June 14, 2021

Newspay

Bitcoin & Ethereum Blockchain News

Survey: 77% of Onecoinex users believe that cryptocurrencies are necessary for the development of the economy

onixorbit

onixorbit

Cryptocurrency exchange Onecoinex.com presented ForkLog the results of a survey of users from the United States. The majority (83%) of respondents believe that digital assets will take a strong place in the global financial system in the next 10 years.

More than half (61%) of respondents believe that the coronavirus pandemic has affected the growth in the popularity of cryptocurrencies. One in four respondents first learned about digital assets in 2020.

More than a third (38%) of the survey participants adhere to the HODL strategy (“buy and hold”) and almost the same number (37%) prefer trading.

In 2020, 38% of respondents bought cryptocurrency due to the growth in the value of digital assets. 25% of respondents — because of distrust of the traditional financial system, 18% – because of unfavorable conditions of bank deposits.

More than half (61%) of respondents noted the profitability of the cryptocurrency portfolio in 2020. 59.3% of the survey participants bought digital assets for a salary, 27.4% used savings, and 2.9% took out a bank loan.

More than a third (37.7%) of respondents do not own bitcoin and almost two-thirds (62%) do not hold DeFi tokens.

For 71.5% of respondents, it is important to be able to pay for goods and services with cryptocurrency. At the same time, 72.7% do not have such experience.

The survey was conducted in April 2021 among 23,113 respondents from the United States . The main audience is men (92.8%) aged from 26 to 35 years (37.9%).

The majority of respondents have higher education (58.2%) and are employees (57.2%). Half of the respondents rated their income level as average, and another 29.6% of the survey participants-as low.