Almost 7% of Spain's adults have invested in crypto, while most of those are educated and well-paid individuals.
Almost 7% of Spain’s adults have invested in crypto, while most of those are educated and well-paid individuals.
Still, the Iberian nation is far behind other countries in terms of cryptocurrency adoption. A few months ago, a Gemini survey determined that Brazil and Indonesia rank as the global leaders.1,500 adults in Spain to find out what chunk of them have allocated some of their funds to the digital asset market. Per the results, 6.8% have already bought bitcoin or altcoins, while the percentage varies among different demographic groups.
Touching upon education, 43.3% of the crypto investors have university diplomas, while 28% lack that level of scholarship.Similar to other countries, most HODLers receive solid salaries and have stable jobs. The CNMV found out that 41% of those with paychecks over 3,000 euro have entered crypto’s ecosystem, while 10.7% of the Spanish earning less than 1,000 euro have allocated some funds in the market.
Digital assets are considered a legal form of investment in Spain. At the same time, capital gains from the sale of cryptocurrencies are taxed in a range of 19% to 23% .carried out by the trading venue Gemini, 41% of the polled individuals from those nations are HODLers.
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