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Survey: One quarter of South Korea's population holds cryptocurrency
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4 hours ago 5,832
According to a Hashed Open Research survey, 25% of South Koreans currently hold cryptocurrencies. The survey subjects were 2,000 Korean residents aged 20-69, of which the participation rate of the 30-39-year-olds was the highest, reaching 54%. Data shows that 3.6% of respondents hold crypto assets worth more than 100 million won (about 68,900 US dollars), and 25% of respondents hold between 689-3,443 US dollars. 57% of cryptocurrency investors say they use wages to invest, and more than half say they choose cryptocurrencies because they “can get higher returns in the short term than other assets.” It is worth noting that about a quarter of cryptocurrency holders use overseas exchanges or decentralized exchanges (DEXs), with more than half of them storing more than 20% of their assets on these platforms. The survey also showed that 11% of respondents who had never invested in cryptocurrencies said they were interested in investing in the future.
Keywords: Bitcoin
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