China cryptocurrency market is the largest amongst APAC countries. It has some of the big mining companies such as Bitman and Ebang Communication. Conditions such as good weather, low electricity cost and the influx of venture capital funding is making it favorable for the growth of cryptocurrency in China.
Cryptocurrency wallets have emerged using the blockchain technology to give birth to a platform to collect, pay and protect licensed digital collectibles. In Q1 2018, there were estimated 23.95 million cryptocurrency wallet users worldwide, increased by 86% compared to Q1 2017. The rise of cryptocurrency investments has pushed for the development of secure storage of cryptocurrencies. This report elaborates on the factors that consumers prefer to have in their cryptocurrency wallets.