{"id":31952,"date":"2020-11-18T13:19:13","date_gmt":"2020-11-18T11:19:13","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=31952"},"modified":"2025-08-28T06:17:07","modified_gmt":"2025-08-28T03:17:07","slug":"bitcoin-and-other-cryptocurrencies-in-our-lives-forklog-survey-results","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/bitcoin-and-other-cryptocurrencies-in-our-lives-forklog-survey-results\/","title":{"rendered":"Bitcoin and Other Cryptocurrencies in Our Lives: ForkLog Survey Results"},"content":{"rendered":"<p>In 2020, ForkLog&#8217;s annual survey \u201cBitcoin and Other Cryptocurrencies in Our Lives\u201d drew 1,815 participants from Russia, Ukraine, Belarus, the United States, and countries across Asia and Europe.<\/p>\n<div class=\"review_top_blk\">\n<h2>Key Takeaways<\/h2>\n<ul>\n<li>94.6% of ForkLog&#8217;s audience are men.<\/li>\n<li>Bitcoin and Ethereum remain the most popular cryptocurrencies.<\/li>\n<li>In 2020, 72.3% of respondents reported a return on their investment portfolios.<\/li>\n<li>Survey participants prefer trading on the Binance exchange and generally trust centralized trading platforms.<\/li>\n<li>Half of respondents use a VPN.<\/li>\n<li>Uniswap is one of the most-used DeFi services.<\/li>\n<\/ul>\n<\/div>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/Group-13843.png\" alt=\"Bitcoin and Other Cryptocurrencies in Our Lives: ForkLog Survey Results\" width=\"2402\" height=\"728\"><\/p>\n<div class=\"review_single_blk qb1\">\n<h2>Portrait of ForkLog Readers<\/h2>\n<p>The majority of ForkLog readers are between 26 and 35 years old, and they are predominantly men.<\/p>\n<p>About 91.7% of our audience lives in Russia and nearby regions. The top five site visitors include residents of Russia, Ukraine, Belarus, Kazakhstan and Poland.<\/p>\n<div class=\"qc_equal_height\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-116767\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/Mask-Group-9.png\" alt=\"Bitcoin and Other Cryptocurrencies in Our Lives: ForkLog Survey Results\" width=\"606\" height=\"448\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/Mask-Group-9.png 606w, https:\/\/u1f987.com\/wp-content\/uploads\/Mask-Group-9-300x222.png 300w\" sizes=\"auto, (max-width: 606px) 100vw, 606px\" \/><br \/>\n<img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-116768\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/Mask-Group-10.png\" alt=\"Bitcoin and Other Cryptocurrencies in Our Lives: ForkLog Survey Results\" width=\"666\" height=\"448\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/Mask-Group-10.png 666w, https:\/\/u1f987.com\/wp-content\/uploads\/Mask-Group-10-300x202.png 300w\" sizes=\"auto, (max-width: 666px) 100vw, 666px\" \/><br \/>\n<img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-116769\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/Mask-Group-11.png\" alt=\"Bitcoin and Other Cryptocurrencies in Our Lives: ForkLog Survey Results\" width=\"912\" height=\"448\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/Mask-Group-11.png 912w, https:\/\/u1f987.com\/wp-content\/uploads\/Mask-Group-11-300x147.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/Mask-Group-11-768x377.png 768w\" sizes=\"auto, (max-width: 912px) 100vw, 912px\" \/><\/div>\n<\/div>\n<div class=\"review_single_blk\">\n<p>Forty-five percent of respondents report a middle income level, 30.7% low, 19.1% above average, and 5.2% high. A third can afford occasional trips abroad. A slightly smaller percentage did not travel outside their home country.<\/p>\n<div class=\"qc_equal_height\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-116773\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/Mask-Group-12.png\" alt=\"Bitcoin and Other Cryptocurrencies in Our Lives: ForkLog Survey Results\" width=\"702\" height=\"448\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/Mask-Group-12.png 702w, https:\/\/u1f987.com\/wp-content\/uploads\/Mask-Group-12-300x191.png 300w\" sizes=\"auto, (max-width: 702px) 100vw, 702px\" \/><br \/>\n<img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-116968\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/Mask.png\" alt=\"Bitcoin and Other Cryptocurrencies in Our Lives: ForkLog Survey Results\" width=\"812\" height=\"448\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/Mask.png 812w, https:\/\/u1f987.com\/wp-content\/uploads\/Mask-300x166.