German Investors are Switching to Crypto: KuCoin

According to the latest report published by crypto trading platform KuCoin, Germany is switching to cryptocurrency.

The results of the survey show that 44% of Germans “are motivated to invest in cryptocurrencies to become part of the financial future.” In addition, 37%, of crypto investors “trade cryptocurrencies for more than a year.”

The survey has also shown that a large number of women in the country (53%) are interested in cryptocurrencies, which suggest German women are more interested in the future of finance than in the current outdated system:

“Cryptocurrencies are very popular among the supporters of the accumulation strategy, especially among the younger generation.”

Despite the high demand for cryptocurrencies in Germany, the country has not yet introduced specific rules for the use of digital currencies.