Hungarians want to learn more about the opportunities offered by cryptocurrencies.
The results of the survey conducted by the world’s largest crypto exchange Binance and market research firm Opinio; He revealed that the majority of Hungarians think crypto investments still carry above-average risks. Another problem seen is that there is not enough information about digital assets in Hungarian language.
Hungarians Investigate Crypto Taxes and Investment Rules
A survey revealed that Hungarians want to learn more about the long-term investment opportunities offered by cryptocurrencies.
The survey, conducted in mid-December with 1,034 respondents, brought to light the concerns of those who are cautious about cryptocurrencies about their privacy and fears that they are not safe enough as a form of investment.
Participants open to acquiring cryptocurrencies want to learn more about long-term investment opportunities, how income from such transactions is taxed, and what local and international regulations apply to trading.
The research shows that 86% of respondents have never used cryptocurrencies, while 4% use it occasionally. About 3 percent see crypto assets as an additional source of income, while for 1 percent, crypto is their primary source of income. 61 percent of users prefer to buy Bitcoin (BTC). Another 45 percent is made up of Ethereum (ETH) investors.