KuCoin Report Reveals That US Investors Are Massively Adopting Cryptocurrencies

The Statistics From KuCoin’s Research Lab

Data from KuCoin research house showed  the numbers of U.S. citizens adopting Blockchain technology continues to grow rapidly. It also revealed that both the young and adult generations are actively growing their finances daily via the crypto industry.

The data also entails the statistics of users’ investment sentiment for the United States. According to it, about 5% (8 million) of adults have recently joined the crypto industry. There are about 27% of adults now in the industry. Consequently, this has increased the total number of crypto tech users in the whole of the U.S. to about 50 million. Analysis showed that such a huge number of investors had either completed a transaction or are planning to.

As revealed by the gathered data, women made up about 35% of the total investors in the Q1 of 2022. Recording a 5% growth over 4 months. At the same time, there are about 47%  of female respondents in the survey. The male respondents are about 17%  more than the females.

Furthermore, there has been a significant rise in the number of people that are interested in crypto all over the U.S. About 59% of the investors surveyed said they wish to add more crypto to their portfolios. 

Statistics showed that crypto users annually gain about $100,000, however, their annual yield has increased significantly by 7%. The increase in investors’ gains from crypto assets is a major reason why more people kept trooping in the space.  More so, the circulating crypto educational materials are on the rise, contributing massively to the knowledge and technical know-how of investors. About 71% of the survey respondents claimed that social media is their main source of  crypto information.

37% of respondents said that they are into cryptocurrency just to improve the quality of their lives and finances. This can be said to be the same for most investors in the United States. Millennials, Generations Z and X, also have the same thought about the survey. 

Additionally, about 47% of U.S. Investors see digital assets as the future of finance. This is the main reason why people of different age brackets plunge themselves into crypto technology.

Crypto Space Continues To Grow Rapidly

Many investors keep trooping into the Blockchain technology space. The major reasons are  the global reduction in incomes and continuous popularization of crypto assets. Many media houses are actively spreading news about crypto all over the world, making it reach a vast number of people.

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