Nearly 50% of Users Utilize Cryptocurrency as an Additional Source of Income

Janak9955

Binance recently conducted a survey, revealing that nearly 50% of users use cryptocurrency as an additional means of income. According to data from a survey conducted by Binance between November 15, 2023, and December 6, 2023, with 1,172 participants in the Asia-Pacific, Middle East, Europe, Africa, and Latin America regions, almost half (45%) of the respondents indicated that earning additional income is their primary purpose for using cryptocurrency. Following closely behind are savings (19%) and inflation hedging (9%). A significant portion of respondents (around 36%) emphasized that the primary motivation for using cryptocurrency for savings is to achieve financial security and independence. (CryptoPotato)

Niti998

Having fifty percent of users is quite substantial.

Shri

If you want to generate income, the only way is through trading cryptocurrencies.

Ritu13

It's very risky.