A third of Brits have bought crypto – Coinbase report
More and more Brits are buying cryptocurrency, according to a Coinbase research piece carried out by Qualtrics, Cointelegraph reports. The key takeaways indicate that 33% of British people own crypto, up from 29% in October 2021. Plus, over half, or 61%, of those surveyed intend to increase their holdings over the next 12 months and 23% will diversify into new currencies, as awareness and ownership become par for the course.
For Danny Scott, CEO of the United Kingdom’s leading Bitcoin exchange, CoinCorner, the statistics „seem incredibly high.” Scott suggested that „we’re seeing a quiet period from the retail market right now,” adding that „when the price settles, so does the interest from newbies.”
„Without knowing the source for this, I’d hazard a guess the survey size was small and fell luckily in the direction of more adoption than the reality.„
Consumer cryptocurrency ownership levels in the UK are second only to the Netherlands (47%) in Europe; ahead of Spain (26%), Italy (25%), Germany (24%) and France (17%).
Bitcoin (BTC) and Ethereum (ETH) remain the most owned cryptocurrencies at 75% and 52%, respectively, followed by DOGE (34%) and Binance Coin (33%).
Statistics from Statista suggest that crypto ownership in the United Kingdom is much lower—around the 7% mark, whereas previous Cointelegraph reporting suggested that U.K. crypto ownership was under 10%.
Anders Olofsson – former Head of Payments Finastra
Banking 4.0 – „how was the experience for you”
„So many people are coming here to Bucharest, people that I see and interact on linkedin and now I get the change to meet them in person. It was like being to the Football World Cup but this was the World Cup on linkedin in payments and open banking.”
Many more interesting quotes in the video below:
