One in ten British adults owns digital assets, and 11% are considering purchasing cryptocurrencies over the next 12 months. This is reported by Peer2Peer Finance News, citing a Ziglu survey.
According to the results of the study by the operator of a cryptocurrency payment P2P app, only about 3% of respondents said they would definitely make their first purchase of digital assets. 8% rated their plans as “very likely”.
Twenty-nine percent of those willing to invest in cryptocurrencies explained it by a desire to test the market, spending a small amount. Twenty-seven percent cited the prospect of higher asset prices as the motive.
For 26% of potential investors, the drivers were the growing popularity of the cryptocurrency market, and 23% cited an improvement in its security.
Eight percent said that family and friends encouraged them to buy cryptocurrencies. Other reasons cited by willing investors included the emergence of platforms that make access to cryptocurrencies easier and cheaper, as well as improved regulation.
As reported in January 2021 by a Gemini study, over the previous eighteen months 13.5% of Britons invested in cryptocurrencies.
In June, the Financial Conduct Authority (FCA) counted 2.3 million investors in digital assets nationwide.
They are more popular among young people aged 18 to 29 — for 45% of them, digital assets were their first investment, according to a survey by the direct-investment platform Interactive Investor.
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