U.S.-based Software program Recommendation presents suggestions and analysis on enterprise apps in roughly 300 market classes, together with medical, buyer administration, human sources, development, and advertising automation.
Software program Recommendation’s newest survey, “Cryptocurrency in Ecommerce,” was performed in Might 2022 amongst 596 U.S. customers who’ve used crypto as a type of cost when purchasing on-line.
Based on Pew Analysis, simply 16% of U.S. customers 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 at the very least month-to-month from June 2021 by Might 2022. Amongst respondents who plan to extend their on-line retail spending utilizing crypto, 62% had been between 18 and 35.
Based on the survey, 56% of retail crypto transactions from June 2021 by Might 2022 had been between $100 to $500.
Many of the respondents used cryptocurrency for purchasing, not investing.
Regardless of the keenness of customers, most U.S. customers stay skeptical. Based on Bloomberg’s “MLIV Pulse” survey on July 5 – 8, 2022, retail buyers are extra skeptical of cryptocurrencies than institutional consumers.