At this point, the fraction is fairly distribut across the ranges list in the survey, as shown in the graph below: The percentage of investments people dedicate to cryptocurrencies More famous in the market, it is not surprising that 91% of Brazilians invest in Bitcoin; then Ether (46%) and Binance Coin (22%) are also among the most cite digital currencies BW Lists by Capterra survey respondents. The 3 main currencies bought by Brazilians 1- Bitcoin (BTC): It is consider the first digital currency in the world, which is why it is the most famous. Its appearance dates back to 2008 , during the financial crisis that affect several countries. In 2020, the cryptocurrency reach an impressive 900% appreciation . 2- Ether (ETH): In 2014, founders Gavin Wood and Vitalik Buterin launch the Ethereum platform for trading ETH currency and executing smart contracts.
The percentage of investments people
To acquire it, it is very common for people to first buy Bitcoin and exchange it for Ether at exchange offices . 3- Binance Coin (BNB): was launch in 2017 by the largest cryptocurrency brokerage in the world, Binance. Due to the company’s development strategy for the asset, the currency has become one of the most trad. Binance’s most recent Grenada Email List endeavor was the launch of a $1 billion fund to accelerate one of its coins, Binance Smart Chain . “Hot Wallet” is the preferr portfolio of Brazilian investors For the maintenance of their cryptocurrencies, which includes sending and receiving values, investors need to use crypto wallets. They are the ones that store the public and private keys to guide transactions. In addition to managing digital assets, this feature, which is often coupl with services offer by brokerage houses, also provides security against hacker attacks.
More famous in the market
Crypto wallets are divided as follows: Hot wallets: also called hot wallets, they are fully digital wallets that promote transactions very quickly. Capterra’s research showed that the majority of Brazilians (68%) prefer to store their digital currencies through this feature. Although it is protected by different types of authentication, it can be considered risky due to possible hacker intrusions. Cold wallets: the cold wallet (name translated from English) differs from the previous option because it stores assets off the internet. Companies responsible for this type of storage use mobile devices such as USB or software. About 39% of Brazilians use this feature to store their cryptocurrencies.