CrossFi has unveiled its 2025 Crypto Market Research Survey, offering valuable insights into the evolving global use and perception of cryptocurrency. The survey examined key factors such as demographics, financial habits, and attitudes towards Web3 banking, revealing significant trends in digital money.
Key Demographics and Trends
The survey gathered responses primarily from participants in India, Finland, and Russia, with an overwhelming 80% of respondents being women. The majority of participants were aged between 28 to 43, earning between $1,000 and $3,000 per month. The findings suggest that many are using cryptocurrencies regularly, with most respondents using crypto once or twice a week, indicating that digital currencies are gradually becoming an integrated part of everyday life.
Income Sources and Crypto Use
The survey highlighted that many users view crypto investing or holding as a key income source, signaling a shift towards long-term value growth in the sector. It also identified diverse income streams within the crypto space, including investing or holding (26.6%), mining (32.9%), trading (33.9%), and arbitrage trading (21.6%). A smaller number of respondents earn through crypto industry jobs (11.2%) or entrepreneurship (6.2%).
Additionally, participants expressed interest in using crypto for various daily needs, with services (30.2%), goods (29%), and both domestic (32%) and international (29.8%) transfers being the most common use cases. Many respondents also wish to use crypto for real estate investments (28.3%), salary payments (24.8%), and anonymous transactions (21.4%).
Challenges and User Sentiments
Despite the growing use of cryptocurrency, respondents identified high transaction fees as a significant barrier to adoption. Many users also pointed out concerns related to safety, reliability, and decentralization, noting that while decentralization offers increased security, issues like blocked accounts and strict KYC requirements still hinder their experience.
Looking Ahead: The Future of Crypto
Survey participants are optimistic about the future of crypto, with many predicting that by 2025, digital currencies will function as seamlessly as fiat money. However, safety and cybersecurity remain critical concerns. This underscores the growing need for stronger protections as the digital finance landscape continues to evolve.
CrossFi, with its Chain platform, seeks to address these concerns by offering seamless fiat-to-crypto integration through non-custodial payments, providing users with full control, security, and easy access to digital assets. The platform aims to promote financial freedom and inclusivity for all users in the evolving world of Web3.
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