Study: BTC Is the Most Popular Crypto Asset, Crypto Exchanges Among the Least Trusted Service Providers

The information from the latest Coinover survey suggests that 17% of the participants ain cryptocurrency and 30% program to bash truthful successful the coming year. About 50% of those interviewed said they were affirmative astir their fiscal earnings, portion 20% expressed dissatisfaction with the returns.

More Than Half of the Respondents Are Crypto-Curious

According to a survey study conducted by the blockchain information steadfast Coinover, astir 17% of the much than 16,000 survey participants said they ain cryptocurrencies, portion astatine slightest 30% said they are apt to put successful cryptocurrencies successful the adjacent 12 months. The information besides suggest that the bulk of the respondents, 46%, spot bitcoin arsenic the astir fashionable crypto asset. Non-fungible tokens (NFTs) are ranked 2nd with 18%, portion ethereum is simply a distant 3rd with 17%.

When asked astir their cognition and curiosity towards cryptocurrencies, the survey information suggests that arsenic overmuch arsenic 55% of the respondents are crypto-curious. Only 11% said they are progressive successful the cryptocurrency market. Meanwhile, 50% of those interviewed said they were affirmative astir their fiscal net but 20% were dissatisfied with the returns.

Remarking connected the survey findings, David Janczewski, CEO and co-founder astatine Coincover, said:

“Crypto’s imaginable is huge, but our probe makes wide that the manufacture indispensable instrumentality steps to code user concerns. Many inactive comprehend cryptocurrency arsenic a mysterious exertion and the manufacture indispensable amusement that it is doing everything it tin to support investors, physique user confidence, and supply stronger foundations for the future.”

However, contempt portraying what would look to beryllium a affirmative disposition towards crypto among the respondents, the survey besides recovered that 19% of those interviewed are cynical astir crypto and different 25% “are closed to cryptocurrencies entirely.”

Turning to spot issues, the survey recovered that arsenic galore arsenic 30% of non-crypto users person zero spot successful centralized crypto exchanges. When asked astir their exertion concerns, 30% of the respondents said they were disquieted astir crypto. Concerning the respondents’ cognition of crypto, the survey study said that galore much spot crypto arsenic an enabler of fiscal fraud than a privateness tool.

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