May 3, 2024

24% of US millennials choose cryptocurrency investments

24% of US millennials choose cryptocurrency investments

Nearly 60% of American Zoomers (those born between 1997 and 2012) believe they will become millionaires through investinginto cryptocurrency. This is the conclusion reached by the research firm Engine Insights. 1027 respondents took part in the survey.

It also revealed that millennials (born from 1981 to 1996) are far less optimistic about their future. Of these, only 46% believe they can become millionaires using cryptocurrencies.

It is noteworthy that it was millennials who gavemost (24%) preference for cryptocurrencies. Zoomers are less interested (22%) in cryptocurrencies, and the generation of baby boomers (born from 1943 to 1962) is not at all interested (3%).

24% of US millennials choose cryptocurrency investments

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Moreover, it turned out that the baby boomer generationfar more (5%) are interested in non-fungible tokens (NFTs) than cryptocurrencies. In general, digital assets turned out to be much less attractive for all age groups of respondents than stocks, real estate and bonds.

When asked "where would you invest your free $ 2000", about 53% of respondents chose stocks, 42% - mutual funds, 29% - cryptocurrencies, and 15% - NFT.

Engine Insights data differs significantly fromindicators from another research firm, Piplsay. Let us remind you that earlier they found out that the zoomer generation is least interested in cryptocurrency. Thus, only 13% of respondents invested in this type of asset.

Generation X respondents (born from 1965 to1980) were in second place (38% of respondents invested in cryptocurrencies). Millennials turned out to be the most active generation. Here Piplsay found that 49% of respondents have invested in cryptocurrencies.

Where is it more profitable to buy cryptocurrency? TOP-5 exchanges

For a safe and convenient purchase of cryptocurrencies with a minimum commission, we have prepared a rating of the most reliable and popular cryptocurrency exchanges that support deposits and withdrawals of funds inrubles, hryvnias, dollars and euros.

The reliability of the site is primarily determinedtrading volume and number of users. By all key metrics, the largest cryptocurrency exchange in the world is Binance. Binance is also the most popular crypto exchange in Russia and the CIS, since it has the largest cash turnover and supports transfers in rubles from bank cardsVisa / MasterCardand payment systemsQIWI, Advcash, Payeer.

Especially for beginners, we have prepared a detailed guide: How to buy bitcoin on a crypto exchange for rubles?

Rating of cryptocurrency exchanges:

# Exchange: Website: Rating:
1 Binance (Editor's Choice) https://binance.com 9.7
2 Huobi https://huobi.com 7.4
3 Exmo https://exmo.me 6.9
4 OKEx https://okex.com 6.5
5 Bybit https://bybit.com 6.3

The criteria by which the rating is set in our rating of crypto-exchanges:

  • Work reliability&#8212; stability of access to all functions of the platform, including uninterrupted trading, deposits and withdrawals of funds, as well as the duration of the market and daily trading volume.
  • Commissions– the amount of commission for trading operations within the platform and withdrawal of assets.
  • Additional features and services&#8212; futures, options, staking, NFT marketplace.
  • Feedback and support– we analyze user reviews and the quality of technical support.
  • Convenience of the interface– we evaluate the functionality and intuitiveness of the interface, possible errors and failures when working with the exchange.
  • final grade– the average number of points for all indicators determines the place in the ranking.

24% of US millennials choose cryptocurrency investments

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