Preferred Cryptocurrency Trading Channel by Crypto Investors

Preferred Cryptocurrency Trading Channel by Crypto Investors
Preferred Cryptocurrency Trading Channel by Crypto Investors

Proof Point

Crypto investors preferred websites as channel for crypto exchanges in 2018, according to Encrybit

Preferred Cryptocurrency Trading Channel by Crypto Investors

August 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

  • Website Preference – Nearly half of respondents in Encrybit survey preferred using website in trading cryptocurrency in 2018, mainly due to ease and availability of fully-functioning tools (e.g. charts, switching between sheets, and different pages)
  • Other Available Channels – 38% of participants preferred using mobile app for cryptocurrency transactions in 2018, while another 14% lean toward desktop applications
  • Key Growth Drivers – Include proliferation of cryptocurrencies and crypto exchanges across different channels, growing number of active traders, and increasing consumer and investor interest in traditional currency alternatives

Accelerator

Sector

Financial Services

Source

Date Last Updated

December 11, 2018

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