Majority of British crypto owners revealed to be hodlers: Survey
— Sold, Male, Customs, British, Including 713 crypto asset owners, Vast majority hold cryptocurrencies, Consisted — 1 min read
10% of U.K. citizens hold or have held crypto, with 55% never having sold any. Only 7% are currently holding more than £5,000 (almost $6000 by press time) in value. Majority of owners reported making a profit (63%) over the past year when disposing of cryptoassets. 68% of owners most frequently acquire crypto from “centralized exchanges” and 81% use these exchanges to sell or exchange their assets. A vast majority hold cryptocurrencies (79%) while the second most popular type of asset is utility tokens (20%) The majority of owners have holdings of up to £1,000 ($1200) The survey was conducted between February 2021 and June 2021, this data should be attributed to Source