U.S.-based Software program Recommendation presents suggestions and analysis on enterprise apps in roughly 300 market classes, together with medical, buyer administration, human assets, development, and advertising and marketing 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 fee when purchasing on-line.
In accordance with 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 least month-to-month from June 2021 by way of Might 2022. Amongst respondents who plan to extend their on-line retail spending utilizing crypto, 62% had been between 18 and 35.
In accordance with the survey, 56% of retail crypto transactions from June 2021 by way of Might 2022 had been between $100 to $500.
Many of the respondents used cryptocurrency for purchasing, not investing.
Regardless of the passion of customers, most U.S. customers stay skeptical. In accordance with Bloomberg’s “MLIV Pulse” survey on July 5 – 8, 2022, retail buyers are extra skeptical of cryptocurrencies than institutional consumers.