Cryptocurrency Q&A
How many Bitcoin wallets exist?
How many Bitcoin wallets exist?
Stefano
Sat Nov 30 2024
|
5 answers
649
I'm curious about the number of Bitcoin wallets that are currently in existence. I want to know how many people or entities have created and are potentially using these digital wallets for storing their Bitcoin.
5 answers
Martino
Mon Dec 02 2024
According to the study, over 460 million Bitcoin wallets have been created as of today. This figure highlights the immense popularity and growth of the cryptocurrency.
Was this helpful?
90
41
DigitalDynasty
Mon Dec 02 2024
A Chainalysis study has revealed some intriguing insights into the world of Bitcoin wallets.
Was this helpful?
73
98
noah_stokes_photographer
Sun Dec 01 2024
However, not all of these wallets are actively used for transactions. The study notes that only 37% of these wallets are considered "economically relevant."
Was this helpful?
325
87
Silvia
Sun Dec 01 2024
The reason behind this is that a significant portion of the wallets belong to named services, such as exchanges and other cryptocurrency platforms.
Was this helpful?
71
35
ShadowFox
Sun Dec 01 2024
BTCC, for instance, is a top cryptocurrency exchange that offers a range of services including spot, futures, and wallet options. Such services often create numerous wallets for operational purposes, contributing to the high number of wallets in existence.
Was this helpful?
90
32
