Most Important Factors for Crypto Investors in Choosing Exchange Platform

Most Important Factors for Crypto Investors in Choosing Exchange Platform
Most Important Factors for Crypto Investors in Choosing Exchange Platform

Proof Point

Nearly half of crypto investors in Encrybit survey look at multiple factors, such as security and liquidity, when choosing cryptocurrency exchange in 2018, compared to focusing on only one

Most Important Factors for Crypto Investors in Choosing Exchange Platform

2018 (percentage)

Note: Data from Encrybit’s online survey of 10,003 cryptocurrency traders and investors from 161 countries last August 2018

Proof Point Findings

  • Considering All Options – 47% of participants in Encrybit study look at different factors before choosing which cryptocurrency exchange to use for trading in 2018, such as security, liquidity, trading fees, customer support, coin pairs and ease of use
  • Important Solo Factors – Among investors who choose cryptocurrency exchange using only one factor, security (9%) and liquidity (7%) were identified as the most important in 2018
  • Key Growth Drivers – Include proliferation of cryptocurrencies and crypto exchanges, growing number of active traders, and increasing consumer and investor interest in traditional currency alternatives

Accelerator

Sector

Cross-sector

Source

Date Last Updated

December 24, 2018

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