New Survey: 80% of crypto users say this is key to building trust
A new survey by Ramp Network, a crypto on-ramp provider, has once again confirmed that security and transparency concerns are the chief obstacles to mainstream cryptocurrency adoption. The survey, conducted directly on Ramp’s user base (particularly first-time buyers), saw 46.8% of respondents cite security as their biggest worry, while 80% admitted that robust fraud protection would make them feel more comfortable taking the first step. Security concerns among crypto newcomers As per the survey, crypto scams, phishing attacks, and the potential for monetary loss are among the primary problems new crypto traders face. On the other hand, 69.7% of intermediate and advanced users on the platform claimed their primary concerns were, for example, user-friendly interfaces. This suggests that security and transparency are issues that need to be solved before, not after onboarding. In the words of one of the respondents: “The thing about...