KuCoin Into The Cryptoverse Reveals Increase In Number of Saudi Arabian Crypto Investors Adopting Auto-trading Strategies in Bearish Market (Graphic: Business Wire)
VICTORIA, Seychelles--(BUSINESS WIRE)--Global cryptocurrency exchange KuCoin has released the results of its Into The Cryptoverse report exploring the penetration and adoption of digital currencies in Saudi Arabia.
The survey conducted by KuCoin revealed that as of May 2022, around 3 million Saudi Arabians, which account for 14% of the adult population aged 18 to 60, have become crypto investors who either currently own cryptocurrencies or have traded over the past six months. The survey also reveals that another 17% of adults are considered to be crypto-curious and are likely to invest in cryptocurrencies over the coming six months.
The report’s findings highlight sustainable interest among potential crypto investors in the Arab country. In the first quarter of 2022, 49% of crypto investors intended to increase...
Your content is great. However, if any of the content contained herein violates any rights of yours, including those of copyright, please contact us immediately by e-mail at media[@]kissrpr.com.
INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...