An employment platform’s survey has described that 3 out of 10 professionals in South Korea are cryptocurrency investors.
According to a survey published on Wednesday by Seoul-based online employment platform Saramin, 31.3% of 931 professionals were surveyed and declared to be invested in cryptocurrencies, with an average investment of ₩5.56 million (approx. $5,170) per individual.
“It seemed to be the fastest way to make money,” was the explanation that saw a majority consensus of 54.2%, when asked for the reason behind their investment. A further 48% got investing “with a small amount of money” to test the waters. Of the investors, 80.3%
At least 1 in 10 individuals (12.9%) mentioned their investment of over ₩10 million, or $9,300. The result of the investment revealed by the Korea Times mentioned the interest among daily basis that investors in adopting cryptocurrencies such as bitcoin. Out of those people, 18.3% said they invested between ₩1 million- ₩ 2 million while 44% had poured in less than ₩1 million into cryptocurrency investments.
Out of them, most of the investors said:
“It seemed to be the fastest way to make money.”
Few other investors said:
“Invested with a small amount of money.”
South Korea is known as world’s largest cryptocurrency trading markets, counting an estimated 20% of the world’s daily traded bitcoin. Korean investors are also pushing prices of the other mainstream cryptocurrencies such as Monero and Ripple in these days.