A overwhelming majority of Latin American cryptocurrency customers—95%—plan to increase their holdings in 2025, based on a Binance Analysis survey of greater than 10,000 buyers in Argentina, Brazil, Colombia, and Mexico.
The findings present that 40.1% of respondents expect to purchase extra crypto throughout the subsequent three months, 15.3% are trying to take action within the subsequent six months, and 39.7% inside 12 months. Solely 4.9% don’t have any plans to maintain on investing this yr.
Latin America led the world in crypto adoption in 2024, rising by 116%, based on analysis from funds agency Triple-A quoted within the report. The area now has 55 million cryptocurrency customers, making up practically 10% of whole cryptocurrency customers.
This fast growth has been fueled by rising asset costs, regulatory developments, and new monetary merchandise like spot bitcoin exchange-traded funds (ETFs). Brazil has simply final week grow to be the primary nation to approve a spot XRP ETF.
Market efficiency has additionally bolstered investor confidence. “Latin America is a quickly increasing area for the crypto sector, and the outcomes of this analysis reinforce what we’ve got noticed in our operations,” Binance’s regional VP for Latin America, Guilherme Nazar, mentioned.
Binance’s analysis exhibits that half of these inquired already use cryptocurrencies for over a yr, with most getting into the house anticipating vital returns and looking for monetary freedom.
Portfolio diversification, privateness, and defending their cash had been additionally quoted as motives to put money into the house.
Learn extra: How a $115M Crypto Fund With Huge Ambitions Plans to Make investments In Latin America
