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Poll Shows Hungarians Interested in Investment Potential of Cryptocurrencies

Poll Shows Hungarians Interested in Investment Potential of Cryptocurrencies – A new poll conducted by Binance, the world’s largest cryptocurrency exchange, and market research firm Opinio, has revealed that a majority of Hungarians believe that investing in cryptocurrencies carries higher-than-average risks. The survey, which aimed to gauge Hungary’s level of interest in the subject, was shared with Hungarian news agency MTI.

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The survey also revealed that a lack of sufficient information about digital assets in Hungarian is a concern for many. Those who are hesitant about investing in cryptocurrencies cite concerns about privacy and security. Respondents who are open to investing in crypto would like more information about long-term investment opportunities, how income from such transactions is taxed, and what regulations apply to trading both domestically and internationally.

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The study revealed that 86% of participants had never used cryptocurrency, while 4% were occasional users. 3% of respondents viewed crypto assets as a source of additional income and 1% relied on it as their primary source of income. The survey also found that even those who do not invest in crypto assets are aware of Bitcoin.

The poll found that among cryptocurrency traders, 61% preferred to buy Bitcoin (BTC), while 45% of investors chose Ethereum (ETH). The survey was conducted online with 1,034 participants aged between 18 and 59 who owned a smartphone, and was representative of gender, education, place of residence, and age. The survey was conducted in the first half of December.

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