The survey interviewed 999 Brazilians from all over the country in October 2021 (check out the full methodology at the end of the text). More than half of respondents are interested in investing in cryptocurrencies About 52% of Brazilians plan to buy or use cryptocurrencies, according to the Capterra survey. See the distribution in the chart BW Lists below: The State of Crypto Investing in Brazil The study also showed that 56% of respondents have knowledge on the subject, while 44% said they had some knowledge. These results come at the same time that cryptocurrencies are expanding in both popularity and use. Just to give you an idea, last year, the largest representative of digital currencies, Bitcoin, recorded a 143% increase in internet searches.
The Capterra study showed that
The adoption of cryptocurrencies, worldwide, registered a growth of 881% (content in English). One of the factors that increased the search for the asset was the health crisis itself, leading people to seek alternative investments for fear Finland Email List of economic crises, increased inflation and currency devaluation. How Brazilians find out about cryptocurrencies The Capterra study showed that it is not just the way of investing that is new, but the way to update oneself on the subject. The majority of respondents (62%) stated that they use YouTube to search for information about cryptocurrencies. In Brazil, there are already some famous channels specializing in digital currencies, some with more than 200,000 followers.
The factors that justify investing in cryptocurrencies
After YouTube, people demonstrated to follow a traditional path, informing themselves about cryptocurrencies through specialized news sites on the subject (43%). Capterra’s research proves this movement motivated by the health crisis. According to the study, of those who have already bought or plan to buy, 59% said that the pandemic influenced them to make such a decision, however, the justification for the investment is different: 3 out of 10 commented that the pandemic gave them more time to research about the subject. The factors that justify investing in cryptocurrencies Another data shows that the use of cryptocurrencies is something recent in the life of Brazilians, reinforcing that the pandemic exerted a great influence on its adoption.
