PARKERSBURG, W.Va. (WTAP) – A brand new survey from the Nationwide Cryptocurrency Affiliation reveals that about 55 million Americans—roughly one in 5—at the moment are utilizing cryptocurrency of their each day lives.
The research of 10,000 crypto customers reveals a extra various consumer base than many may count on.
In response to the affiliation’s information, one-third of crypto holders are girls, and extra folks utilizing cryptocurrency are over 55 than beneath 25.
About 40% of customers maintain lower than $5,000 in cryptocurrency.
The survey discovered that cryptocurrency holders use digital property for numerous functions, together with powering companies, saving for the long run, and sending cash to relations.
“At its core crypto is actually easy,” mentioned NCA Spokesperson Ali Tager. It’s a digital asset that you would be able to personal, maintain, use, save and make investments identical to you’ll with many different property. The distinction is there’s no intermediary to regulate it.”
The affiliation notes that cryptocurrency transactions are powered by blockchain expertise, which features as a everlasting public ledger that can not be edited or erased.
Customers entry cryptocurrency by digital wallets that include each public keys for receiving funds and personal keys that have to be stored safe.
The affiliation emphasizes that as a result of there isn’t a third get together concerned in crypto transactions, customers should take additional precautions to guard their digital property.
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