LocalBitcoins weekly Trading Volume hit ATH in Venezuela recorded from the coin.dance data on 2019-02-09.
After the regulation of cryptocurrency in Venezuela trading volume increased to achieve its all time high of 2485 BTC in volume on LocalBitcoins peer to peer trading exchange.
People of Venezuela bullish on Bitcoin due to national currency inflation and country suffering from economic problems.
Bitcoin value is increasing continuously in long term which makes it store of value, So people of Venezuela find Bitcoin a great alternative to store their funds in Bitcoin.
Also Bitcoin is developing continuously by its great non-profit developing team as Bitcoin is open source.
Bitcoin is most secure digital money which uses Blockchain Technology. Bitcoin adoption is increases continuously day to day.
Bitcoin becoming popular more and more as time passes due to its usability, scalability, security and gaining value due to high demand and limited supply.
Bitcoin is Store of Value
Bitcoinik Suggested Trading Platforms :
Binance - For Altcoins Trading ( Create New Account )
Bitmex - For Marginal Trading ( Create New Account )
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