Cryptocurrency exchange KuCoin has published a report on Turkey’s crypto currency data for 2021.
The report stated that Turkey is a critical region for the adoption of crypto assets, despite the lack of regulatory infrastructure for crypto assets.
The report also announced that interest in cryptocurrencies continues to increase, especially among women and the older generation.
“40% of Population aged 18-60 Do Cryptocurrency Trades”
However, the report also found some interesting facts about cryptocurrency trends in Turkey.
The first of the findings was explained as the continued mass adoption of cryptocurrencies.
According to the report, approximately 40% of the internet users between the ages of 18-60 have traded cryptocurrencies in the last six months.
Additionally, 59% of respondents reported that they will increase their cryptocurrency holdings in the first half of 2022.
According to the data in the report, only a quarter of Turkish crypto users have been interested in cryptocurrencies for over a year.
The Rate of Female Cryptocurrency Users in Turkey Equal to Men”
However, the report also included data on the interest of the female population in Turkey in cryptocurrencies.
According to the data, women in the investment and trading segment in our country invest in cryptocurrencies proportionally almost equal to men.
It has been reported that 47% of crypto money investors in Turkey are female and 67% of women are interested in cryptocurrencies.
In addition, in western countries bitcoin and similar currencies are generally adopted by the younger population, while the interest of the population over the age of 40 in cryptocurrencies is increasing in Turkey.
It was stated that Turkish citizens investing in cryptocurrencies are generally interested in stablecoins, derivatives and Metaverse projects.
It has been announced that Bloktopia is the most bought and sold Metaverse project by Turkish citizens on the KuCoin exchange.
The report also observed the following data:
- 70% of the participants give importance to security and stability.
- 66% of the participants give importance to the ease of depositing and withdrawing fiat currency.
- 65% of respondents give importance to the user interface.
- 63% of the participants give importance to the variety of cryptocurrencies that can be traded.
- 55% of users care about transaction liquidity.
*Not investment advice.