Venezuela, Colombia and Russia make up 41% of global P2P BTC volume in Localbitcoins

Russia (17%), Venezuela (12%) and Colombia (11%) together make up for 41% of the total volume of exchanges on the LocalBitcoins platform. Venezuela and Colombia occupy the second and third place as the countries with the highest volume of Bitcoin transactions, accounting for more than 23% of the total operations. Venezuela has more than 13,000 active users who weekly trade between 4 to 5 million dollars in Bitcoin, while Colombia moves around 3 and 5 million dollars in Bitcoin in the same period. The main markets are Russia (17.4%), Venezuela (12.3%) and Colombia (11.3%), with 41% of the global volume among these three.

Source: Be in crypto