Aussie Crypto Investors See an Average Gain of $10k: Swyftx Survey
CryptoNewsTerminal Staff10 Sep, 2024
Aussie Crypto Investors See an Average Gain of $10k: Swyftx Survey
Eighty-two percent of crypto holders surveyed by local exchange Swyftx reported making a substantial profit on their holdings over the past year. The average gain was $9600, according to Cointelegraph. Almost a third of respondents said they would consider buying crypto if regulation was clearer, while 41 percent said they did not trust the unregulated crypto landscape. An estimated 3.9 million Australians currently own crypto. "With clearer regulation of crypto in Australia, we would expect to see between two to six million new entrants into the crypto space," said Swyftx CEO Ryan Parsons. The survey polled 2229 Australian adults.
