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The share of Australian residents who bought or continue to hold cryptocurrencies increased over the year from 18.4% to 28.8%. These results are contained in a study by PureProfile commissioned by the Australian stock exchange Independent Reserve.
The 2021 Independent Reserve Cryptocurrency Index (#IRCI) is here:
28.8% of Australians now own or have owned crypto 📊
Australian women who own crypto has doubled (10.1% > 20%) 📈#Bitcoin remains the most popular crypto 🤲
Download the full report:https://t.co/cSOkFgJ7Ga
— Independent Reserve (@indepreserve) December 8, 2021
More than 2,000 people took part in the survey. According to the firm, the sample reflected the gender, age and geographic distribution of the country.
89% of crypto investors made money from digital securities transactions in 2021. In 2020, 78% reported positive experiences.
89% of Australians have heard of Bitcoin. 36.7% of respondents gave the same answer about Ethereum (23.5% a year ago), about Ripple – 20.3% (13.5%).
BTC was in the portfolio of 21.1% of respondents, ETH – in 11%.
The share of crypto investors among women increased from 10.3% to 20% over the year.
Independent Reserve CEO Adrian Pshelozny in an interview with Cointelegraph predicted that the growth of cryptocurrency holders will continue as the industry matures and price volatility decreases.
Among the respondents who did not acquire cryptocurrencies, 28.6% expressed their readiness to close this gap after the emergence of better consumer protection, 26.6% – subject to improved industry regulation.
According to Psheloznyi, creating a regulatory framework like the one approved in Singapore would attract more conservative investors to the market. In particular, residents over 65 years old, he added.
Among Australians between the ages of 24 and 34, 27.6% of those surveyed explained their investment in cryptocurrencies as a desire to make money.
Recall, according to a report by Grayscale Investments, 26% of US investors have already invested in bitcoin, while more than half have become its owners over the past year.
According to a Pew Research Center survey, since 2015, the number of American adults familiar with the first cryptocurrency has increased from 48% to 86%.
#Australia #share #cryptoinvestors #increased