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/Mask-768x424.png 768w\" sizes=\"auto, (max-width: 812px) 100vw, 812px\" \/><\/div>\n<\/div>\n<div class=\"review_single_blk\">\n<p>One in three respondents owns their own business. 28.9% of respondents are directly connected with the blockchain and cryptocurrency sector.<\/p>\n<p>7.6% learned about cryptocurrencies in the early years of their existence. But the majority learned about them during the Bitcoin boom of 2016\u20132017.<\/p>\n<div class=\"qc_equal_height sb\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-116778\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/Mask-Group-14.png\" alt=\"Bitcoin and Other Cryptocurrencies in Our Lives: ForkLog Survey Results\" width=\"718\" height=\"448\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/Mask-Group-14.png 718w, https:\/\/u1f987.com\/wp-content\/uploads\/Mask-Group-14-300x187.png 300w\" sizes=\"auto, (max-width: 718px) 100vw, 718px\" \/><br \/>\n<img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-116779\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/Mask-Group-15.png\" alt=\"Bitcoin and Other Cryptocurrencies in Our Lives: ForkLog Survey Results\" width=\"450\" height=\"448\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/Mask-Group-15.png 450w, https:\/\/u1f987.com\/wp-content\/uploads\/Mask-Group-15-300x300.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/Mask-Group-15-150x150.png 150w\" sizes=\"auto, (max-width: 450px) 100vw, 450px\" \/><br \/>\n<img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-116780\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/Mask-Group-16.png\" alt=\"Bitcoin and Other Cryptocurrencies in Our Lives: ForkLog Survey Results\" width=\"884\" height=\"448\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/Mask-Group-16.png 884w, https:\/\/u1f987.com\/wp-content\/uploads\/Mask-Group-16-300x152.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/Mask-Group-16-768x389.png 768w\" sizes=\"auto, (max-width: 884px) 100vw, 884px\" \/><\/div>\n<\/div>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/Group-2683.png\" alt=\"Bitcoin and Other Cryptocurrencies in Our Lives: ForkLog Survey Results\" width=\"2400\" height=\"560\"><\/p>\n<div class=\"review_single_blk qb1\">\n<h2>Crypto Portfolio<\/h2>\n<p>Cryptocurrencies are held by the vast majority of respondents. Almost half of them bought digital assets during 2016\u20132017.<\/p>\n<div class=\"qc_equal_height\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-116785\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/Mask-Group-17.png\" alt=\"Bitcoin and Other Cryptocurrencies in Our Lives: ForkLog Survey Results\" width=\"856\" height=\"448\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/Mask-Group-17.png 856w, https:\/\/u1f987.com\/wp-content\/uploads\/Mask-Group-17-300x157.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/Mask-Group-17-768x402.png 768w\" sizes=\"auto, (max-width: 856px) 100vw, 856px\" \/><br \/>\n<img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-116786\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/Mask-Group-18.png\" alt=\"Bitcoin and Other Cryptocurrencies in Our Lives: ForkLog Survey Results\" width=\"768\" height=\"448\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/Mask-Group-18.png 768w, https:\/\/u1f987.com\/wp-content\/uploads\/Mask-Group-18-300x175.png 300w\" sizes=\"auto, (max-width: 768px) 100vw, 768px\" \/><\/div>\n<\/div>\n<div class=\"review_single_blk\">\n<p>Fifty-seven percent plan to expand their investment portfolios, and one in ten is considering creating one. 72.3% of investors earned a return on cryptocurrency investments in 2020.<\/p>\n<div class=\"qc_equal_height\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-116788\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/Mask-Group-19.png\" alt=\"Bitcoin and Other Cryptocurrencies in Our Lives: ForkLog Survey Results\" width=\"870\" height=\"448\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/Mask-Group-19.png 870w, https:\/\/u1f987.com\/wp-content\/uploads\/Mask-Group-19-300x154.