Survey Shows Cryptocurrency Investors See Security as the Most Important Element When Choosing an Exchange

Jun 29, 2018

A survey that showed 5 cryptocurrency investors out of 10 cryptocurrency investors looked at security first when choosing a cryptocurrency exchange has come out.
According to a survey done by a cryptocurrency exchange called Huobi Korea on 500 investors, 49% of respondents responded to a survey by saying that security is the most important element when choosing an exchange. 22.8% and 10% of respondents saw amount of transactions (liquidity) and convenience as the most important factors.

Survey Shows Cryptocurrency Investors See Security as the Most Important Element When Choosing an Exchange

It was shown through a survey that most of investors are currently using multiple cryptocurrency exchanges. 77.4%, 55.1%, and 49.9% of respondents are currently using Upbit, Huobi Korea, and Bithumb respectively. 26.1% of respondents are currently investing between $8,900 and $26,700 (10 million KRW and 30 million KRW) while 21.6% and 14.6% of respondents are currently investing $2,670 and $8,900 (3 million KRW and 10 million KRW) and between $44,500 and $89,000 (50 million KRW and 100 million KRW) respectively.
Staff Reporter Gil, Jaeshik | osolgil@etnews.com

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