Over 25% of Aussie Cryptocurrency Investors Intend to Purchase Crypto Christmas Gifts November 17, 2021 November 17, 2021 Kelly Cromley http://1AZFjzw2#Nwf63pYaMWq#xIY
Market NewsNovember 17, 2021 by Kelly Cromley

Over 25% of Aussie Cryptocurrency Investors Intend to Purchase Crypto Christmas Gifts

Over 25% of Australian cryptocurrency users polled in October want to utilize digital assets as portion of their holiday gifts this year. Cryptocurrency wallet and services provider Crypto.com interviewed 2,020 Australians between the ages of 18 and 59.

Of those who had used cryptocurrency in the previous 12 months, 26% said they would consider giving it away for Christmas or purchasing crypto-related presents. Over half, or 53%, of those intending to purchase crypto presents indicated they would consider buying crypto assets such as Bitcoin (BTC) or Ethereum (ETH) for their loved ones this holiday season.

According to the poll, crypto products such as themed socks or sweatshirts may be popular presents this holiday season, with 43 percent of those expecting to purchase crypto-centric gifts opting for these things. Around 42% were contemplating purchasing coin vouchers, while 35% were considering purchasing crypto books.

A third of respondents polled stated they were considering giving non-fungible tokens as gifts (NFTs). Justin El-Sheikh, a recent high school graduate from Melbourne, plans to offer the gift of cryptocurrency this year. According to Cointelegraph, he intends to provide his buddies with a wallet and a modest quantity of Bitcoin to get them started.

“A lot of my friends have heard of cryptocurrency and want to get involved but don’t know where to start. It’s a creative and considerate gift idea,” he remarked.

“Australians are definitely extremely motivated to accept cryptocurrencies and incorporate their usage into day-to-day spending,” said Karl Mohan, General Manager for Asia-Pacific at Crypto.com, before adding that Aussies “are steadily growing their use of bitcoin and blockchain technology.”

According to a Finder poll of 1,000 people conducted in September, one in every six Australians now owns cryptocurrencies, with a total asset worth of $US8 billion. Approximately 9% of Australians polled hold Bitcoin, 8% own Ethereum, and 5% own Dogecoin. Crypto.com launched a worldwide advertising campaign featuring Matt Damon last month.

AuthorKelly Cromley

Kelly is our in house crytpto researcher, delving into the stories which matter from blockchains being used in the real world to new ico coming out.