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/Mask-Group-19-768x395.png 768w\" sizes=\"auto, (max-width: 870px) 100vw, 870px\" \/><br \/>\n<img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-116792\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/Mask-Group-21.png\" alt=\"Bitcoin and Other Cryptocurrencies in Our Lives: ForkLog Survey Results\" width=\"848\" height=\"448\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/Mask-Group-21.png 848w, https:\/\/u1f987.com\/wp-content\/uploads\/Mask-Group-21-300x158.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/Mask-Group-21-768x406.png 768w\" sizes=\"auto, (max-width: 848px) 100vw, 848px\" \/><\/div>\n<\/div>\n<div class=\"reviews_has_halves stretch\">\n<div class=\"review_half\">\n<div class=\"review_single_blk\">\n<p>Bitcoin and Ethereum remain the leaders in popularity. DeFi tokens are gaining popularity.<\/p>\n<div id=\"attachment_116794\" style=\"width: 1100px\" class=\"wp-caption alignleft\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-116794\" class=\"size-full wp-image-116794\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/Group-2730.png\" alt=\"Bitcoin and Other Cryptocurrencies in Our Lives: ForkLog Survey Results\" width=\"1090\" height=\"514\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/Group-2730.png 1090w, https:\/\/u1f987.com\/wp-content\/uploads\/Group-2730-300x141.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/Group-2730-1024x483.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/Group-2730-768x362.png 768w\" sizes=\"auto, (max-width: 1090px) 100vw, 1090px\" \/><\/p>\n<p id=\"caption-attachment-116794\" class=\"wp-caption-text\">Which cryptocurrencies do you hold?<\/p>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"review_half\">\n<div class=\"review_single_blk\">\n<p>Respondents are interested in long-term investing and earning from trading.<\/p>\n<div id=\"attachment_116795\" style=\"width: 1112px\" class=\"wp-caption alignleft\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-116795\" class=\"size-full wp-image-116795\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/image-18.png\" alt=\"Bitcoin and Other Cryptocurrencies in Our Lives: ForkLog Survey Results\" width=\"1102\" height=\"372\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/image-18.png 1102w, https:\/\/u1f987.com\/wp-content\/uploads\/image-18-300x101.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/image-18-1024x346.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/image-18-768x259.png 768w\" sizes=\"auto, (max-width: 1102px) 100vw, 1102px\" \/><\/p>\n<p id=\"caption-attachment-116795\" class=\"wp-caption-text\">For what purposes do you use cryptocurrencies?<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/Mask-Group-22.png\" alt=\"Bitcoin and Other Cryptocurrencies in Our Lives: ForkLog Survey Results\" width=\"2398\" height=\"656\"><\/p>\n<div class=\"review_single_blk qb1\">\n<h2>Anonymity and the Darknet<\/h2>\n<p>For 60.1% of respondents, digital assets provide a means to exercise the right to financial privacy. However, the use of anonymous cryptocurrencies is not fundamental to them.<\/p>\n<p>The situation with mixing services is similar.<\/p>\n<div class=\"qc_equal_height sb\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-116802\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/Mask-Group-23.png\" alt=\"Bitcoin and Other Cryptocurrencies in Our Lives: ForkLog Survey Results\" width=\"802\" height=\"448\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/Mask-Group-23.png 802w, https:\/\/u1f987.com\/wp-content\/uploads\/Mask-Group-23-300x168.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/Mask-Group-23-768x429.png 768w\" sizes=\"auto, (max-width: 802px) 100vw, 802px\" \/><br \/>\n<img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-116803\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/Mask-Group-24.png\" alt=\"Bitcoin and Other Cryptocurrencies in Our Lives: ForkLog Survey Results\" width=\"452\" height=\"448\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/Mask-Group-24.png 452w, https:\/\/u1f987.com\/wp-content\/uploads\/Mask-Group-24-300x297.