USD

AED

AFN

ALL

AMD

ANG

AOA

ARS

AUD

AWG

AZN

BAM

BBD

BDT

BGN

BHD

BIF

BMD

BND

BOB

BRL

BTN

BWP

BYN

BZD

CAD

CDF

CHF

CLF

CLP

CNH

CNY

COP

CRC

CUC

CUP

CVE

CZK

DJF

DKK

DOP

DZD

EGP

ERN

ETB

EUR

FJD

FKP

GBP

GEL

GHS

GIP

GMD

GNF

GTQ

GYD

HKD

HNL

HRK

HTG

HUF

IDR

ILS

IMP

INR

ISK

JMD

JOD

JPY

KES

KGS

KHR

KMF

KPW

KRW

KWD

KYD

KZT

LAK

LBP

LKR

LRD

LSL

LYD

MAD

MDL

MGA

MKD

MMK

MNT

MOP

MRO

MRU

MUR

MVR

MWK

MXN

MYR

MZN

NAD

NGN

NIO

NOK

NPR

NZD

OMR

PAB

PEN

PGK

PHP

PKR

PLN

PYG

QAR

RON

RSD

RUB

RWF

SAR

SBD

SCR

SDG

SEK

SGD

SHP

SLL

SRD

SSP

STD

STN

SVC

SYP

SZL

THB

TJS

TMT

TND

TOP

TRY

TTD

TWD

TZS

UAH

UGX

UYU

UZS

VES

VND

VUV

WST

ZAR

ZMW

ZWL

newsbtc 2022-05-27 04:38:08

KuCoin Exchange Report Shows Growing Crypto Adoption In The US

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.

Related News

Fartcoin and HYPE Lead Altcoin Gains Amid Market R...
08 Apr 2025
Pi Network News: BANXA Buys 30.5M Pi Coins, Signal...
08 Apr 2025
Dogecoin (DOGE) Price Analysis for Today Suggests...
08 Apr 2025
Fartcoin Price News: Solana Meme Coin Surges 25%,...
08 Apr 2025
DOJ Shuts Down Crypto Unit Following Trump’s Direc...
08 Apr 2025
Dogecoin Price Prediction 2025, 2026 – 2030: Will...
08 Apr 2025

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.

KuCoin Exchange Report Shows Growing Crypto Adoption In The US

Most Read News

Related News