April 20, 2024

Survey: 40% of Goldman Sachs customers trade bitcoin

Survey: 40% of Goldman Sachs customers trade bitcoin

Investment bank Goldman Sachs presented the results of a survey on the topic of cryptocurrencies. 280 people took part in the surveyclients, including managers of hedge funds, as well as clients of corporate and insurance services.

It turned out that 40% of them have positions oncryptocurrency market. In this category, 41% own cryptocurrency “in physical form or in the spot market”. The rest are trading derivatives, such as Bitcoin futures.

More than 60% expect that theircrypto assets will rise in value over the next 12-24 months. Most of the respondents also assume that the price of bitcoin over the next 12 months will remain in the range of $ 40,000 - 100,000, and 22% expect to exceed the upper limit.

15% of clients in the future are ready to place inBitcoin over 10% of its assets, 37% — less than 5%, and 39% are not going to make such allocations. 42% are interested in Bitcoin, 29%, — ether, 13% — stablecoins, 16% — other digital assets. A third of respondents believe that problems with regulation and other legal issues are the main obstacle to investing in cryptocurrencies.

Overall, the survey results show that customersGoldman Sachs did not listen to the bank's analysts when they said a year ago that cryptocurrencies "are not an asset class and are not suitable for investment." This is likely related to the recent decision by Goldman Sachs to restart the cryptocurrency trading division.

Where is it more profitable to buy bitcoin? 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 Bybit https://bybit.com 7.5
3 OKEx https://okex.com 7.1
4 Exmo https://exmo.me 6.9
5 Huobi https://huobi.com 6.5

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

  • Work reliability— 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.
  • 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.
  • Platform Features– availability of additional features — futures, options, staking, etc.
  • final grade– the average number of points for all indicators determines the place in the ranking.

Survey: 40% of Goldman Sachs customers trade bitcoin

</p>

Rate this publication