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Cryptocurrency is Exponentially Booming Beyond the Generations!
Posted: Mar 18, 2022
Cryptocurrency is booming in the current scenario, as more and more people are investing in digital assets. Cryptocurrency and blockchain-based products are exponentially entended with its growth and demand.
Commercial banks and financial organizations are indirectly supporting digital assets. In amidst Pandemic situations, people found crypto a comfortable method for financial transactions.
Cryptocurrency-associated bills and regulations are progressing in various countries according to their national laws. The huge users from Australia, Brazil, and even Russia are investing in cryptocurrency.
Digital currency can be easily acquired using a Cryptocurrency Exchange . There are multiple cryptocurrency exchanges are emerging on the markets.
The world's largest cryptocurrency exchange Binance is taking measurable steps to become a regulated exchange in various countries. Binance is taking measures for the regulations process to grasp the mass crypto users by legally forming an authorized exchange platform in the countries.
Wirex and the Stellar Development Foundation highlighted that age is "no hindrance to embracing blockchain technology."
Older generations have started realizing the prospect of cryptocurrencies and blockchain in global payment techniques, a new survey says.
On Jan. 21, digital payment platform Wirex released a piece of special news committed to the topic of cryptocurrency adoption in 2021.
Gathered in partnership with the Stellar Development Foundation, the report incorporates survey results from 3,834 people across 89 countries, seeking to comprehend the latest sensations in the global adoption of blockchain-powered digital payments.
The survey was performed over three weeks, with both Wirex and the SDF mailing for asking voluntary participation in a survey linked to the service of cross-border transactions.
Total answers included 81% European locals and 17% groups from the Asia Pacific region.
As a portion of the report, Wirex and SDF highlighted that age is "no barrier to adopting blockchain technology," uncovering that there is a sufficient desire for the benefits of blockchain across all age groups.
The person taking part in the survey were aged 45 and above 45 years old, they already tried out the blockchain-powered payments.
According to the survey results, more than 30% of respondents were between the ages of 45 and 54. The participants with the largest survey age group were using crypto. The study also uncovered that 26% of women aged from 55 to 64 funded in crypto, compared to 14% of men in the same age group.
Global users are more likely to think of digital assets as an alternative to traditional money. The survey found that 86% of respondents felt safe using cryptocurrency.
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