KuCoin Exchange Report Shows Growing Crypto Adoption In The US
26 Mayo 2022 - 11:38PM
NEWSBTC
The Into The Cryptoverse US Report by KuCoin — a global
cryptocurrency exchange — revealed striking statistics regarding
the positive dynamics of blockchain and digital currency adoption
in the United States. Findings show that adults and younger
generation users are leading the integration of cryptocurrencies
into daily financial operations, the report indicates. The survey
provides important data related to US user investment sentiment,
which has added up to 5% of new adults to the industry compared to
the fourth quarter of 2021. Over 8 million new users have entered
decentralized space, constituting a total of 50 million users
across the US, or as much as 27% of adults aged 18-60. The figures
indicate that such a number of users have traded cryptocurrencies
in the past six months or are intending to do so. Demographic
shifts have also been identified, as up to 35% of investors are
women as of the first quarter of 2022, a 5% increase over a
quarter. During the same period, as much as 47% of female investors
were surveyed, which is still 17% lower than male users. Overall
interest in cryptocurrencies is also on the rise in the United
States. A total of 59% of those surveyed stated that they are
willing to increase their investments, largely due to the narrowing
generation gap, which has seen a 7% increase in 42–50-year-old
users. The growing yields of digital currencies are largely at play
in such increases, as the share of users earning in excess of
$100,000 a year has grown by as much as 7%. The growing degree of
crypto education is a contributing factor, as evidenced by the
survey, which revealed that up to 58% of crypto investors were
familiar with digital assets by the first quarter of 2021, with up
to 71% of young users claiming to receive information from social
media. Investors in the United States are turning to digital
currencies as a means of improving their quality of life and
earning potential, as evidenced by 37% of respondents. Millennials,
Generations Z and X are among the leaders of such opinions. As many
as 48% of US crypto investors consider cryptocurrencies to be “the
future of finance,” which is the top reason to invest across all
age groups. The growing number of users entering decentralized
space is being determined by diminishing incomes and increased
popularization of digital currencies through social media and
online educational efforts. The KuCoin Into The Cryptoverse US
Report is an important source of statistical data on blockchain
penetration, which is in line with earlier releases related to
Germany, Africa and Brazil.
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