Millennials At The Heart Of The Crypto Revolution: Here Are The Numbers

A recent survey highlights surprising trends among crypto investors. While the youth dominate this market, their profile and investment choices reveal a new dynamic for the future of cryptocurrency. The details in the following paragraphs!

https://twitter.com/cryptoquant_com/status/1879534972505301472

Young crypto investors: an increasingly prominent profile

Published on January 15, CryptoQuant’s survey shows that over 60% of crypto investors are between 25 and 44 years old. More explicitly, the majority (at 35%) falls within the 25-34 age range.

Another interesting data point: These young crypto investors are predominantly male (89%). They exhibit a high level of education. In fact, nearly 50% hold a bachelor’s degree and 28% have a higher degree.

This profile indicates that crypto-assets particularly attract young graduates. They are willing to invest in digital assets but remain cautious. The proof: they invest moderate amounts, generally less than $10,000.

Binance: the essential crypto platform for young investors

The survey also reveals that Binance is the most used cryptocurrency exchange platform. Indeed, 53% of users cite Binance as their primary choice. In terms of profitability, 51% of respondents made their largest gains through Binance. 48% of their assets, on the other hand, are concentrated on this platform.

This preference for Binance can be explained by its ease of use and competitive fees. These are crucial elements for young investors venturing into crypto trading.

The study also shows that exchanges like Coinbase or Kraken are favored by part-time traders, especially in North America.

Young investors thus today constitute a dominant force in the crypto market. These latest trends are shaping the future strategies of crypto investment, particularly with the rise of Bitcoin and Ethereum.