4% of Nocoiners Plan to Buy Cryptocurrencies – Survey

Disclosure: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. By using this website, you agree to our terms and conditions. We may utilise affiliate links within our content, and receive commission.

The crypto craze is not completely over yet, although the explosion in prices and the aftermath have settled: 75% of a survey respondents have now heard of cryptocurrencies, 50% of them know what cryptocurrencies are, and 4% of nocoiners plan to buy some in the next six months, claims Dalia, a Berlin-based survey startup.

Source: iStock/hocus-focus

In a rapid survey around 29,000 people connected to the internet participated, across 8 of the largest cryptocurrency markets: US, UK, Germany, Brazil, Japan, South Korea, China and India.

Almost three quarters of all respondents say they have at least heard of cryptocurrencies. South Korea, at 87%, and Japan at 83% are furthest ahead in cryptocurrency awareness, but even the lowest-ranking Brazil (60%) boasts wide-spread awareness. A total average of half of all respondents really know what cryptocurrencies are, and Japan and Korea are leading in this again.

However, cryptocurrencies are not so widely adopted: on average, 4% of responding nocoiners expressed their intention on buying crypto, with the positions now reversed: Japan and Korea are the lowest-ranking per interest in buying. It must be noted, however, that 7% of the participants already own cryptocurrency, and the highest number of those comes from Japan, which may indicate that most early adopters are already on board.

Cryptocurrency is a male-dominated field, and men rank higher across all categories; the highest gap was among knowledge, which was at 11% on average. However, the gender disparities are greater in the Western countries than in the east, as the percentage in Eastern countries is in the single digits.