(Cointelegraph) About 28.8% of Australians own or have owned cryptocurrencies in 2021, an increase from 18.4% last year.
The survey by the Independent Reserve’s Cryptocurrency Index survey, which involved 2,000 people, found that 89% have either broken-even or earned returns through crypto, an improvement from 78% last year.
28.6% of the survey respondents would consider crypto investment if there is added consumer protection. 26.6% would invest with more industry regulation.
IRCI survey identifies the 24-34-year-old as the most crypto enthusiasts, while the 65 and above age group are the majority of the doubters.
Bitcoin was found as the most popular crypto, with 21.1% owning it, followed by Ether’s 11% uptake.
Adrian Przelozny, CEO of Independent Reserve, says the survey findings are not surprising as cryptocurrencies have outperformed other assets in the last year. He says positive experiences by those owning crypto have encouraged others to join.
Przelozny expects growing crypto adoption by Australians to continue as the industry matures and volatility subsides. He predicts more crypto acceptance as it stays longer in the market.
BTCUSD is up +1.70%, ETHUSD is up +1.18%.
