Key Insights of Cryptocurrency Adoption in Germany in 2019
The BRL Report “The State of Cryptocurrency Adoption: Germany Q4 2019“ provides new insights into cryptocurrencies in Germany, based on a representative online survey among more than 3,000 participants.
Key findings include:
High awareness: 87% of respondents know Bitcoin, 64% know blockchain technology.
High rate of ownership: 14.1% of respondents own cryptocurrency, compared to 19.3% who own stocks.
Small investments and high returns: The average cryptocurrency owner invested €2,546 and now holds a portfolio worth €4,716. This is an increase of 85%.
Unequal adoption: 69% of cryptocurrency owners are male; the average owner is ten years younger, better educated, and earns €400 more per month than the average non-owner.