Bank of America Survey Shows Consumers Aren’t Done With Crypto Yet

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.BankofAmerica survey shows consumers aren't done with digital assets, despite the sharp correction in crypto valuations. By willcanny99

Will Canny is CoinDesk's finance reporter.

The bank recently conducted a survey of a thousand existing and potential users of cryptocurrency and digital-asset exchanges, and found that 91% of respondents intended to buy crypto in the next six months, which was the same percentage as those who said they had bought in the last six months. Average transaction sizes varied, with buys tending to be larger than sales, and the most common transaction size is under $25, the bank said. Paypal and Coinbase were the platforms most frequently used – at 53% and 46%, respectively – it added.

 

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