Argentinians who have chosen to enter the crypto world are showing a growing confidence in their operations, a survey conducted by Paxful in the country’s major urban centers shows.
According to a survey by international fintech Paxful, 84.9 percent of Argentines who recently worked in the cryptocurrency market said they were “interested or very interested”. in the repetition of the experience that shows a growing trust in so-called crypto assets.
The survey was conducted online in Buenos Aires, Mar del Plata, La Plata, Mendoza, Rosario, Córdoba, Salta and Tucumán, reaching more than 7,000 people in total. It is also stated that 77.8 percent of those who said they know cryptocurrencies better belong to the age segment between 30 and 39 years old with a high school and / or college degree.
Right away, When examining the level of confidence, the sample results show that 22.1% said they felt overall or fairly safe. However, the most notable data shows that the confidence of users who have made any type of transaction increases, reaching a confidence level of 67.9 percent.
The main reasons for mistrust include the lack of information on the topic (44.6%) and, far behind, the possibility of hacking (20.9%) and the lack of regulation (16.4%).
When asked about the rating of the experience with crypto assets, 78.3 percent of users rated it as positive, while 3.8 percent rated it as fair or bad.
In addition, 39.8% of respondents perceive cryptocurrencies as a positive innovation for the financial market, while 12.2% disagree with this statement.
LocalBitcoins, Binance P2P or Paxful: what is the best alternative?
Regarding the destination and usage observed in Argentina with cryptocurrencies, 42.3% of the respondents see an investment form as an alternative, 39.8% see it as a form of savings and 6.3% support the alternative of carrying out goods or service transactions
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