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Charts: Cryptocurrency Tendencies in Ecommerce


U.S.-based Software program Recommendation affords suggestions and analysis on enterprise apps in roughly 300 market classes, together with medical, buyer administration, human sources, building, and advertising automation.

Software program Recommendation’s newest survey, “Cryptocurrency in Ecommerce,” was performed in Could 2022 amongst 596 U.S. shoppers who’ve used crypto as a type of fee when purchasing on-line.

In response to Pew Analysis, simply 16% of U.S. shoppers have used crypto as of November 2021. The Software program Recommendation survey targeted on these customers.

All respondents had used cryptocurrency to make on-line purchases a minimum of month-to-month from June 2021 by way of Could 2022. Amongst respondents who plan to extend their on-line retail spending utilizing crypto, 62% had been between 18 and 35.

In response to the survey, 56% of retail crypto transactions from June 2021 by way of Could 2022 had been between $100 to $500.

A lot of the respondents used cryptocurrency for purchasing, not investing.

Regardless of the passion of customers, most U.S. shoppers stay skeptical. In response to Bloomberg’s “MLIV Pulse” survey on July 5 – 8, 2022, retail traders are extra skeptical of cryptocurrencies than institutional consumers.

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