Aussies Turn to Crypto for Affordable Investment and Enhanced Financial Control, Study Shows
A recent report highlights Australia’s growing embrace of cryptocurrency, with one in five Australians currently or previously holding crypto.
This surge in adoption is fueled by the low investment threshold and the desire for greater financial control, particularly among Millennials and Gen Z. However, barriers like lack of knowledge and understanding still hinder new users from entering the market.
While Aussies traditionally favor real estate, many are now turning to crypto as a more accessible investment option. The report suggests that simplifying the onboarding process and ensuring a secure environment could further boost adoption rates.
Clever Robot News Desk 5th September 2024
