Crypto awareness is on the rise in Brazil, a new survey has found – especially among individuals with higher incomes.
Survey, which reported by Globo, it was conducted by JPMorgan– supported neobank C6along with data providers Ipec. The party spoke to 2,000 individuals based across the country. All individuals include classes A, B, and C. The AE class system is used by Secretariat of Intelligence and Strategic Affairs with Brazilian Association of Research Companies, which sorts people into earning groups. The lowest group, E, earns up to twice the minimum wage, with the As earning x20 or more of the minimum wage value.
The survey was conducted in July of this year and found that 84% of respondents claimed to be familiar with crypto assets, with only 16% not sure what a token looks like. bitcoin (BTC) equal.
A third of those surveyed said they have not yet formed an opinion on crypto, but almost a quarter expressed interest in investing in the future.
Some say they are already involved in the world of crypto – albeit with mixed results. One percent of those who said they had previously taken the crypto plunge claimed they would never buy tokens again. And 9% of those surveyed said they had already bought crypto, and would consider buying more in the future.
The data also show that there is a certain skepticism among Brazil’s wealthier people. Almost 20% said they do not believe in crypto and would not consider making an investment.
The data also paints a picture of a typical crypto investor. C6 and Ipec pointed out that the majority of people who said they bought crypto or seriously considered investing were male and between the ages of 25 and 44.
On the contrary, the data shows that there is still an information gap between genders and generations when it comes to crypto awareness. Twenty percent of Brazilian women surveyed said they don’t know anything about crypto, compared to just 14% of men.
Among people aged 60 or over, 27% said they don’t know anything about BTC and the like – while only 13% of people under the age of 24 said they don’t know anything about crypto-related matters.
– Banking Giant Santander Set to Offer Crypto Trading to Brazil as Crypto ‘Is Here to Stay’
– Visa Play Multiple ‘Bitcoin Cashback’ Cards with Partners in Brazil, Argentina