Ina Opperman
Business Journalist
5 minute read
17 Sep 2021
4:26 pm

Cryptocurrency becoming mainstream, but investors are still wary

Ina Opperman

New research shows that South Africans are quite keen on cryptocurrencies, despite many not fully understanding how it all works.

Image: iStock

Crypto currency is becoming mainstream, but investors are still wary of investing all they have into the digital currency according to new research on the behaviour and attitudes towards crypto currency. Investment numbers are high, but the value of these investments is low. Luno, a global crypto currency exchange, estimates that 15% of South Africans own cryptocurrency, the second-highest percentage in the world.  Everyone is talking about cryptocurrency and it is often a topic of discussion when people get together. There will often be a story about someone who made it big in cryptocurrency, but people are also very wary...