Yasin Oral, CEO of Paribu, has reviewed the cryptocurrency ecosystem in his article on Fintechtime

Yasin Oral, CEO of Paribu, included his review for 2020 and anticipations for 2021 in the article he wrote for the January & February issue of Fintechtime magazine.

Mentioning that the interest in Bitcoin has increased in 2020 compared to 2019 and the number of Paribu users reached 1 million, Oral said that the trend of digitalization that gained strength all around the world, especially with the effect of the pandemic, enlivened the market. He shared the data of Paribu regarding this issue: “The global volumes increased by 70% between February and May, when the effects of the pandemic were felt on the markets, compared to the previous 4 months. This increase was reflected on the statistics of Paribu as well. An increase of 130% took place both in the number of our users and our trading volume compared to last year.”

He expressed that an increase was observed in the number of corporate investors as much as individual investors, that people trust cryptocurrencies more, and their perspective has changed. Additionally, he stated that cryptocurrencies have gained monetary value and the performance of Bitcoin, in particular, has been closely monitored by the whole world.

On his anticipations for 2021, Yasin Oral said:

“The interest in the cryptocurrencies will continue increasing thanks to many factors including the fact that the dynamics of the blockchain ecosystem is based on technology, Ethereum update, and the performance of Bitcoin. Not only due to the pandemic but also as the level of awareness and perception changes, the interest in cryptocurrency in our country and in the world will continuously increase. We, as Paribu, do our part in terms of recognition. We communicate information regarding cryptocurrency and the blockchain ecosystem by regularly sharing content via our official blog ParibuLog and our YouTube channel. The recognition increases owing to these efforts, and it will continue doing so.

You can read the full article here.

Bu içerik en son 25 April 2024 tarihinde güncellenmiştir.

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