88% of the institutional users of the Binance cryptocurrency exchange surveyed are positive about the long-term prospects for digital assets. Such data is contained in research trading platform.
The survey, conducted from March 31 to May 15, was attended by 208 VIP clients around the world.
63.5% of respondents have a positive attitude towards cryptocurrencies in the next 12 months. According to the respondents, real cases for their use (26.9%) and clarity of regulation (25.3%) will primarily stimulate the widespread introduction of digital assets. Only 3.4% agree that this will be affected by the growth of quotations.
Despite the instability of the crypto market over the past year, 47.1% of investors continued to hod their existing coins, and 35.6% increased investments. Only 17.3% reduced the amount of the deposit.
50% of respondents plan to increase and 45.7% plan to maintain their investment over the next 12 months. Only 4.3% of respondents thought about withdrawing part of the funds.
47.3% of VIP clients are more positive about bitcoin. 33.2% prefer altcoins.
For 53.9% of investors, infrastructure is the most important sector for them or their fund. This is followed by Layer 1 and Layer 2 technologies – 48.1% and 43.8%, respectively. 51% indicated the importance of wallet innovation (e.g. self-service payments, improvements UX/UI).
The most convincing argument in favor of crypto-investments, 42.8% consider the possibility of obtaining large incomes. Another 37.5% are interested in long-term access to new technologies.
Centralized exchanges remain the most preferred for institutional trading (90.5%) and depository activities (58.2%). Liquidity (28%), safety (26%) and reputation (22.5%) are the top three criteria when choosing a trading platform.
“Institutions entering a new market tend to be long-term oriented. Our research shows that the same is true for crypto assets, given the positive outlook of respondents and how they believe in their use cases as adoption drivers rather than prices,” commented Katherine Chen, Head of Binance VIP & Institutional.
Recall that in a survey dedicated to Valentine’s Day, 83% of Binance customers said that interest in cryptocurrencies can be an advantage in a romantic relationship.
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Cryplogger Newsletters: Keep your finger on the pulse of the bitcoin industry!
88% of the institutional users of the Binance cryptocurrency exchange surveyed are positive about the long-term prospects for digital assets. Such data is contained in research trading platform.
The survey, conducted from March 31 to May 15, was attended by 208 VIP clients around the world.
63.5% of respondents have a positive attitude towards cryptocurrencies in the next 12 months. According to the respondents, real cases for their use (26.9%) and clarity of regulation (25.3%) will primarily stimulate the widespread introduction of digital assets. Only 3.4% agree that this will be affected by the growth of quotations.
Despite the instability of the crypto market over the past year, 47.1% of investors continued to hod their existing coins, and 35.6% increased investments. Only 17.3% reduced the amount of the deposit.
50% of respondents plan to increase and 45.7% plan to maintain their investment over the next 12 months. Only 4.3% of respondents thought about withdrawing part of the funds.
47.3% of VIP clients are more positive about bitcoin. 33.2% prefer altcoins.
For 53.9% of investors, infrastructure is the most important sector for them or their fund. This is followed by Layer 1 and Layer 2 technologies – 48.1% and 43.8%, respectively. 51% indicated the importance of wallet innovation (e.g. self-service payments, improvements UX/UI).
The most convincing argument in favor of crypto-investments, 42.8% consider the possibility of obtaining large incomes. Another 37.5% are interested in long-term access to new technologies.
Centralized exchanges remain the most preferred for institutional trading (90.5%) and depository activities (58.2%). Liquidity (28%), safety (26%) and reputation (22.5%) are the top three criteria when choosing a trading platform.
“Institutions entering a new market tend to be long-term oriented. Our research shows that the same is true for crypto assets, given the positive outlook of respondents and how they believe in their use cases as adoption drivers rather than prices,” commented Katherine Chen, Head of Binance VIP & Institutional.
Recall that in a survey dedicated to Valentine’s Day, 83% of Binance customers said that interest in cryptocurrencies can be an advantage in a romantic relationship.
Found a mistake in the text? Select it and press CTRL+ENTER
Cryplogger Newsletters: Keep your finger on the pulse of the bitcoin industry!