Cryptocurrency awareness in Türkiye is high, with growing trading activity and interest in short-term trading.

From Investing.com

November 01, 2024 12:00:43 PM:

Paribu and FutureBright Group conducted a survey to explore insights into Türkiye’s cryptocurrency and blockchain industries. The survey, conducted through personal interviews in 12 cities, focused on awareness, experience, technology, and demographics.

Cryptocurrency awareness in Türkiye is at 99%, with a significant increase in traders. Transaction preferences remain consistent, with 70% favoring one cryptocurrency and 29% another. Short-term trading is popular, with 75% citing rapid transactions and easy storage as key benefits.

Traders rely on social media and cryptocurrency platforms for market intel. Gold remains the most trusted investment, while cryptocurrencies are the third most preferred investment at 29%.

Blockchain awareness remains low, with only 28% familiar with the technology. Cryptocurrency wallets are the most recognized blockchain concept, while staking, burning, and seed phrases are least recognized.

Male cryptocurrency trading activity is on the rise, with 31% of men engaging in trading compared to 21% of women. The 25-44 age group shows the highest trading activity, with university graduates also increasingly participating.

The full survey report can be accessed for more detailed insights. Contact Eray Dengiz at [email protected] for further information.

Read more at Investing.com: Paribu Unveils Insights from the 2024 Cryptocurrency Awareness and Perception Survey By Chainwire