http://bitcoincharts.com/markets/
here you can see all currency
Topic: why is most trading in USD not EUR (Read 733 times)
Most of world trade is done in USD so it's just carried on into digital money.
Can't you deposit EU to bitstamp or btc-e?
The USD is the most used currency, however, it is inconvenient for individuals in the EU to obtain USD to trade with. They probably all deposit euros. However, the magnitude of trading in USD is so much greater that I have to conclude euro users must be converting to dollars and then trade on the exchange. This may even have pushed the exchange rate slightly down inside BTC-E compared to bank rates.
-The main 'original' (see MtGox) exchanges were American
MtGox is Japanese, isn't it?
You can only deposit and withdraw in USD
You can, but do not try it
Why pay premium for buying BTC on MtGox ?
-The main 'original' (see MtGox) exchanges were American
MtGox is Japanese, isn't it?
You can only deposit and withdraw in USD
Well maybe it is for now but at the rate CNY based trading is growing the chinese overlords with their renminbi could become the no 1.
-The main 'original' (see MtGox) exchanges were American
MtGox is Japanese, isn't it?
You can only deposit and withdraw in USD
-The main 'original' (see MtGox) exchanges were American
MtGox is Japanese, isn't it?
-The main 'original' (see MtGox) exchanges were American
MtGox is Japanese, isn't it?
As the person before me, the USD is pretty much the mostly used currency in the world.
-USD is no1 currency in the world. Everything is pegged against the dollar
-US has the largest 'rich' population in the world
-Chinese only recently overtook US with the largest exchange
-The main 'original' (see MtGox) exchanges were American
-Others but I'm tired
-US has the largest 'rich' population in the world
-Chinese only recently overtook US with the largest exchange
-The main 'original' (see MtGox) exchanges were American
-Others but I'm tired
The number of bitcoin users outside the US outnumber those inside by a wide margin and the big exchanges are all located outside the US. How come the volume of BTC trades in USD is so much greater than the trades in EUR? Do EU people convert to USD before margin trading on an exchange?
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