Study: Japanese investors prefer XRP over Ethereum

by in Cryptocurrency News

Xrp ethereum Japan

XRP became the second most popular crypto coin among Japanese investors, almost catching up with BTC. This is evidenced by a study of the local BitMax exchange.

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The trading platform polled 1,498 customers. The favorite cryptocurrency of 26% of respondents is Bitcoin, while Ripple was preferred by 25%.

Ethereum, almost three times faster than XRP in market capitalization, was less popular. It was chosen by 9% of traders.

Investor preferences are confirmed by an earlier study of the self-regulatory organization Japan Virtual Currency Exchange Association (JVCEA). According to its results, bitcoin and Ripple became the most popular assets in terms of the volume of invested fiat funds.