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More Aussie Crypto Traders Profiting, Country Moving to Largest Reform of Payments Systems
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Nearly 90% of crypto owners in Australia have either profited from trading in 2021, or broke even, with the number of women in the crypto-owning group doubling compared to 2020, according to a recent survey released by Aussie crypto exchange Independent Reserve.
To be more specific, a robust 89% of Australian crypto owners made money or have broken even this year in their trading activities, up from 78% in 2020.
"In 2021, 59.6% of people reported making money with their crypto investments, up from 42.7% in 2020," the report that presents the results of the survey said.
On the other hand, the age groups "most likely to have lost money on crypto in 2021 were the 65+ bracket (31.3%) and 55-64s (21.4%), but only 5.9% of 18-24-year-olds posted
Read more on cryptonews.comAbout this in other media
Australia proposes new laws to regulate crypto, BNPL economictimes.indiatimes.com /2 years ago
Australia in CBDC talks as Treasurer claims crypto ‘shake up’ is coming ambcrypto.com /2 years ago
Australian government gives nod to 6 world leading crypto reforms cointelegraph.com /2 years ago
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