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 A survey from crypto exchange Bitget featured more than 1,500 respondents across 20 countries.
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<div class="cointelegraph">
 <p>Approximately 50% of crypto users are investing in digital assets to improve their everyday living standards.</p>
 <p>According to a new survey by <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a> exchange Bitget published on October 5, 46%, 44%, and 41% of respondents in South Korea, Canada, and Turkey said improving their <a rel="noopener noreferrer nofollow" title="living" href="https://thebittimes.com/tag/living.html">living</a> <a rel="noopener noreferrer nofollow" title="standards" href="https://thebittimes.com/tag/standards.html">standards</a> is their greatest financial goal when <a rel="noopener noreferrer nofollow" title="invest" href="https://thebittimes.com/tag/invest.html">invest</a>ing in digital assets. Meanwhile, around 36% of respondents in Malaysia and Taiwan said enhancing their family's quality of life was more important than other aspirations.&nbsp;</p>
 <p>Around 27% of female <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a> <a rel="noopener noreferrer nofollow" title="invest" href="https://thebittimes.com/tag/invest.html">invest</a>ors in the U.S. and Turkey said they <a rel="noopener noreferrer nofollow" title="invest" href="https://thebittimes.com/tag/invest.html">invest</a>ed in digital assets to fund their children's education, compared to just 5% in South Korea and Japan. In terms of the amount <a rel="noopener noreferrer nofollow" title="invest" href="https://thebittimes.com/tag/invest.html">invest</a>ed, <a rel="noopener noreferrer nofollow" title="users" href="https://thebittimes.com/tag/users.html">users</a> from China showed the highest level of engagement, with 18% allocating sums between $50,000 and $100,000, and an additional 19% <a rel="noopener noreferrer nofollow" title="invest" href="https://thebittimes.com/tag/invest.html">invest</a>ing between $100,000 and $500,000 in <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a> assets. While China has banned <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a> trading, Chinese nationals can still own <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a>currencies and circumvent the ban via VPNs. The ban also do not apply to Chinese nationals residing overseas.&nbsp;</p>
 <p>The survey was conducted between May and August, featuring over 1,500 participants from 20 countries in the E.U., China, Japan, South Korea, Turkey, as well as the U.S. and Canada.</p>
 <p>Despite continued adoption, interest in cryptocurrencies has stagnated in certain areas of the world due to tightening regulations and falling prices. On August 4, Cointelegraph reported that crypto ownership among Canadian adults fell by three percentage points between 2021 and 2022. "Investors did not appear to shift out of Bitcoin and into other cryptoassets, as we observe decreased ownership of altcoins," the Bank of Canada said in publishing its survey results.&nbsp;</p>
 <p>In other corners of the world, 99% of Nigerians reported awareness of digital assets in a recent survey, with 90% of respondents saying that they plan to invest in crypto within the next year.&nbsp;</p>
 <p><strong>Magazine:&nbsp;US gov’t messed up my $250K Bitcoin price prediction</strong></p>
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/nearly-half-of-crypto-users-invest-to-boost-living-standards-report-tbt65278.html">https://thebittimes.com/nearly-half-of-crypto-users-invest-to-boost-living-standards-report-tbt65278.html</a></p>

Nearly half of crypto users invest to boost living standards: Report

TheBitTimes

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