Binance survey shows almost half of users rely on crypto for extra income
On December 14 – Binance, the blockchain ecosystem powering the world’s largest crypto exchange by trading volume, unveiled insights into its users ’ primary crypto applications today. As part of its campaign, “Crypto is better with Binance,” and the initiative to showcase practical crypto applications globally, Binance surveyed to gain deeper insights into users’ motivations and the purposes behind utilizing digital assets. From a sample of over 1,000 participants, the survey revealed that almost half (45%) identified earning additional income as their main reason for using crypto. Saving money ranked second at 19%, with 9% mentioning using crypto to counteract inflation. Additionally, 36% of respondents highlighted that their primary motivation for using crypto for savings was to achieve financial security and independence. User experience Aman, featured in Binance’s content series, shares how escalating inflation in his Asian country height...
