Investor
globally moves to cryptocurrencies to prioritize enhancing their living
standards and overall quality of life, the recent Bitget’s report unveiled. For
instance, 46% of South Korean investors aim to improve their living conditions,
while 36% of investors in Malaysia and Taiwan focus on boosting family income.
Bitget, a popular
crypto derivative and copy trading exchange , has released a new study that
delves into crypto enthusiasts’ financial goals and investment behaviors
worldwide. Conducted between May and August 2023, the study surveyed over 1,500
participants from 20 countries, offering a comprehensive look at how geography
and gender shape investment strategies in the crypto space.
The study
showed that global crypto investors’ primary financial objectives are to
improve their living conditions and overall well-being.
Source: Bitget
To break it
down further, individuals from South Korea, Canada, and Turkey were most keen
on elevating their personal living standards, accounting for 46%, 44%, and 41%
of responses in these countries, respectively. On the other hand, investors in
Malaysia and Taiwan see crypto investments as a crucial tool for improving
their family’s financial standing, with 36% of responses from these regions
focusing on this goal.
Source: Bitget
However, the issue of trust remains. According to a separate study, one-third of cryptocurrency users currently do not trust…
