📊 Binance Research: Latin American Users Plan to Increase Their Crypto Investments 🚀
A recent Binance survey revealed that 95% of cryptocurrency users in Latin America plan to increase their investments in the next 12 months.
This data reflects the growing interest in the region, where the adoption of digital assets continues to boom 📈.
Of those surveyed, 42% plan to acquire cryptocurrencies in the next 3 months, 17% in 6 months, and 35% in 12 months.
The study, which aimed to understand perceptions about cryptocurrencies and the Web3 ecosystem in Latin America, also revealed that more than 54% of participants buy cryptocurrencies at least once a month.
This shows a constant adoption trend in the region, with 6% of users buying more than once a day and 4% daily 📲.
According to Binance's regional vice president for Latin America, Guilherme Nazar, "Cryptocurrencies and blockchain technology offer an attractive proposition to meet specific needs in the daily lives of people and companies in Latin America."
With a phone and minimal requirements, anyone can explore this world that promises accessibility, low costs, and efficient times ⏳.
The survey also highlighted that more than half of users adopted cryptocurrencies more than a year ago. The main motivations include the prospects of high returns (20%), financial freedom (15%), money protection (13%), and portfolio diversification (11%) 💼.
With 55 million cryptocurrency users in Latin America, the region accounts for almost 10% of global adoption 🌍, according to Triple-A.
The growing importance of cryptocurrencies in the Latin American market, where transactions are expected to exceed USD 7.8 trillion by 2024 💸.
Binance collected responses from 10,000 users from Argentina, Brazil, Colombia, and Mexico, covering a wide range of investment behaviors and market expectations.
