Crypto

Survey – Australian users plan to buy Christmas gifts in crypto

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Crypto – More than a quarter of Australian users participated in a survey in October. The poll result was that most of them plan to use digital assets as part of their Christmas gifts this holiday season.

2,020 Australians aged 18-59 were surveyed. Of those who have used crypto in the past 12 months, 26% said they would consider giving some Christmas or buying crypto-related gifts, according to cointelegraph.com

More than half, or 53% of those planning to buy crypto gifts, said they would consider purchasing crypto assets such as bitcoin (BTC) or Ethereum (ETH) for their Christmas loved ones.

The survey has also found that gifts related to the crypto industry, such as themed socks or sweatshirts, could also be popular gifts this holiday season for digital asset enthusiasts, as 43% of those planning to buy crypto-related gifts for their loved ones said they were looking for these types of items.

About 42% of the participants said they thought of buying coin vouchers, and 35% considered buying books related to cryptos. About a third of those surveyed said they were considering gifting non-fungible tokens (NFTs). Whether any of them buys either a crypto-themed sweatshirt, a book on how to get started trading crypto, or, why not, a cool NFT that they believe a family member would love – it’s all amazing news for us the long term members of the cryptocurrency industry. This will most likely lead to even more adoption for cryptos and will get tons of people who weren’t previously interested in the industry too, perhaps, have a look and do their own research, which might bring more people to join this community.

Gifting small amounts of crypto to your friends!

New high school graduate Justin El-Sheikh, 18, from Melbourne, plans to give cryptocurrency as a gift this year. He told Cointelegraph that he intends to provide his friends with a wallet and a small amount of Bitcoin to get them a quick start and hop them on the crypto train.

“Heaps of my friends hear about crypto and say that they want to get involved but don’t know how to start. It’s a fun and present thoughtful idea,”

At Crypto.com, Karl Mohan, the CEO of Asia-Pacific, said: “Australians are very keen to adopt cryptocurrencies and integrate their use into day-to-day spending”. He also added that Aussies “are gradually increasing their use of cryptocurrency and blockchain technology.”

A September survey by Finder, with 1,000 participants, found that one in six Australians now owns cryptocurrencies. The total value of these assets was just around the impressive amount of $8 billion. About 9% of Australians surveyed own Bitcoin, 8% own Ethereum and 5% have some Dogecoin.

Have you considered gifting your loved ones for this Christmas crypto-related item, or perhaps, even a few dollars worth of a cryptocurrency? There are plenty of items to choose from, ranging from gift cards in Bitcoin or Ethereum, to various themed items for those who already have a glimpse of what cryptocurrencies are all about!

And at the end of the day, who knows? Maybe the person you’d be gifting that $100 gift card in Bitcoin will cash out later for an even higher amount in USD, or perhaps it’ll get them interested to learn more, and become even more invested in the domain!

Whaletank Team

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