The survey conducted by Holborn Assets showed that in the Arab Emirates, 1 out of every 5 people is planning to invest in cryptocurrencies. The survey conducted questioned 2700 people in 8 Arab countries. Onlineinterviews conducted a survey to find out the level of interest in cryptocurrencies in the Arab world. The survey was conducted over the phone, and questioned 2700 people in 8 Arab countries: Saudi Arabia, Egypt, Jordan, Palestine, Lebanon, Kuwait, Bahrain and the United Arab Emirates. The results showed that 20% of the questioned people from the Arab world were thinking about investing in cryptocurrencies. The onlineinterviews conducted a survey to find out the level of interest in cryptocurrencies in the Arab world. The survey was conducted over the phone,
The survey of the leading UAE fintech firm showed that the demand for cryptocurrencies is higher than ever. The surveys results were surprising as the results were the opposite of what was expected. Bitcoin was the most demanded cryptocurrency followed by Ethereum. Holborn Assets is one of the leading cryptocurrency trading platform in the region.
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According to the latest cryptocurrency survey conducted by financial company Holborn Assets, a growing number of people in the UAE have started to show high interest in cryptocurrencies. The survey was conducted on 1000 individuals who have purchased or are planning to purchase cryptocurrencies in the next six months. The results were surprising…. Read more about new cryptocurrency and let us know what you think. Summary of the situation – Holborn Assets is engaged in the mining of cryptocurrencies. – At least 8 in 10 UAE residents believe in cryptocurrencies. According to YouGov, a market research firm, volatile dynamics are driving demand for cryptocurrencies in the UAE. Many people in the UAE are attracted to cryptocurrencies and their high profits. The demand for cryptocurrencies has increased over the years, with tokens like bitcoin being a favorite. Due to this high demand, at least 44% of people in the Arab region believe that cryptocurrencies are suitable for trading. 5% of respondents believe that more information is needed about investing in cryptocurrencies. These numbers are high and show that 8 out of 10 people in the UAE trust cryptocurrencies. Stephan Terry, global partner in the UAE office of Holborn Assets, believes the growing demand for cryptocurrencies is here to stay. Investors are looking for a passive way to increase their profits, and that’s what cryptocurrencies potentially have to offer. Many would-be traders have pulled out of the Arab region to take advantage of the volatility of cryptocurrencies. Companies like Holborn Assets are trying to set up local programs to train new Arab investors. This can overcome the high demand for cryptocurrencies in the UAE. The system Holborn Assets is trying to work with offers courses and training materials to interested parties.
Views of citizens on the demand for cryptocurrencies in the UAE
Surveys have shown that young people between the ages of 18 and 25 are the most likely to invest in cryptocurrencies. More than a third of those surveyed think cryptocurrencies are a good investment opportunity. Only 17% of those aged 47 and over are using this new way of investing in the UAE. However, other citizens believe that cryptocurrencies are a fad and do not offer the return on investment that they promise. Some investors want cryptocurrencies to be streamlined to provide more security for commercial use, while others want cryptocurrencies to remain in their current market.
How will demand for cryptocurrencies be met?
Now that Holborn Assets knows how much demand there is for crypto-currencies in the country, it needs to promote them. The company will try to create courses and tutorials for new investors to learn about cryptocurrencies. That way, there won’t be as much misinformation about the speculation and value of each cryptocurrency. Demand for cryptocurrencies is also booming thanks to the significant growth of the largest cryptocurrency token, bitcoin. NFTs are also gaining ground in the market with increasing sales since their launch. The UAE is preparing for a decentralized market that will bring more profits to its investors. If you are in this Arab region, it may be wise to take advantage of the information Holborn Assets can provide.According to the Holborn Assets survey, the demand of cryptocurrencies among the Emirati-based investors has increased. The research conducted by the company involved a total of 550 people in the United Arab Emirates. The survey was conducted in order to evaluate the behavior of the investors in Dubai and the Northern Emirates. Results showed that one third of the total participants had experience in the field of crypto trading.. Read more about bit coin price and let us know what you think.
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