Major Concerns of Crypto Investors Globally in Currently Available Exchanges

Major Concerns of Crypto Investors Globally in Currently Available Exchanges

Proof Point

Security named by cryptocurrency investors as top concern with crypto exchanges, according to Encrybit study

Major Concerns of Crypto Investors Globally in Currently Available Exchanges

April 2018 (percentage)

Note: Data from Encrybit’s online survey of 1,108 cryptocurrency traders and investors worldwide last April 2018

Proof Point Findings

  • Major Security Concern – 40% of participants in Encrybit survey named security as biggest concern in available cryptocurrency exchanges in 2018
  • Other Top Concerns – At least 30% of respondents also identified high trading fees, lack of liquidity and unethical response time from support team as major concerns in 2018
  • Unconcerned Investors – Nearly one in ten participants did not have any major issues with available cryptocurrency exchanges in 2018
  • Key Growth Drivers – Include proliferation of cryptocurrencies and crypto exchange platforms, rising number of active cryptocurrency traders, and increasing consumer and investor interest in traditional currency alternatives

Accelerator

Sector

Financial Services

Source

Date Last Updated

December 6, 2018

Leave a comment