News
Public · Published
Bitcoin accounts for 42% of repeat crypto purchases, Paybis data reveals
Paybis data shows Bitcoin made up 42.21% of users' first transactions on the platform from August 2023 to August 2026. Returning buyers also chose Bitcoin for about 42% of repeat crypto purchases, surpassing Ethereum and stablecoins combined.
Published:
Updated:
What happened
Paybis data shows Bitcoin made up 42.21% of users' first transactions on the platform from August 2023 to August 2026. Returning buyers also chose Bitcoin for about 42% of repeat crypto purchases, surpassing Ethereum and stablecoins combined.
Confirmed
Global impact / market context
Strong repeat buying may signal lasting retail trust in Bitcoin as a store of value. If consistent, this could support Bitcoin's price and increase trading revenue for exchanges, while Ethereum and stablecoins may see less repeat demand.
Analyst inference
The data covers various market moods, suggesting Bitcoin's repeat-buyer share held steady even during uncertain periods. This may reassure investors that Bitcoin's appeal persists across changing conditions, potentially influencing portfolio choices and capital flows toward Bitcoin.
Analyst inference
What to watch
- Paybis data spans from August 2023 to August 2026, so watch for any updates to this dataset that might show changes in Bitcoin's repeat-purchase share over time. Confirmed
- Check whether Ethereum's repeat-purchase share remains below Bitcoin's. If Ethereum gains ground, it could signal shifting retail preferences and affect relative demand. Proposed
- Monitor Bitcoin's price and trading volumes on exchanges. Consistent repeat buying could support price stability, while a drop might reduce exchange revenue from transaction fees. Analyst inference
Affected assets
- ETH — Ethereum
- BTC — Bitcoin