Australian financial company Finder conducted a research, according to which results the number of Americans, possessing cryptocurrencies, doubled in 2019 – investment platform got to know.
Within the research, 2 068 Americans were interviewed, and it turned to be that the amount of cryptocurrency owners increased to 14,4% in 2019, compared with the previous year, when it was 7,95%. Average volume of their cryptocurrency fund makes $5 447, but median one – just $360. This means that three quarters of Americans own cryptocurrency less than $360.
What is more, more than half of US citizens, who own cryptocurrencies, store not a single type, but several different variants of digital currencies. In addition, men much more often invest money in digital assets – 19% of interviewed men have said that they have invested in cryptocurrencies. Among women this indicator makes 10%.
More than half of asked people (61%) claimed that they purchased cryptocurrencies for investment purposes. About a third of respondents (29,3%) bought cryptocurrencies to use them for transactions and purchases, and 25,6% of Americans invested in virtual currencies with an aim to store their funds outside the traditional financial system.
Finder specialists have noted that most Americans are afraid of the complexity of buying cryptocurrency. 47,9% of interviewed believe that it is “too difficult” to deal with cryptocurrencies. Almost the same number of respondents (45%) just are not interested in digital currencies, and 23% of US citizens treat them being too risky for investment.