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Leading reasons for consumers in the Netherlands to invest in cryptocurrency in 2018

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Leading reasons for cryptocurrency investments in the Netherlands 2018 This statistic shows the answers to a survey question on the leading reasons for consumers in the Netherlands to invest in cryptocurrencies, such as Bitcoin, in 2018. Bitcoin is a so-called cryptocurrency, a digital currency that uses blockchain technology as a means of security. Because of its design, it is difficult to get an insight in the full size of the Bitcoin market in individual countries. Because Bitcoin and other cryptocurrencies reached the news often in 2017, approximately 60 percent of the households in the Netherlands who invest in cryptocurrencies started doing so in 2017.
Almost 40 percent of the respondents indicated in an open answer their main motivation to start investing in digital currencies was to earn money. Other important drivers include curiosity towards blockchain or to find an alternative for saving due to low interest rates. In the first three quarters of 2017, there were approximately 44,000 transactions in Bitcoin from the Netherlands on a trading platform called BTC Direct. In addition, Belgium and the Netherlands have several Bitcoin ATM installations.
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This statistic shows the answers to a survey question on the leading reasons for consumers in the Netherlands to invest in cryptocurrencies, such as Bitcoin, in 2018. Bitcoin is a so-called cryptocurrency, a digital currency that uses blockchain technology as a means of security. Because of its design, it is difficult to get an insight in the full size of the Bitcoin market in individual countries. Because Bitcoin and other cryptocurrencies reached the news often in 2017, approximately 60 percent of the households in the Netherlands who invest in cryptocurrencies started doing so in 2017.
Almost 40 percent of the respondents indicated in an open answer their main motivation to start investing in digital currencies was to earn money. Other important drivers include curiosity towards blockchain or to find an alternative for saving due to low interest rates. In the first three quarters of 2017, there were approximately 44,000 transactions in Bitcoin from the Netherlands on a trading platform called BTC Direct. In addition, Belgium and the Netherlands have several Bitcoin ATM installations.
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Release date
July 2018
Region
Netherlands
Survey time period
February 2018
Number of respondents
885 respondents
Age group
18 years and older
Special properties
consumers who have invested in cryptocurrencies
Method of interview
Questionnaire
Supplementary notes
* The source states that the numbers provided are from open answers.

The source does not provide information regarding multiple answering options.
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