South Korea, invested on average 6.000 cryptocurrency dollars per head. A recent analysis reveals how much the crypts have entered the portfolios of South Koreans.
According to a new survey, the citizens South Korean they invest on average 6.000 dollars in cryptocurrency, changing their fiat currency.
This was the result of an analysis conducted in December by the non-profit organization 2018 Korea Financial Investors Protection Foundation, quoted by the newspaper Arirang, which revealed that the 7,4% of 2.500 adults interviewed said they had purchased encrypted currency at least once. This is a percentage that is increased by 1% compared to the previous year, despite the obstacles that the cryptothermal industry and the entire ecosystem are facing at the local level in the form of regulation of the exchange, and all transactions concerning encrypted currencies.
However, the increase in the number of buyers is certainly not the only element that is giving rise to one more positive view of the cryptocurrency ecosystem in South Korea. What's also changing is the fact that among those who now own a cryptographic currency, many are users who buy more than before. Compared to 2017, in fact, the average investment per person has risen by 64% to over 6.000 dollars, Arirang said.
The same analysis also reveals to us that the most "mature" investors are the ones most commonly able to buy cryptological notes. Therefore, despite saying that the cryptocurrency boom is mainly supported by the youngest, in reality the band of major investors is that of people who have an average of 50 years, followed by the band of investors who have between 30 and 40 years.
We also remember, as specified by Cointelegraph, that the price of bitcoin (BTC) rising to 5.300 dollars in early April stimulated the resurgence of a typical uptrend in the South Korean market. Known as "Kimchi Premium", the phenomenon sees local traders paying a premium for the Bitcoin, especially in stock exchanges, if measured in USD terms.
Meanwhile, problems persist for several operators and investors on the market, with a South Korean stock exchange that closed its doors last week and another, Bithumb, which continues to face the effect of a hack worth 18 million dollars that occurred in March, yet to be partially clarified. At the same time, Bithumb's parent company obtained an investment of 200 million dollars from a Japanese fund, revealing plans to expand both in the United States and in Japan.
