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The cryptocurrency market in Colombia is booming. In a survey among Colombian populations by Pexul Trading Platform, insights from consumer information firm Tolu confirmed that 86 86..5% of respondents are aware of cryptocurrencies and most of them (.7.7%) said That Bitcoin is your favorite.
For those who said they were aware and would invest in cryptocurrency, The vast majority (about 80 percent) will buy Bitcoin3..26% will invest in Ethereum, while a whopping 7.7% will invest in Bitcoin.
The investigation highlights the fact 91% of respondents believe that "cryptocurrencies will mark the future of world trade"General Chat Chat Lounge
Paxful / Tolu Insights Company surveyed more than 1,000 Internet users in Colombia, who voluntarily participated in a survey published in July by Naline. 62% of the respondents were women, while 59% of women were between the ages of 18 and 34, according to data provided to Kryptonotic Tias.
Although 80% of respondents are willing to invest, the report shows that there is little reluctance to use cryptocurrency as a financial option, Because this alternative was only supported under 20% of the sampleGeneral Chat Chat Lounge Regarding reasons for not investing, about 5% indicated that they would not invest initially because of the ignorance of the transaction process, something higher than 32૨% is prevented by mistrust, while .5.5% believe that there is a risk in investing. Due to lack of regulation.
After analyzing the figures, Studies determine that acceptance is growing in Colombia, Especially since then% 58 ..% have expressed their belief that the number of people adopting cryptocurrency will continue to grow, and 11% believe that there is strong movement towards supporting this system.
The answers that the respondents threw away became clear Colombia's outlook on cryptocurrency is positive and optimistic. Most people regard them as a good form of investment (60.5%), a positive example of globalization (greater than 13%) and a great technological advance that will need to be adopted at some stage (less than 20%).
On the other hand, less than 1.48% of people consider that the value of this currency is a questionable transaction and 4.45% fear is fluctuating.
Progress of cryptocurrencies in Colombia
Paxful / Tolu Insights reports Many believe that Colombia is moving in a positive way To strengthen the cryptocurrency ecosystem, Crypto Noticias sought the opinion of any associate of the cryptoactive market in that country, such as Tipson Sanchez, CTO of Panda Exchange House.
"Because the financial system in the country is very expensive, Colombia is ready to seek new approaches to the financial sector, where the average cost of a bank transfer is $ 2, so Colombians can be exposed to more options. However, they have also been exposed to potential scandals because of the regulatory. The lack of clarity allows Bitcoin to be put into a lot of scams and / or pyramid systems, so they can be deceived. "
Typson Sanchez, CTO of Panda.
Regarding the alleged popularity that Bitcoin will receive cryptocurrency, above Ethereum, Sanchez believes that among the defendants There may be confusion with the name Bitcoin, And in this regard he added: "There is a lot of street force for making other Velcoins known, but what is really traded is Bitcoin."
The fact that this survey was done by the Internet could explain the fact that the percentage of acquaintances of Colombians (.5 86..5%) is comparable to the same survey conducted a year ago in ia stralia, United States. And some countries in Europe have shown through interviews that 66% of the sample has heard of cryptocurrency. In the case of Internet users, the template used in Colombia is more exposed to information about cryptocurrency than a network that does not interact with the network.
What is coming
The report concludes that Colombia is experiencing a crucial moment in the cryptocurrency industry. The interest is so clear that the Republic Bank, Central Bank of Colombia, is already part of the Distributed Accounting Technology (DLT) initiative, to further protect the growing rate of users who choose to rely on crypto assets. General Chat Chat Lounge
In this regard, 58% of respondents believe that the country is on the right track, and without a doubt, regulatory rules provide more confidence and open space for more people to invest and deal with using crypto assets, however Congress has recently begun to regulate cryptocurrencies. The bill was rejected,
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