95% of Latin American Crypto Users Aim to Expand Holdings in 2025
A Binance Research survey indicates that 95% of Latin American cryptocurrency users plan to expand their holdings in 2025. Key findings include:
- 40.1% will buy more crypto in the next three months
- 15.3% in the next six months
- 39.7% within 12 months
- 4.9% have no investment plans for this year
Latin America saw a 116% increase in crypto adoption in 2024, with 55 million users, representing nearly 10% of global users. This growth is attributed to:
- Rising asset prices
- Regulatory advancements
- New financial products like spot bitcoin ETFs
Brazil recently approved a spot XRP ETF. The market performance has strengthened investor confidence, as noted by Binance's regional VP, Guilherme Nazar. Half of respondents have been using cryptocurrencies for over a year, primarily seeking significant returns and financial freedom. Other motives for investing include portfolio diversification, privacy, and money protection.