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ING Survey says Interest in Crypto will Increase two-folds in future

Ipsos, a popular research company recently conducted a survey on behalf of ING Bank to know how Cryptocurrencies will be perceived across United States, Europe, and Australia in the near future. The survey revealed that interest in crypto technology is expected to double in future.

In the survey 9 % of respondents said that they own cryptocurrency, 25% said they will own crypto in future. Turkey has reported the highest percent of crypto ownership that is 18% while lowest ownership was in Luxembourg which is 4%. The survey was conducted several times in a year and takes gender, age, and the population of each country into account.

The most recent study was conducted between March 26th and April 6th, 2018 in 15 countries. In this survey, 1,000 respondents participated in each country. According to the survey, 66% of Europeans have heard about cryptocurrency. The people who know about crypto 55% were women and 77% were men. 35% respondent agreed that crypto is the future of online spending. 35% respondents also said that the value of crypto will increase in next one year.

The awareness about cryptocurrency is equal to or greater than 50% in every surveyed country.  Highest awareness rate was in Austria 79% and Poland 77% while in the United States it was 57%.

The survey has revealed that a little fewer than one in ten in Europe, United States, and Australia owned cryptocurrency. In Europe, mobile bankers are more likely to have cryptocurrency (12%) than those who are not mobile bankers (4%). According to the survey, most of the respondents consider crypto as a riskier investment than securities, stocks, bonds, cash or real estate. According to the survey in 11 of 15 countries choose specialist websites to gain more information on Bitcoin investments. Respondents from France, Spain, and Luxembourg prefer to rely on a bank or financial advisors while Italians prefer both professional advisors and specialist websites.

Capgemini the consulting firm has revealed in its World Wealth Report 2018 that interest in cryptocurrencies has grown notably among high net worth individuals. According to the Capgemini report around one-third of the surveyed individuals expressed high interest in crypto. Younger people are more interested in crypto. 70% of respondents under 40 want to know more about crypto while only 13% of respondents over 60 have shown their interest in crypto.