U.S. Cryptocurrency Write For Us

U.S Cryptocurrency Write For Us

U.S Cryptocurrency Write For Us – American men are almost twice as likely to invest in cryptocurrencies, with 19% owning cryptocurrencies compared to just 10% of American women.

In 2018, a survey conducted by ING originated that 57% of Americans had heard of cryptocurrency. Compared to the 2019 IE CGC survey results, more Americans (nearly 70%) have heard of cryptocurrencies. It indicates a growing interest among Americans in buying cryptocurrencies since 2018, which varies significantly by age and income.

When breaking down cryptocurrency ownership by income, the level of ownership is significantly higher among the very rich. Of the owners surveyed, more than 70% have an annual income of more than $1 million and 33% between $500,000 and $999,999.

Most cryptocurrency owners in the U.S. are in the 18-44 age group (58%). However, 5% of them are 55 or older. Cryptocurrencies remain owned mainly by young, tech-savvy, and wealthy Americans.

Highly educated Americans are more likely to own cryptocurrencies, with 17% having a doctorate or equivalent, while 9% have a high school education. Additionally, a higher percentage of American men (16%) own cryptocurrencies than women (7%).

How significant is the potential for Crypto in the U.S.?

The U.S. has the highest distribution of traders on meaningful crypto exchange and wallet Coinbase (60%), while on Binance, Bittrex, and Poloniex, US traders make up a substantial 24%, 27%, and 28% of total crypto traders, respectively.

46% of U.S. cryptocurrency owners already use crypto for purchases, while the rest own crypto solely for investment purposes.

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