New research revealed today that participating digital currency exchanges in Australia traded more than $3.9 billion in cryptocurrencies last year, comprising more than 2.7 million individual transactions from more than 300,000 registered customers, the vast majority of whom were male and under the age of 40.
The research, from Accenture and ADCA (Australian Digital Commerce Association) found the most popular currency traded last year was bitcoin, accounting for $1.86bn in volume, followed by ethereum at $712m.
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