FSA: In Japan, there are about 3.5 million of the cryptocurrency traders

The financial services Agency (FSA) of Japan has published a statistical report on the internal trade of the cryptocurrency over the last financial year.

According to the results of data collected from 17 of cryptocurrency exchanges in Japan, there are about 3.5 million individuals trading in the cryptocurrency.

The main age range of cryptocurrency traders were distributed in the following ratio: younger than 20 years old – 0,5%, from 20 to 30 to 29%, from 30 to 40 to 34% from 40 to 50 – 22.5%, above 50 – 10%.

According to a report by FSA, 143 thousands of traders prefer trading on margin futures and cryptocurrency.

The total volume of actual trade bitcoin for 2017 fiscal year totaled $97 billion just three years ago, the total trading volume across the country was just $22 million At the same if you add up the amount of margin, credit trading and futures trading where bitcoin acted as underlying asset, the 2017 closed at $543 billion versus $2 million in 2014.

According to FSA, this study and the disclosure of statistical information of internal trade is the first step towards a comprehensive review of the institutional issues in the space of cryptocurrency trading in Japan.

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