Discord

<p class="is-style-lead">A new survey from CoinGecko reveals that X, Telegram, and YouTube are the top platforms where the crypto community gets their news and updates.</p>
<p>Crypto investors tend to favor social media platforms for their news, with <a href="https://crypto.news/tag/twitter/" target="_blank" rel="noopener noreferrer nofollow">X</a>, <a href="https://crypto.news/tag/youtube/" target="_blank" rel="noopener noreferrer nofollow">YouTube</a>, and <a href="https://crypto.news/tag/telegram/" target="_blank" rel="noopener noreferrer nofollow">Telegram</a> leading as their top sources of information. According to a <a href="http://www.coingecko.com/research/publications/crypto-community-media-usage" target="_blank" rel="noopener noreferrer nofollow">study</a> conducted from June 25 to July 8 by CoinGecko, the three platforms collectively account for 84% of where crypto enthusiasts get their information.</p>
<p>The survey shows that over 34% of respondents rely primarily on X for crypto news, making it the leading platform for information in the space. YouTube follows closely, with 23.4% of participants using it as their main source for updates, while Telegram is used by 16.0% of respondents.</p>
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   <p lang="en" dir="ltr">Where do people get crypto news? 📰<br><br>Our recent survey reveals that most of the crypto community consume their news from social media platforms, rather than from news websites.<br><br>While 73.8% of respondents relied on X, YouTube or Telegram as their main information source, only… <a href="https://t.co/DnyyCyTMSB" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/DnyyCyTMSB</a></p>— CoinGecko (@coingecko) <a href="https://twitter.com/coingecko/status/1826590161758572616?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">August 22, 2024</a>
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<h2 class="wp-block-heading" id="crypto-users-tend-to-get-updates-from-social-media">Crypto users tend to get updates from social media</h2>
<p>Although X is the most popular platform overall, less than half of its users (41.7%) consider it their primary social media space for crypto discussions. Meanwhile, Telegram and YouTube have seen similar levels of engagement, with 21.5% and 20.8% of participants respectively spending most of their time on these platforms.</p>
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
 <p>“Crypto Discord was the primary social media platform for 6.8% of participants, slightly ahead of the 4.5% who were mainly on crypto Reddit. This might be because Discord and Reddit are more widely considered as supplementary social media platforms for the crypto community.”</p>
 <p>CoinGecko</p>
</blockquote>
<p>The survey, which included 2,558 respondents, reveals that the crypto community prefers to get their news from the same platforms where they are most active. Nearly 70% of participants identified as long-term investors, while 18% were short-term traders, 7% were builders, and 6% were sidelined spectators.</p>
<p>About 46% of respondents were in their first crypto cycle (zero to three years), 41% were in their second cycle (four to seven years), and the rest had more than eight years of experience. Most participants (90%) were based in Europe, Asia, North America, and Africa, with the remainder located in Oceania or South America, the data shows.</p>
<p>As crypto.news <a href="https://crypto.news/europeans-stay-bullish-on-crypto-new-survey-reveals/" target="_blank" rel="noopener noreferrer nofollow">reported</a> earlier, Binance Square’s early 2024 poll identified high returns, decentralization, and innovation as pivotal factors driving mainstream crypto adoption in Europe, with 20%, 18%, and 17% of respondents highlighting these aspects, respectively. The study also stated that 55% of survey participants use cryptocurrency for everyday purchases, and 10% make weekly cryptocurrency payments.</p>
<p>Read more: <a href="https://crypto.news/web3-repeats-legacy-issues-of-access-for-black-and-latino-founders-survey-shows/" rel="noopener noreferrer nofollow"> Web3 repeats legacy issues of access for Black and Latino founders, survey shows </a></p>

X and YouTube favored by investors for crypto news, study shows

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