Abra in partnership with Real Vision has embarked on an extensive survey to ascertain public sentiment on the crypto market. The survey has reached several thousand investors within the collective Abra & Real Vision crypto community. The research was conducted across nine days from June 21-29 and conveys insights on investor behavior and habits. Data collected from respondents covers the following focus areas: crypto youth adoption, borrowing behavior, investor habits and commonly held crypto assets. Below we reveal the key takeaways from the survey results.
Top Three Survey Findings
- Trust and Security –Abra and Real Vision communities rank trust and security as the single most important factor when choosing a cryptocurrency service provider. Regardless of the market environment, Abra has implemented robust risk management processes to protect client assets.
- HODL & Increase Market Positions —Over three-quarters of survey respondents indicate they would either hold or grow their crypto positions during a downturn, but less than a quarter have ever borrowed against their crypto holdings (https://www.abra.com/borrow/).
- Demand for DeFi Learning –Furthermore, a majority of those surveyed expressed a desire to learn more about decentralized finance (DeFi), which represents a fundamental advancement in financial markets through blockchain technology. Please stay tuned for details on our upcoming DEFI101 webinar. https://www.crowdcast.io/e/AbraDeFi101/register
About Real Vision:
Real Vision is a disruptive global financial media platform and online community, best known for its Real Vision membership and Real Vision Crypto — a free digital assets video channel. Real Vision doesn’t have a single editorial view. We bring on the most diverse set of minds on all topics filtered through the lens of markets. The company’s mission is to democratize access to financial intelligence and to help members understand the complex world of finance, business, and the global economy. Founded in 2014, the platform now has more than 300,000 members in over 100 countries around the world.
About Abra
Established in 2014, Abra is on a mission to create a simple and honest platform that enables millions of cryptocurrency holders to maximize the potential of their assets. Abra enables both individuals and businesses to safely and securely buy, trade, and borrow against cryptocurrencies – all in one place. Abra’s vision is an open, global financial system that is easily accessible to everyone.
Why Abra
Based in the United States, Abra is available in over 150 countries and makes it easy to convert between crypto and a wide variety of local fiat currencies. With over 2MM customers, $7B in transactions processed, and $1.5B in assets under management, Abra continues to grow rapidly. Abra is widely loved and trusted – in April 2022, pymnts.com reviewed and rated Abra amongst the top 5 most popular crypto wallets in the market. Abra is backed by top-tier investors such as American Express Ventures and First Round Capital.
How Abra Protects Your Funds
Abra places clients’ financial objectives and security first. Abra practices a culture of risk management across all levels and functions within the organization.
Abra employs a state-of-the-art enterprise risk management framework that comprises a comprehensive set of policies, procedures, and practices detailing all applicable risk-related objectives and constraints for the entirety of the business. Abra has instituted a complete set of requisite systems and controls that continuously enforce these policies, procedures, and practices to manage all operations, including credit and lending. Abra’s independent Risk Committee comprises experienced compliance, risk, securities, and fraud operations professionals with backgrounds in industries ranging from traditional and digital assets banking, payments, remittance, to fintech.
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