Check Out eToro, Square Cash, Robinhood And Revolut’s Cryptocurrency User Growth Chart
Fintechs which adopted cryptocurrency in recent time have seen the number of their users doubled or tripled.
Within 9 months, platforms like Etoro, Square Cash, Robinhood and Revolut has seen a massive increase in user base after featuring cryptos on their platform.
Findings reveal that the surges are likely the result of many ‘pure’ crypto exchanges not being beginners friendly or as straightforward to use as these highly user optimized app.
Through this platform, users who have info about crypto begin to trade and those from the sideline joined due to the simplicity of this platforms. Etoro and Square Cash witnessed a massive user base increase after adopting crypto.
Etoro witnessed 200% user shoot up after launching . That of Etoro happened after enabling Bitcoin CFD as an investment instrument in 2014, and that of Square Cash happened after enabling Bitcoin on its cash app.
Revolut and Robinhood witnessed over 1 Million users increase after adding launching bitcoin and cryptocurrency trade.
Even though those platforms may have their flaws. That they added cryptos to their platforms heightened their growths massively.