Proof Point

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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: Blockchain
Source: 

Date Last Updated: December 6, 2018

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