Bitcoin is by far the most traded cryptocurrency in Thailand, with a significant of respondents indicating they have traded or used Bitcoin. As the first and most widely recognized cryptocurrency globally, Bitcoin continues to dominate the market in Thailand, with users viewing it as a safe entry point into the world of digital assets. Its status as a store of value and a hedge against inflation likely contributes to its continued appeal in the country.
Following Bitcoin, Ethereum holds the second spot with of respondents trading or using it. Ethereum’s robust ecosystem, which supports smart contracts and decentralized applications (dApps), likely drives its popularity. As DeFi (decentralized finance) and NFTs (non-fungible tokens) grow in Thailand, Ethereum’s role in these sectors positions it as a key player in the local market.
For further insights, explore preferred cryptocurrency storage methods in Thailand, Top cryptocurrency exchanges in Thailand, cryptocurrency awareness in Thailand.
