Nearly 1 in 3 Russians has invested in crypto

The adoption of crypto continues at a steady pace almost all over the world. More and more people are coming into contact with the new industry and are therefore also investing in cryptocurrencies such as bitcoin (BTC). It seems to be no different in Russia. According to a survey by a Swiss crypto company, Tangem, 28% of all Russians have invested in cryptocurrencies at some point.

Russians are interested in cryptocurrencies

That reports the local news station Kommersant. The survey polled 2,100 Russians about their views on the world of cryptocurrencies. 72% of those surveyed said they had never bought a cryptocurrency before. That means that no less than 28% have already done so.

This makes the adoption of cryptocurrencies in Russia quite high. In addition, most Russians are full of praise for the crypto industry. Only 9% of those surveyed indicated that they are negative towards the crypto market. 46% of respondents had a neutral stance, while 45% said they were positive about the crypto industry.

According to the survey, the main reason for Russians to be positive towards cryptocurrencies the fact that money could be made with it. At least 44% of crypto investors indicated that this was the main motivation for them.

For the Russians who had not yet invested, the main reason for this was the fact that cryptocurrencies only exist digitally. The lack of a physical component was decisive for them not to invest in cryptocurrencies.

Investing crypto in the future

At least 31% of those surveyed also said they plan to buy one or more cryptocurrencies in the next six months. Another 40% said they were at least hesitant to do so. A minority of only 30% indicated that they certainly have no intention of investing in cryptocurrencies in the next six months.

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The results of the survey show that the use of cryptocurrencies is quite popular. The percentage of people who have already invested in cryptocurrencies is even higher than many other countries that have the image of being at the forefront of adoption.

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