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Saturday, June 21, 2025

BitPay Survey: US Millennials Want To Pay With Cryptocurrency

More than half of the respondents who own digital coins would prefer to shop from merchants who accept crypto assets as a means of payment.

About 92% of American millennials who currently own or have owned cryptocurrency in the past want to use digital coins to pay for purchases in their daily lives.

This became known from a survey conducted by the BitPay payment system and the news aggregator PYMNTS.com. More than 8 thousand adult respondents from the United States took part in the survey.

According to the survey, 16% of millennials currently own cryptocurrency or have owned it in the past. 92% of those surveyed who have never owned digital coins explained that the main limiting factor for buying cryptocurrency was a lack of knowledge in this area.

51% of millennials who own digital assets will choose to shop from merchants who accept cryptocurrency as payment.

A similar survey was conducted by the Kraken crypto exchange in Australia. Its results showed that almost 40% of the country’s residents, born between 1980 and 1990, found it more profitable to buy cryptocurrency than invest in real estate.

22% of Australian millennials believe that investing in cryptocurrency is a more efficient way to raise capital than keeping funds in a bank.

In April, the Gemini crypto exchange presented the results of its own survey , according to which the number of crypto investors in the United States could double by the end of 2021.

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