Home / Bitcoin Latest News / 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

The overwhelming majority of British folks – 93 p.c – have heard of Bitcoin (BTC), but most effective four p.c declare to have purchased it, in step with a contemporary ballot via UK marketplace analysis corporate YouGov published Nov. 7.

According to the survey, carried out this month, 9 out of ten Brits have heard of Bitcoin, then again, they record no longer figuring out it. Only four p.c of the ones surveyed claimed they perceive Bitcoin “very well,” whilst 23 p.c state they realize it “fairly well,” with males virtually 3 times as most likely as ladies to mention so (33 p.c towards 12 p.c). Younger Brits be successful amongst those that claimed to grasp Bitcoin, the record states.

In phrases 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. However, total, most effective four p.c of respondents have bought Bitcoin, with the gender smash down considerably extra male – 6 p.c of males, in comparison to 1 p.c of ladies surveyed.

Additionally, a vital quantity of younger folks, 36 p.c of the ones surveyed within the 18 to 24 12 months previous vary, declare they individually know somebody who has purchased Bitcoin ahead of.

Bitcoin buyers most likely to be 18 to 24 years old

Source: yougov.com

The German Consumer Centers of two federal states, Hesse and Saxony, have recently conducted a an identical survey. Out of 1,000 Germans between the ages of 18 and 39 polled, 55 p.c claimed they have got heard of cryptocurrencies ahead of. Further, 28 p.c of respondents from 18 to 29 discovered buying cryptocurrencies to be “conceivable.”

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