The survey shows that the Australian cryptocurrency portfolio has grown by an average of 258% in the 20-21 fiscal year

According to exchange data compiled by Statista, the average portfolio size of the Australian cryptocurrency exchange BTC Markets increased from US$577.65 (A$795.5) to US$2,069.16 (A$2849.5) in fiscal 2021, indicating a 258.2% increase in portfolio holdings . recent BTC market research.

Data on Polls It shows that the average portfolio size of female and male investors in BTC Markets during the 20-21 fiscal year was US$1,924.30 (A$2,650) and US$2,214.03 (A$3,049). However, in 2020, the average portfolio size of Australian female investors is slightly higher than that of male investors.

The transaction data of the exchange also shows the pattern of growth in investment demand with aging.considering data According to the average initial investment in Australia provided by BTC Market, investors over the age of 65 invested approximately US$3,158.03, the highest of all demographics.

With the gradual decrease of various age groups, the youngest cryptocurrency traders ranging in age from 18 to 24 years old tend to make relatively small investments, averaging US$792.96. Although older Australian cryptocurrency investors surpassed the new generation in terms of initial investment, the young population showed relatively more activity in daily transactions.

related: 17% of Australians now own cryptocurrency, and the total between them is $8B: survey

Financial comparison website Finder’s September report resonates with the above survey results show One in six Australians owns cryptocurrency, with a total investment of 8 billion U.S. dollars. The report shows that, like many other users in advanced industrialized countries, Australians are increasingly viewing cryptocurrencies as a new asset class.

According to Cointelegraph’s report on this matter, Bitcoin (Bitcoin) Is the most popular cryptocurrency in the Australian crypto market, held by 9% of investors. Other popular investments include ether (Ethereum), Dogecoin (dog) And Bitcoin Cash (Bitcoin cash). The report shows that despite the growth in cryptocurrency investment, a major obstacle for Australians to enter is the difficulty in understanding cryptocurrencies and the risks associated with volatility.