19 Percent of World Population Bought Crypto Before 2019: Kaspersky Report

19 Percent of World Population Bought Crypto Before 2019: Kaspersky Report

Released at Fri, 21 Jun 2019 13:54:00 +0000 Kaspersky group noted that the adoption of crypto industry by international consumers are slowing down due to lack a proper comprehension of cryptocurrencies work, in a media release accompanying the report. Just 14% of people who have used cryptocurrencies would love to do later on, the report notes. The survey, titled"The Kaspersky Cryptocurrency Report 2019," was carried out in October and November 2018, using a total of 13,434 respondents in 22 nations. According to the report, 81 percent of international population have never bought cryptocurrencies, while just 10 percent of respondents said that they"fully know how cryptocurrencies get the job done " Among important explanations for why international crypto investors have stopped using cryptocurrencies, bulk of respondents cited its"too large" volatility, implying the need of equilibrium until they are prepared to use them. Reasons why people stopped using cryptos. A separate survey found that almost 12% of crypto crypto holders are investors Key findings of this Kaspersky Cryptocurrency Report 2019. That said, 22 percent of respondents asserted as they're not backed with assets they stopped using cryptos. Additionally, fraud vulnerabilities and hacks weren't the biggest reasons for crypto users getting disillusioned, with the respondents mentioning those variables accounted for just 19 percent and 15 percent, respectively.

A new survey by Moscow-based cybersecurity company Kaspersky Lab released June 17th revealed that 19 percent of people worldwide have bought cryptocurrency. While volatility variable accounted for 31 percent, other crucial reasons included loss of cash in the bear market, as well as a belief which crypto"is not rewarding," with the two variables both accounted for 23% among the respondents.