Report: 3 Million Brits Invested in Crypto via Exchanges, Few Sought Advice

July 29, 2018

According to a new study, about 3 million British investors have put money into crypto through online trading platforms and only 5 percent of them have been advised by professionals. The survey also found that 2.5 million Brits have casually invested in cryptocurrency without fully understanding it. According to the research, almost 3 million people in the UK have invested in cryptocurrency using an “e-trading platform” but only 5 percent have consulted a financial advisor before doing so, the online edition of The Daily Express reported. The authors also found that 2.5 million British residents have casually invested in cryptocurrency without fully understanding the investment.The report further details that a total of 38 percent of those surveyed, a nationally representative sample of 2,007 respondents, admitted they did not understand cryptocurrency and about a third believed it was a bubble set to burst. No data has been provided by the publication about the level of knowledge and awareness among the rest of the polled.


Share on Facebook
Share on Twitter
Please reload

Featured Posts

#Binance Adds #BTT/PAX, BTT/TUSD and BTT/USDC Trading Pairs

February 14, 2019

Please reload

Recent Posts
Please reload

Beginner's Bitcoin Buying Guide

Learn how to buy

bitcoin with this free step by step guide for  beginners.

Click here to read

Please reload


© 2018 by  - email  us:

Terms of Use and Privacy Policy Disclaimer: Most of the articles, ratings, and reviews are posted because we are compensated in some way.

Follow Us
  • Facebook Basic Square
  • Twitter Basic Square