43% of ‘Clueless’ Millennials Trust Crypto Exchanges Over Stock Market: Survey

2019-2-21 20:56

Almost half of millennial bitcoin traders in the US trust crypto exchanges more than the traditional stock market, according to a survey by cryptocurrency trading platform eToro. A nationwide survey of 1,000 online traders indicates that 43% of millennials trust crypto exchanges more than the US stock exchanges.

In contrast, a whopping 77% of Generation X traders who participated in the survey trust stock exchanges more. Crypto’s Generational Divide Guy Hirsch, the managing director of eToro US, says the research spotlights the schism between the younger generation’s embrace of crypto versus the skepticism of their older cohorts. “We’re seeing the beginning of

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