March 29, 2024

Survey Results: BTC Holders Prefer Hardware Wallets

Survey Results: BTC Holders Prefer Hardware Wallets

After a series of hacks on crypto platforms, more and more holders began to store their digital assets on onehardware crypto wallet.

This was the conclusion of the user of Reddit Gunnaj after a recent survey of 339 Bitcoin holders for his doctoral dissertation.

Survey Results: BTC Holders Prefer Hardware Wallets

Almost half of Bitcoin owners preferstore your assets in hardware wallets. The second most popular method is an online wallet for mobile phones – 17.4%, followed by local wallet – 15.9%, followed by a paper wallet – 6.1%.

At the same time, almost 90% of respondents created one backup copy in case they lost the key. 

Survey Results: BTC Holders Prefer Hardware Wallets

To ensure the protection of their assets, most investors (79%) write down keys on a piece of paper or store them on external drives (23.6%).

Survey Results: BTC Holders Prefer Hardware Wallets

Hardware wallets quickly wonpopularity, and are considered reliable custodians of crypto assets. The most popular wallets today are Ledger, TREZOR and BitLox. They allow you to store different coins and use them in conjunction with online wallets. Earlier, we wrote material devoted to different types of cryptocurrency wallets and identified the most promising of them.

Recall that at the end of last year, Ledger added support for Tezos staking.