{"id":324843,"date":"2022-04-05T00:58:21","date_gmt":"2022-04-05T04:58:21","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=324843"},"modified":"2022-04-05T00:58:21","modified_gmt":"2022-04-05T04:58:21","slug":"this-survey-shows-that-50-of-crypto-holders-bought-their-first-token-last-year","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/this-survey-shows-that-50-of-crypto-holders-bought-their-first-token-last-year","title":{"rendered":"This Survey Shows That 50% Of Crypto Holders Bought Their First Token Last Year"},"content":{"rendered":"
A recent survey conducted by U.S. cryptocurrency exchange Gemini<\/a> stated noted that almost 50% of crypto holders in the United States, Asia Pacific, and Latin America bought their first toke only last year. The survey, conducted between November 2021 and December 2022, covered 30,000 people across 20 countries<\/p>\n Based on findings from the survey<\/a>, Indonesia and Brazil are the countries with the highest level of crypto adoption last year. 41% of the crypto holders surveyed in the two countries bought crypto for the first time last year. However, the adoption rates for Europe and the United States contrasted, with the initial crypto purchase occurring only in 18% and 20% of those surveyed, respectively.<\/p>\n Also, the survey showed that the major influencing factor for higher crypto adoption<\/a> in some of these countries is significant currency devaluation against the U.S. dollar. Also, many that are considering buying cryptocurrency want to do it as a hedge against inflation.<\/p>\nMany First Time Buyers Are Hedging Against Inflation<\/h2>\n