CryptoMediaClub
Saturday, July 5, 2025
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
CryptoMediaClub
No Result
View All Result
Home Bitcoin

Turkey Sees Surge in Crypto Adoption Amid Inflation Crisis

04.09.2023
A A
0
122
VIEWS
ShareShare

Turkey Sees Surge in Crypto Adoption Amid Inflation Crisis

  • Females make up about half of the 18-to-30-year-old crypto investment population.
  • 71% of investors reported holding Bitcoin while Ethereum came in second.

According to a report by crypto exchange KuCoin, cryptocurrency usage is on the increase in Turkey, a nation experiencing significant inflation. Adoption rates in Turkey have risen rapidly over the last year and a half, from 40% to 52% of the population. This information was compiled by KuCoin, and is included in their newest “Understanding Crypto Users” study.

A KuCoin representative stated:

“Per our findings in Turkey and other previous country reports, for Turkey, the increasing number and percentage of crypto investors indicate an increasing interest and acceptance of crypto as a hedge against inflation.”

Long Term Investment

Inflation is a major concern in both Brazil and Nigeria, as the KuCoin representative mentioned. It was found that 58% of respondents’ “primary reason” for making investments in cryptocurrencies is to “accumulate wealth over the long term,” while 37% want to utilize it as a store of value.

Due to the country’s economic difficulties, such as a weakening lira and excessive inflation, cryptocurrency investing and asset preservation strategies have become more appealing. When it comes to cryptocurrency investments, Bitcoin is far away the most popular option. 71% of investors reported holding Bitcoin, while 46% reported holding Ethereum or similar stablecoin.

While males are still more inclined to put money into cryptocurrency, young women in Turkey are becoming more active investors. Females make up about half of the 18-to-30-year-old crypto investment population. According to the survey, 57% of those who invested did so because of recommendations from others.

Highlighted Crypto News Today:

French Authorities Visit Worldcoin’s Office Amid Data Privacy Concerns

Share9Tweet6ShareSharePin2

Related Posts

Crypto Fear & Greed Index Soars to 73: Unpacking the Market’s Bullish Confidence
Bitcoin

Crypto Fear & Greed Index Soars to 73: Unpacking the Market’s Bullish Confidence

03.07.2025
0

BitcoinWorldCrypto Fear & Greed Index Soars to 73: Unpacking the Market’s Bullish Confidence The pulse of the digital asset world...

Read moreDetails
Bitcoin Treasury Strategy Unlocks $24.75 Million for Green Minerals’ Ambitious Growth

Bitcoin Treasury Strategy Unlocks $24.75 Million for Green Minerals’ Ambitious Growth

02.07.2025
Celsius Lawsuit: Judge Unleashes Crucial Legal Battle Against Tether Over $4 Billion Bitcoin Liquidation

Celsius Lawsuit: Judge Unleashes Crucial Legal Battle Against Tether Over $4 Billion Bitcoin Liquidation

02.07.2025
Bitcoin’s Momentum Challenge: Why the Epic BTC Rally Faces Profit-Taking Pressures

Bitcoin’s Momentum Challenge: Why the Epic BTC Rally Faces Profit-Taking Pressures

01.07.2025
Bitcoin’s Astonishing Evolution: A New Trading Pattern Emerges

Bitcoin’s Astonishing Evolution: A New Trading Pattern Emerges

01.07.2025
Load More
Next Post

Russian Malware Targets Crypto Wallet: US and UK Intelligence Agencies Issue Joint Warning

0 0 votes
Рейтинг статьи
Subscribe
Notify of
guest
guest
0 комментариев
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

Recommended

ReserveBlock Launches RBX Reserve Accounts as Part of Spartan Wallet Update

2 years ago
Digital Asset Custodian BitGo All Set To Acquire Prime Trust

Digital Asset Custodian BitGo All Set To Acquire Prime Trust

2 years ago
Dogwifhat Drama: Ethereum NFT Auction Sparks Controversy with Solana Community

Dogwifhat Drama: Ethereum NFT Auction Sparks Controversy with Solana Community

1 year ago
Illuvium’s collapsing token represents the problems with GameFi

Illuvium’s collapsing token represents the problems with GameFi

2 years ago

Categories

  • All news
  • Altcoins
  • Analysis
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
No Result
View All Result

Highlights

XRP Price Prediction: Swiss Bank Embraces Ripple’s RLUSD – Billions Flowing into XRP?

ChatGPT’s 42-Signal TRX Analysis Flags Corporate Treasury Milestone

Google’s Gemini AI Predicts the Price of XRP, Solana and Cardano by the End of 2025

ChatGPT’s 42-Signal DOGE Analysis Flags Key $0.155 Support Test Amid Musk Drama

XRP Ledger logs 34% in RWA monthly growth, eyes bigger boost from Mercado Bitcoin partnership

Solana Price Prediction – Institutional Investor Includes Solana in $100 Million Strategic Fund: Is Wall Street Warming Up to SOL?

Trending

Crypto Traders on Alert as Sweden Expands Law to Seize Digital Assets
All news

Crypto Traders on Alert as Sweden Expands Law to Seize Digital Assets

05.07.2025
0

Sweden’s Justice Minister Gunnar Strömmer has ordered local authorities to intensify efforts to seize assets like cryptocurrency,...

Sanctioned Russian Giant Rostec Bypasses Banks with Tron-Based RUBx Stablecoin

Sanctioned Russian Giant Rostec Bypasses Banks with Tron-Based RUBx Stablecoin

05.07.2025
Crypto Price Prediction Today 4 July – XRP, Shiba Inu, Pepe

Crypto Price Prediction Today 4 July – XRP, Shiba Inu, Pepe

05.07.2025
XRP Price Prediction: Swiss Bank Embraces Ripple’s RLUSD – Billions Flowing into XRP?

XRP Price Prediction: Swiss Bank Embraces Ripple’s RLUSD – Billions Flowing into XRP?

05.07.2025
ChatGPT’s 42-Signal TRX Analysis Flags Corporate Treasury Milestone

ChatGPT’s 42-Signal TRX Analysis Flags Corporate Treasury Milestone

05.07.2025
  • All news
  • Altcoins
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
  • Analysis
Editor: cryptomediaclub.com@gmail.com
Advertising: digestmediaholding@gmail.com

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

wpDiscuz