KuCoin: 44% of Germans plan to buy cryptocurrency
16% of Germans already own digital assets
24.03.2022 - 09:30
243
1 min
0
What’s new? The adoption of cryptocurrencies in Germany is at a high level, with up to 44% of the population planning to invest in digital assets. This is reported by Beincrypto, citing a KuCoin exchange report titled “Into The Cryptoverse 2022, Germany edition.”
News on the Beincrypto website
What other data is contained in the report? As of March 2022, 16% of Germans own cryptocurrencies, of which 41% intend to increase their share of investments in the next few months.
44% of Germans want to enter the cryptocurrency industry soon to become part of “the future of finance.” 35% of respondents will do this for the opportunity of passive income, while 30% believe that cryptocurrencies will be the best means of value storage.
The most popular product among German investors is staking, with an average of 24% of trading volumes allocated to it. The second most popular product is crypto loans. Up to 13% of investors’ trading volumes are allocated to this type of product.
What had happened before? In September 2021, crypto platform BlockFi conducted a survey among American women “Real Talk: Women & Crypto.” The results showed that one in three women in the United States plans to buy cryptocurrency in 2022.
Useful material?
Market
Tether Finance division will be responsible for the issuance and redemption of USDT stablecoins
Apr 18, 2024
Trends
The first project introduced on the platform will be BounceBit (BB)
Apr 18, 2024
Business
The rate exchange of the native ACH token reacted with a 10% increase
Apr 18, 2024
Market
Miners are hunting for the first block after halving as the value of the first satoshi could exceed $1 million
Apr 18, 2024
Market
The platform will be non-custodial and accessible to everyone
Apr 15, 2024
Market
China Asset Management, Harvest Global Investments, and Bosera Asset Management have received permits
Apr 15, 2024