Krypto-Großmütter und Krypto-Großväter erschienen in Südkorea

To most of us, cryptocurrencies seem to be a lot of "zoomers" and quite a bit of "boomers". However, the South Koreans do not seem to think so. It is in this country, in addition to the "cryptoms" that we have already mentioned, that grandparents begin to appear, actively investing in cryptocurrencies.

South Korean "crypto fever" is in full swing and demographic statistics presented by the four largest cryptocurrency exchanges in this country puzzled even seasoned enthusiasts. From January to March of this year, the age of six out of ten new clients of crypto exchanges was in the range from 20 to 39 years. At the same time, the age of more than 30% of stock exchange investors over the same period is from 20 to 29 years.

But what really surprised analysts is more than 6,000 registered clients over 70 years old. These crypto investors, moreover, turned out to be quite active participants in trading, carrying out a total of more than 773,000 transactions from January to March 2021. In total, more than 13,000 clients over 70 have conducted 2.7 million financial transactions with digital currencies through the crypto exchanges Coinone, Upbit, Korbit and Bithumb.

It is clear that the number of clients of 13,000 for the giants of the market is almost a drop in the ocean, but where else, besides South Korea, will you find crypto-grandmothers and crypto-grandfathers today?

South Korean retirees themselves disagree about the value of cryptocurrencies. But the overwhelming majority still believe that the older a person gets, the less likely it is for him to take risks. Especially in everything related to money. Pensioners believe that the funds to invest in 70 years old are mainly from former statesmen and people once associated with the technology sector, who can afford large investments.

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