Survey: One-quarter of South Korea's population holds cryptocurrency, and more than half of investors seek short-term gains

ChainCatcher news, according to Cryptonews, a survey by Hashed Open Research shows that 25% of the South Korean population currently holds cryptocurrency. The survey targeted 2,000 South Korean residents aged 20-69, with the highest participation rate in the 30-39 age group, reaching 54%.

The data indicates that 3.6% of respondents hold crypto assets worth over 100 million won (approximately $68,900), while 25% of respondents hold amounts between $689 and $3,443. 57% of cryptocurrency investors reported using their salaries for investment, and more than half of the investors stated that they chose cryptocurrency because "it can provide higher returns in the short term compared to other assets."

Notably, about a quarter of cryptocurrency holders use overseas exchanges or decentralized exchanges (DEX), with more than half storing over 20% of their assets on these platforms. The survey also revealed that 11% of respondents who have never invested in cryptocurrency expressed an intention to invest in the future.