If you want to buy cryptocurrencies, you can’t get past names like Binance, Coinbase or Kraken. The exchanges allow a relatively easy entry into the world of Bitcoin and Co. In this article you will find out which trading platform was most searched for by the Germans last month.
Before we get started, however, a little note on the methodology. The basis for our comparison are Google searches in Germany from the last 30 days. We filtered for the following crypto exchanges: Binance, Bitpanda, Coinbase, FTX and Kraken. The value “100″ stands for the highest popularity of the search term. With a value of “50″, the search interest was only half compared to the wedding. The value “0” means that there was not enough data for this term.
5th Place: FTX
Our ranking starts with the crypto platform FTX. The stock exchange of founder Sam Bankman-Fried is the last in the national comparison. In Bremen, FTX was the most frequently googled. Overall, 11 percent of all users in the federal state were looking for the trading venue, followed by Thuringia (9 percent) and Berlin (8 percent). On average, the search queries nationwide were at a value of 10.
You can read our experience report with FTX here.
4th Place: Bitpanda
The fourth place is taken by the neo broker Bitpanda. The crypto company from Vienna was mainly sought after by users from Mecklenburg-Western Pomerania. Here, the percentage was 29 percent, followed by Saarland (20 percent) and North Rhine-Westphalia (14 percent). In general, Bitpanda was searched for with an average value of 18 but only moderately.
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3rd Place: Kraken
The bronze medal in our ranking goes to Kraken. The crypto exchange from the USA achieved the highest percentage searches in three federal states. There was a peak value in Saxony-Anhalt with 36 percent, closely followed by Schleswig-Holstein with 33 percent. In Mecklenburg-Western Pomerania, Kraken ran a close head-to-head race with Bitpanda. In the end, however, he was able to prevail with just 30 percent. Meanwhile, the average search value in Germany was 32.
2nd Place: Coinbase
We continue with Coinbase. The US giant also seems to be a popular entry point into the crypto world in this country. For example, founder and CEO Brian Armstrong’s stock exchange received the highest search queries in our comparison in four federal states. In both Brandenburg and Saxony, users were the most likely to search for the US trading venue, with 38 percent each. Then followed Rhineland-Palatinate and Lower Saxony with 37 and 34 percent. In Hamburg and Berlin, the first place is shared with the next candidate (36 and 35 percent). In general, Coinbase has an average search value of 50.
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Place 1: Binance
The crypto crown is allowed to set itself up in our Binance ranking. A total of seven federal states will go to the crypto giant. The top value of 48 percent is in Hesse, where Binance is currently setting up a location for Germany. In addition, the trading center can also prevail in Saarland, Bremen, Bavaria, Baden-Württemberg and Thuringia in terms of search queries. In Hamburg and Berlin, the first place is shared with Coinbase. In the final ranking, Binance is thus in first place with an average search value of 55.
You can find a detailed experience report here.
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