Only 34% of Canadians still believe that crypto “will play a key role in the future,” but the number of those able to give a basic definition of digital currencies has risen slightly.
The number of crypto hodlers in Canada dropped slightly in 2023, but the average value of their holdings rose significantly. However, 77% of respondents regret investing in crypto assets, according to a survey published by the Ontario Securities Commission (OSC).
The OSC published its “Crypto Assets Survey 2023” on Nov.
The survey results reflect a general pessimism toward crypto in the country’s population, which could be due to the period when the research was done.
Related: Digital Canadian dollar fails to impress despite high awareness
Fewer Canadians own crypto assets than a year ago, dropping from 13% in 2022 to 10% in 2023.
Despite the pessimism, 39% of respondents claimed their crypto portfolio is profitable, which is only slightly less than in 2022 (46%).
The most common reason for buying crypto remains consistent.
You can get bonuses upto $100 FREE BONUS when you:
💰 Install these recommended apps:
💲 SocialGood - 100% Crypto Back on Everyday Shopping
💲 xPortal - The DeFi For The Next Billion
💲 CryptoTab Browser - Lightweight, fast, and ready to mine!
💰 Register on these recommended exchanges:
🟡 Binance🟡 Bitfinex🟡 Bitmart🟡 Bittrex🟡 Bitget
🟡 CoinEx🟡 Crypto.com🟡 Gate.io🟡 Huobi🟡 Kucoin.
Comments