Home / Cryptocurrency / 93% of Brits Have Heard of Bitcoin, but Only 4% Have Bought It, Survey Shows

93% of Brits Have Heard of Bitcoin, but Only 4% Have Bought It, Survey Shows

Nearly all of British folks – 93 p.c – have heard of Bitcoin (BTC), however simplest four p.c declare to have purchased it, in keeping with a up to date ballot by means of UK marketplace analysis corporate YouGov revealed Nov. 7.

In line with the survey, carried out this month, 9 out of ten Brits have heard of Bitcoin, alternatively, they file now not figuring out it. Best four p.c of the ones surveyed claimed they perceive Bitcoin “really well,” whilst 23 p.c state they understand it “reasonably smartly,” with males virtually 3 times as most probably as ladies to mention so (33 p.c towards 12 p.c). More youthful Brits be triumphant amongst those that claimed to know Bitcoin, the file states.

In the case of precise investments in Bitcoin, more youthful voters also are in first position. One in 11 (nine p.c) of British 18 to 24 12 months olds have bought Bitcoin, compared to one in 100 (1 p.c) for folks over 55. Alternatively, total, simplest four p.c of respondents have bought Bitcoin, with the gender smash down considerably extra male – 6 p.c of guys, in comparison to 1 p.c of ladies surveyed.

Moreover, a vital choice of younger folks, 36 p.c of the ones surveyed within the 18 to 24 12 months previous vary, declare they in my view know any person who has purchased Bitcoin earlier than.

Bitcoin buyers most likely to be 18 to 24 years old

Supply: yougov.com

The German Shopper Facilities of 2 federal states, Hesse and Saxony, have not too long ago carried out a equivalent survey. Out of one,000 Germans between the ages of 18 and 39 polled, 55 p.c claimed they’ve heard of cryptocurrencies earlier than. Additional, 28 p.c of respondents from 18 to 29 discovered buying cryptocurrencies to be “possible.”

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