A modern Bitget survey study revealed that the cryptocurrency is transmitted from the investment portfolios to spending in the real world quickly.
The vast majority of European encryption users are ready to finance their holidays using digital assets.
Bitget Study, which included more than 3000 European users, sheds light on the travel drivers behind the encryption travel. Apparently, use 85.32 % of the respondents encryption to book travel or actively think. Interestingly, the highest intended uses of encryption now include daily expenses, accommodation and transportation. This reflects an increasing comfort with the use of encryption through the travel life cycle.
Commenting on the results, Grace Chen, CEO of Bitget, said, “Curd users only look to the contract of digital assets; they are actively looking for practical applications, especially for a global thing like travel.
Source: Peter Survey
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Stablecoins leads as the preferred payment asset for European travelers
The report revealed that Stablecoins performs as a preferred payment origin, followed by Bitcoin. However, some barriers such as limited acceptance by travel providers are proven. 91 % still believe that payment for holidays with encryption will become easier in the next few years.
So, what are the main motives for using encryption while traveling? One can avoid foreign exchange fees, experience the fastest transactions while privacy remains and its identity remains intact. The study said: “Besides financial competence, the desire for privacy and not to disclose its identity also appears as an important factor (42.96 %). This feeling is particularly strong in certain regions, with 44 % of the Germans and 51 % of the Polish respondents prefer this specifically, in the first place, where the monitoring is specifically showed, where Antarate appears primarily as a patient in the innovative sequence. Adoption in their travel habits.
Let’s talk about the preferences of generations. Genz gives low low graphics, while Genx focuses more on loyalty programs and the ability to pay in remote areas.
“In Bitget, we are committed to building tools and ecosystem that records the gap between digital assets and interest in the real world, which makes daily activities such as travel easier, effective and safe for everyone,” Chen added.
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Main meals
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Confidence in a strong Crypto travel benefit: 91 % of users surveyed believe that payment with Crypto for holidays will become easier in the coming years.
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Apparently, use 85.32 % of the respondents encryption to book travel or actively think. Interestingly, the highest intended uses of encryption now include daily expenses, accommodation and transportation.
Beatget Survey: 85 % is ready to spend Crypto on holidays first appeared on 99bitcoins.