Binance Square
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#Mexicans are interested in cryptocurrencies, but they are not exempt from obstacles. Although Mexicans are interested in crypto, the truth is that they still face several obstacles to enter the market. The volatility and risk associated with crypto (54%) are the main barriers, followed by the belief that there are many scams related to them (51%). In addition, 49% of respondents point to lack of knowledge about how and where to start investing in cryptocurrencies as a relevant obstacle. "Metaverse" is the most familiar term for the Mexican population. However, these three concepts remain unfamiliar to the majority of the Mexican population." In terms of regulation, 47% of respondents believe that #cryptocurrencies should be heavily regulated to ensure the stability of traditional #financial #markets and protect investors.

#Mexicans are interested in cryptocurrencies, but they are not exempt from obstacles.

Although Mexicans are interested in crypto, the truth is that they still face several obstacles to enter the market.

The volatility and risk associated with crypto (54%) are the main barriers, followed by the belief that there are many scams related to them (51%). In addition, 49% of respondents point to lack of knowledge about how and where to start investing in cryptocurrencies as a relevant obstacle.

"Metaverse" is the most familiar term for the Mexican population. However, these three concepts remain unfamiliar to the majority of the Mexican population."

In terms of regulation, 47% of respondents believe that #cryptocurrencies should be heavily regulated to ensure the stability of traditional #financial #markets and protect investors.

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