Norwegian crypto investors traded crypto on record last week, where four Norwegian crypto exchanges, with Firi in the lead, traded for 885 MNOK. If you include off-exchange trading and on other crypto exchanges, the turnover has probably been well over billion.
While Bitcoin and other cryptocurrencies can be bought and sold 24/7 every day around the world, it's not as easy to get an overview of the overall market. The most concrete indication we have in terms of Norwegians' buying interest are the daily figures that Kryptopris posts on X/ Twitter, for Firi, NBX, Bare Bitcoin and Juju. Crypto price, by means of an API integration, has access to the numbers that occur on the public trading platforms.
Together, according to Kryptopris, the four crypto exchanges had a combined turnover last week of $885.2 million, divided by 795 on Firi, 61 on NBX, 24 on Bare Bitcoin and 5 on Juju. The new day record was set on Tuesday 12. November, when the total turnover was 220 MNOK, divided by 195 on Firi, 20 on NBX, 3 on Bare Bitcoin and 2 on Juju.
However, figures from one of the largest Norwegian exchanges, K33, are not included in Kryptopris' figures. K33 considers daily turnover figures to be business-critical information and prefers to publish turnover figures over time periods through its quarterly reports.
However, there are several reasons why the record figures from the four crypto exchanges are also underestimated. According to a survey by EY and K33 among Norwegian crypto investors published in April, two-thirds of Norwegian crypto investors also use international crypto exchanges such as Coinbase and Binance.
Here you can also see a recording from a live broadcast during Crypto Adoption Week, where the figures for both Norway and the Nordic countries are presented and discussed by a larger panel. The presentation and discussion is in English.
In addition, a large part of crypto turnover also takes place outside the public trading venues, via so-called OTC trading (OTC = Over The Counter). This implies that the trade takes place directly between the buyer and the seller, which can take place both via brokers or chat rooms. K33, for example, also defines itself as a broker, not as a crypto exchange.
Norwegian crypto investors traded crypto on record last week, where four Norwegian crypto exchanges, with Firi in the lead, traded for 885 MNOK. If you include off-exchange trading and on other crypto exchanges, the turnover has probably been well over billion.
While Bitcoin and other cryptocurrencies can be bought and sold 24/7 every day around the world, it's not as easy to get an overview of the overall market. The most concrete indication we have in terms of Norwegians' buying interest are the daily figures that Kryptopris posts on X/ Twitter, for Firi, NBX, Bare Bitcoin and Juju. Crypto price, by means of an API integration, has access to the numbers that occur on the public trading platforms.
Together, according to Kryptopris, the four crypto exchanges had a combined turnover last week of $885.2 million, divided by 795 on Firi, 61 on NBX, 24 on Bare Bitcoin and 5 on Juju. The new day record was set on Tuesday 12. November, when the total turnover was 220 MNOK, divided by 195 on Firi, 20 on NBX, 3 on Bare Bitcoin and 2 on Juju.
However, figures from one of the largest Norwegian exchanges, K33, are not included in Kryptopris' figures. K33 considers daily turnover figures to be business-critical information and prefers to publish turnover figures over time periods through its quarterly reports.
However, there are several reasons why the record figures from the four crypto exchanges are also underestimated. According to a survey by EY and K33 among Norwegian crypto investors published in April, two-thirds of Norwegian crypto investors also use international crypto exchanges such as Coinbase and Binance.
Here you can also see a recording from a live broadcast during Crypto Adoption Week, where the figures for both Norway and the Nordic countries are presented and discussed by a larger panel. The presentation and discussion is in English.
In addition, a large part of crypto turnover also takes place outside the public trading venues, via so-called OTC trading (OTC = Over The Counter). This implies that the trade takes place directly between the buyer and the seller, which can take place both via brokers or chat rooms. K33, for example, also defines itself as a broker, not as a crypto exchange.
