- Nation-wide survey reveals that UK has taken to crypto during lockdown like never before.
Following a national survey carried out this March by leading Edinburgh Crypto wallet Zumo Money, data is showing that the UK has adopted Crypto in record numbers – especially amongst millennial demographics – who feel that it’s a safer, easier and better way to make their money work for them.
The last 6 months has been a key period for the crypto market, with over 50% of all those who have ever bought crypto, acquiring it within that time period.
As a financial system, it seems that crypto shows no signs of slowing with over 50% of 18 – 34 y/o believing that Crypto will be accepted for everyday transactions within the next 10 years
Speaking about the rise in Crypto during lockdown, founder and CEO of Zumo, Nick Jones said:
“Trust has never been higher and people are starting to make the move in a very real way. Maybe it was the extra time to research, or perhaps it was a desire for more financial control in uncertain times, but whatever it was, Crypto has become a mainstream feature for the lives of people everywhere”
There’s never been an easier time to get involved with Crypto – and with the Zumo App you can be up and running in as little as 5 minutes.
“Making life easy for our users is key – Crypto can feel like a minefield for a lot of people, so making people comfortable from the get-go was key. With Zumo you can be up and running in 5 minutes” – CTO & Co-founder, Paul Roach