A Binance survey of over 10,000 investors in Argentina, Brazil, Colombia and Mexico shows that the majority of cryptocurrency users (95%) in Latin America plan to expand their holdings in 2025 I’m doing it.
The survey results show that 40.1% of respondents expect to purchase more cryptography within the next three months, with 15.3% considering doing so in the next six months. , within 12 months, 39.7% have done so. Only 4.9% of people are not planning to continue investing this year.
Latin America led the world in citing crypto adoption in 2024, up 116%, according to a survey by payments company Triple-A, cited in the report. The region currently has 55 million cryptocurrency users, accounting for 10% of cryptocurrency users.
This rapid expansion is driven by rising asset prices, regulatory advances and new financial products such as the Spot Bitcoin Exchange-Traded Funds (ETFs). Brazil became the first country to approve the Spot XRP ETF last week.
Market performance also strengthens investors’ trust. “Latin America is a rapidly expanding region for the crypto sector, and the results of this study reinforce what we have observed in our business,” said Guilherme Nazar, regional VP at Binance, Latin America. It’s there.
According to a Binance study, half of the people surveyed have already used cryptocurrency for over a year, and most people are in the space looking for significant returns and looking for financial freedom .
Portfolio diversification, privacy and their money protection were also cited as motivations to invest in space. Read more: How a big ambition $115 million crypto fund plans to invest in Latin America