A crypto survey of U.S. customers, commissioned by regulated crypto platform Bakkt, exhibits that just about half of all respondents stated they invested in cryptocurrencies in the course of the first half of the yr.
Practically Half of US Customers Invested in Crypto In the course of the Previous 6 Months, Research Reveals
A survey commissioned by regulated digital asset platform Bakkt exhibits that just about half of surveyed customers within the U.S. invested in cryptocurrencies up to now six months this yr. Bakkt was launched in 2018 by Intercontinental Change, which operates over a dozen of the world’s most outstanding exchanges together with the New York Inventory Change (NYSE).
“Commissioned by Bakkt and carried out over a web based survey device, we polled greater than 2,000 customers throughout the U.S. and was fielded in July 2021 … Knowledge have been weighted for age, race, intercourse, schooling, and geography utilizing the Census Bureau’s American Group Survey to replicate the demographic composition of the US,” the survey report explains. In response to the outcomes launched Wednesday:
Practically half (48%) of U.S. customers reported investing cash in cryptocurrency in the course of the first half of the yr.
“Of those that haven’t invested in cryptocurrency, 32% of respondents are all in favour of shopping for cryptocurrency within the subsequent six months,” the report notes.
The survey additionally discovered that amongst those that have already bought cryptocurrencies, “58% view it as a long-term funding, whereas 43% admit that they plan to promote after they could make a short-term revenue.” As well as, 24% revealed that they plan to make use of cryptocurrency for on-line purchases and 12% stated they plan to make use of it for in-person purchases.
Moreover, “Essentially the most interesting attribute of cryptocurrency for the total pattern is ‘long-term return on funding’ (28%), with all different attributes – lack of charges, ease of entry, FOMO, and lack of centralized management intently following.”
In the meantime, the research reveals that “Practically 40% of respondents didn’t notice that they might purchase a part of a cryptocurrency (i.e. not the entire worth of a coin).”
Noting that “Digital belongings are driving a brand new, more and more dynamic financial system,” Bakkt CEO Gavin Michael commented:
The outcomes of the survey exhibit that Gen Z and millennials are adopting crypto en masse and for various types of fee, however the largest roadblock standing of their means has been lack of information on get began and considerations with market volatility.
What do you concentrate on this U.S. shopper survey on cryptocurrency? Tell us within the feedback part under.
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