Istanbul, Turkey, November 1, 2024, Chainwire
Paribu's Cryptocurrency Consciousness and Notion Survey 2024, carried out in partnership with FutureBright Group, reveals fascinating insights into the cryptocurrency and blockchain business.
The goal of the survey, which maintains the standing of probably the most complete research within the discipline, is to replicate developments within the cryptocurrency ecosystem in Türkiye, share invaluable information with the general public and stakeholders, determine expectations, motivations and obstacles associated to cryptocurrencies, and eventually create a exact plan for future actions based mostly on the findings.
The survey was carried out utilizing computer-assisted private interviews (CAPI) between July 12 and September 2 in 12 cities representing Türkiye.
The outcomes are divided into 4 classes: consciousness, expertise, expertise and demographics.
Cryptocurrency consciousness holds regular at 99%
“Cryptocurrency recognition in Türkiye noticed a dramatic enhance, leaping from 16 p.c in 2020 to an nearly common 99 p.c in 2023 and 2024. In the meantime, the share of cryptocurrency merchants elevated from 25.1 p.c to 27 p.c in comparison with a 12 months earlier. .
However, regardless of the rise in enterprise exercise, transaction preferences remained the identical as in earlier years. dominates retailers' preferences with 70 p.c and secures a 29 p.c market share. In a survey of cryptocurrency utilization, 75 p.c of people accustomed to and actively buying and selling cryptocurrencies mentioned they primarily have interaction in short-term buying and selling actions. The survey outcomes present that 75 p.c of respondents cite quick transactions and ease of storage and switch as the principle benefits of cryptocurrencies. When requested about their first affiliation with cryptocurrency, one-third of contributors talked about digital cash, whereas 20 p.c instantly considered Bitcoin.
Half of Merchants Flip to Crypto Platforms for Market Intel (NASDAQ:)
A key second on this 12 months's survey is an perception into merchants' most popular sources of cryptocurrency info and market analysis. Social media platforms dominate as the first supply of data for 63 p.c of cryptocurrency merchants. Fifty p.c of contributors select cryptocurrency buying and selling platforms as their most popular supply of data.
Cryptocurrency funding traits reveal a shifting paradigm
Funding preferences have modified considerably since final 12 months's survey. In 2024, gold reigns supreme as probably the most trusted funding with a 90 p.c desire, whereas cryptocurrencies secured third place amongst most popular funding devices with 29 p.c.
Many individuals are nonetheless not accustomed to Blockchain expertise
Regardless of a 3 proportion level enhance in consciousness over final 12 months, blockchain stays largely unknown to the overwhelming majority. Of those that are conscious of cryptocurrency, 72 p.c mentioned they have been fully unfamiliar with blockchain expertise. Blockchain consciousness stays low, with solely 28 p.c of respondents accustomed to the expertise. Cryptocurrency wallets emerged as probably the most acknowledged blockchain-related idea amongst survey respondents. Amongst cryptocurrency merchants, 52 p.c are accustomed to the idea, whereas 43 p.c of those that find out about cryptocurrencies are accustomed to it. Respondents' least acknowledged blockchain ideas embrace the phrases staking, burning and seed.
Male cryptocurrency buying and selling exercise on the rise
Demographic evaluation highlights a key pattern: newly crypto-savvy males present considerably increased enterprise pursuits. Amongst crypto-savvy people, 31 p.c of males have interaction in buying and selling in comparison with 21 p.c of girls. The 25-44 age group exhibits the best exercise in cryptocurrency buying and selling. As well as, cryptocurrency buying and selling amongst school graduates elevated from 30 p.c in 2023 to 39 p.c this 12 months. The everyday cryptocurrency dealer is 34.7 years outdated.
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ContactEray Dengizeray.dengiz@paribu.com
This text was initially printed on Chainwire
