Latest news about Bitcoin and all cryptocurrencies. Your daily crypto news habit.
Crypto under the Christmas tree? A recent survey found that more than a quarter of Aussie crypto users plan to buy crypto-centric gifts this festive season.
More than a quarter of Australian crypto users surveyed in October plan to use digital assets as a part of their Christmas presents this holiday season.
The survey by crypto wallet and services provider Crypto.com polled 2,020 Australians aged 18ā59. Of those that had used crypto over the past 12 months, 26% responded that they would consider giving some away for Christmas or buying crypto-related gifts.
More than half, or 53% of those planning to buy crypto gifts, said they would consider purchasing crypto assets, like Bitcoin (BTC) or Ethereum (ETH) for their loved ones this Christmas.
The survey also found that crypto merchandise such as themed socks or hoodies might be popular gifts this holiday season as 43% of those planning to buy crypto-centric gifts said they were looking for these items.
Around 42% said they were thinking about buying coin vouchers, and 35% were considering buying crypto books. Around a third of those surveyed said they were thinking about gifting nonfungible tokens (NFTs).
Recent high-school graduate Justin El-Sheikh, 18, from Melbourne, is planning to give the gift of crypto this year. He told Cointelegraph that he plans on setting up his friends with a wallet and a small amount of Bitcoin to get them started.
āHeaps of my friends hear about crypto and say that they want to get involved but donāt know how to start. Itās a fun and thoughtful present idea,ā he said.
Karl Mohan, general manager for Asia-Pacific at Crypto.com stated, āAustralians are clearly very keen to adopt cryptocurrencies and integrate their use into day-to-day spending,ā before adding that Aussies āare gradually increasing their use of cryptocurrency and blockchain technology.ā
Related: 17% of Australians now own crypto, totaling $8B between them: Survey
A September survey of 1,000 respondents by Finder found that one in six Australians now own cryptocurrency, with the total asset value adding up to $8 billion. Around 9% of Australians surveyed own Bitcoin, 8% own Ethereum, and 5% own Dogecoin.
Last month, Crypto.com launched a global brand campaign starring Matt Damon.
Disclaimer
The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. Every investment and trading move involves risk - this is especially true for cryptocurrencies given their volatility. We strongly advise our readers to conduct their own research when making a decision.