HOBOKEN, N.J.–With the announcement by Fidelity that it is launching a virtual currency trading platform, a new survey of 1,000 adult American investors who are
not currently invested in virtual currency offers insights into whether they would ever take the plunge into virtual currency.
The survey was conducted by LendEDU. Among the findings:
A few of the highlights included:
- 52% of respondents said that if their brokerage account offered a virtual currency investment option (at the time of polling, no respondent's brokerage had such an offering) than they would invest in virtual currency.
- 55% of those respondents even said they would scale back their other investments to invest heavily in virtual currency.
- 41% of respondents would trust a traditional brokerage more than Coinbase in handling their virtual currency investments, while 14% would trust Coinbase more. Further, 39% would trust Amazon more than Coinbase in handling virtual currency investments, while 15% opted for Coinbase in that scenario, LendEDU said.
- 48% of respondents said they would consider moving their portfolio to a brokerage account that allowed them to invest in both traditional investments and virtual currency.
- 32% of respondents were disappointed that their brokerage account does not offer a virtual currency investment option, while 26% were not sure if they were or not.
The full report can be found here: https://lendedu.com/blog/brokerage-accounts-investing-in-crypto-survey/