The German authorities periodically urge citizens of the country not to invest in digital currencies. Regulators point to bitcoin's volatility and warn people that they could lose their money.
However, the results of sociological surveys show that the Germans, on the contrary, continue to massively enter digital assets. The KuCoin exchange found that 44% of German citizens are actively interested in cryptocurrencies and plan to invest in such assets soon.
37% of German residents who took part in the survey are already involved in crypto trading. According to the CEO of this platform, Johnny Liu, many German investors perceive cryptocurrency as a tool for hedging inflationary and geopolitical risks.
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At the same time, he noted that German citizens are entering the cryptosphere, even though the blockchain industry has not yet been fully legalized in their country.
According to experts of the KuCoin exchange, by the end of this year, the share of crypto-currency investors in Germany will increase significantly.