up by too much people and having so much time people are trying to utilize it the best way they can

 

[onlyprofits]

Although it is hard for us to believe, the Covid pandemic changed the world. Now many people are looking for new options to generate money and the internet and its infinite alternatives is the most viable option.

 

[Kaycee vevah]

Online business seems to be the only thing that's generating soft income...

 

[sagefave]

it appears that an increasing number of people worldwide are transitioning to cryptocurrency, especially in Russia.

Everyday more people globally are getting to know the profit potential of investing in cryptocurrency, so I am not surprised that in Russia it has been reported about the increase in users of cryptocurrency and exchanges despite the covid-19 pandemic.

 

[BullyMaguire]

I mean this past year since the pandemic started more and more people are being aware of Cryptocurrency because maybe most people are looking for a way to earn on their homes. So this is not surprising at all

 

[Wisdom01]

Yeah this is true because many users who were affected by covid19 were now focused more on earning from bitcoin , so this alone influenced the rate of users in the exchange platform

 

[Kunkun]

I know the pandemic has been bad and came suddenly but it has it's perks too because it contributed to number of users that trade with it as the pandemic prevented most jobs

 

[Wisdom01]

I know the pandemic has been bad and came suddenly but it has it's perks too because it contributed to number of users that trade with it as the pandemic prevented most jobs

Yeah this is true the pandemic affected a lot of jobs and most people have no option than to start doing the job that is not affected by the pandemic

 

[a_jerobon]

Many people finally saw the importance of online work and ventures during the Covid19 lockdown. Many started investing in crypto currencies and I guess that led to increase in the use of crypto exchanges.

 

[achawaskey]

The answer is simple, because a lot of people has lot there jobs owning to the pandemic and that has made a lot people to start looking for jobs they do from home.

 

[Kunkun]

Yeah this is true the pandemic affected a lot of jobs and most people have no option than to start doing the job that is not affected by the pandemic

Yeah, people had to survive during such a time and crypto trading served such purpose and did it well that now some people will keep investing in it even after the pandemic

Yeah this is true the pandemic affected a lot of jobs and most people have no option than to start doing the job that is not affected by the pandemic

 

[Wisdom01]

Yeah, people had to survive during such a time and crypto trading served such purpose and did it well that now some people will keep investing in it even after the pandemic

Up till now a lot of people are still involving themselves in crypto trading i think , because the pandemic have not gone yet I think

 

[Niftyicon]

Yeah! More than ever before, the pandemic pushed a lot of people into trying out things online they wouldn't have tried before, so, in a way, it was a blessing.

 

[Wisdom01]

Yeah! More than ever before, the pandemic pushed a lot of people into trying out things online they wouldn't have tried before, so, in a way, it was a blessing.

Actually to some people it was a blessing while those illiterate ones with small business had to suffer it , because they dont know to trade and others

 

[Kunkun]

Yeah! More than ever before, the pandemic pushed a lot of people into trying out things online they wouldn't have tried before, so, in a way, it was a blessing.

Yeah I agree, at least crypto came as a silver lining for so many people amidst this pandemic, all that remains now is for the pandemic to end

 

[Josemendez]

I believe the first way that cryptocurrency got into the heart of people was the covid-19 lockdown where people were idle at home .thus they have no choice than to earn from cryptocurrency

 

[Wisdom01]

Yeah I agree, at least crypto came as a silver lining for so many people amidst this pandemic, all that remains now is for the pandemic to end

I also hope the pandemic ends fast because it helped the price of bitcoin to some certain point i think , so if it ends fast it would help a lot