Poll: 66% of Russians Have Heard of Cryptocurrency, But Don't Understand Its Essence

The poll showed that 16% of Russians have never heard of cryptocurrency

According to a survey by the financial marketplace "Sravni", 66% of Russians have heard of cryptocurrency, but do not understand its essence. At the same time, only 21% of respondents have experience with cryptocurrency.

Analysts conducted a study to find out how familiar Russians are with cryptocurrency and how actively they use it. It turned out that 16% of respondents had never heard of cryptocurrency, and 18% stated that they understood this tool in detail.

The majority of Russians (79%) have never used cryptocurrency, but 15% plan to try it in the future. Of those who have already tried cryptocurrency, 63% did so out of curiosity, 19% use it for investment or savings, and 6% used it for transfers.

Currently, 89% of respondents do not own cryptocurrency, and among those who use it, only 6% hold less than 10% of their savings in cryptocurrency.

Read more on the topic:

The Moscow Exchange does not plan to trade cryptocurrency

Stablecoins for the Yuan: Two Cryptocurrency Exchanges to be Launched in Russia to Support Foreign Economic Activity

An Increase in Cryptocurrency Activity Has Been Recorded Among Russians

Sources
ASN

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