Survey: 50% of individuals retailer cryptocurrencies in CEX as an alternative of wallets

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Greater than 65% of respondents in Canada, the UK and the US stated holding cryptocurrencies is a long-term funding, in accordance with a survey launched by fintech agency Broadridge.

In line with the buy-and-hold strategy taken by many conventional fairness traders, respondents had been extra involved with “finance, danger and safety, and administration groups than native crypto metrics comparable to token economics and community exercise.” centered on info.

Cryptocurrency challenge white papers had been the least-visited supply of data amongst members, with a share of simply over 20%. For practically 40% of individuals, cryptocurrency web sites are their most well-liked supply of details about cryptocurrency tasks, and social media (i.e. crypto Twitter) is extra common (round 26%).

The necessity for decentralization is a significant matter on crypto Twitter, however analysis exhibits that simply over 50 p.c of individuals maintain cryptocurrencies in CEX reasonably than in user-managed wallets.

Disclaimer: The knowledge supplied by WebsCrypto doesn’t characterize any funding proposal. Articles posted on this website characterize private opinions and are by no means related to the official place of WebsCrypto.

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