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/Mask-Group-24-150x150.png 150w\" sizes=\"auto, (max-width: 452px) 100vw, 452px\" \/><br \/>\n<img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-116966\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/Group-2.png\" alt=\"Bitcoin and Other Cryptocurrencies in Our Lives: ForkLog Survey Results\" width=\"736\" height=\"448\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/Group-2.png 736w, https:\/\/u1f987.com\/wp-content\/uploads\/Group-2-300x183.png 300w\" sizes=\"auto, (max-width: 736px) 100vw, 736px\" \/><\/div>\n<\/div>\n<div class=\"review_single_blk\">\n<p>Half of the respondents \u2014 51.7% \u2014 use VPNs. They prefer free services.<\/p>\n<p>The Tor browser and the darknet are not particularly popular among respondents.<\/p>\n<div class=\"qc_equal_height\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-116808\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/Mask-Group-26.png\" alt=\"Bitcoin and Other Cryptocurrencies in Our Lives: ForkLog Survey Results\" width=\"448\" height=\"448\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/Mask-Group-26.png 448w, https:\/\/u1f987.com\/wp-content\/uploads\/Mask-Group-26-300x300.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/Mask-Group-26-150x150.png 150w\" sizes=\"auto, (max-width: 448px) 100vw, 448px\" \/><br \/>\n<img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-116809\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/Mask-Group-27.png\" alt=\"Bitcoin and Other Cryptocurrencies in Our Lives: ForkLog Survey Results\" width=\"448\" height=\"448\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/Mask-Group-27.png 448w, https:\/\/u1f987.com\/wp-content\/uploads\/Mask-Group-27-300x300.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/Mask-Group-27-150x150.png 150w\" sizes=\"auto, (max-width: 448px) 100vw, 448px\" \/><\/div>\n<\/div>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/Group-13845.png\" alt=\"Bitcoin and Other Cryptocurrencies in Our Lives: ForkLog Survey Results\" width=\"2400\" height=\"479\"><\/p>\n<div class=\"review_single_blk qb1\">\n<h2>Mining and Staking<\/h2>\n<p>Nearly half of respondents have mined cryptocurrencies. Eight point three percent own a business in the field.<\/p>\n<p>One in three has earned income from staking, using wallets and centralized exchanges for this purpose.<\/p>\n<div class=\"qc_equal_height sb\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-116813\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/Mask-Group-28.png\" alt=\"Bitcoin and Other Cryptocurrencies in Our Lives: ForkLog Survey Results\" width=\"642\" height=\"448\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/Mask-Group-28.png 642w, https:\/\/u1f987.com\/wp-content\/uploads\/Mask-Group-28-300x209.png 300w\" sizes=\"auto, (max-width: 642px) 100vw, 642px\" \/><br \/>\n<img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-116973\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/staking.png\" alt=\"Bitcoin and Other Cryptocurrencies in Our Lives: ForkLog Survey Results\" width=\"642\" height=\"448\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/staking.png 642w, https:\/\/u1f987.com\/wp-content\/uploads\/staking-300x209.png 300w\" sizes=\"auto, (max-width: 642px) 100vw, 642px\" \/><br \/>\n<img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-116975\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/Mask-Group-30.png\" alt=\"Bitcoin and Other Cryptocurrencies in Our Lives: ForkLog Survey Results\" width=\"820\" height=\"448\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/Mask-Group-30.png 820w, https:\/\/u1f987.com\/wp-content\/uploads\/Mask-Group-30-300x164.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/Mask-Group-30-768x420.png 768w\" sizes=\"auto, (max-width: 820px) 100vw, 820px\" \/><\/div>\n<\/div>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/Group-13847.png\" alt=\"Bitcoin and Other Cryptocurrencies in Our Lives: ForkLog Survey Results\" width=\"2402\" height=\"566\"><\/p>\n<div class=\"review_single_blk qb1\">\n<h2>DeFi<\/h2>\n<p>Exactly a quarter of respondents invested in the DeFi sector. 59.4% abstained from investing due to a lack of knowledge about the technology and distrust of projects.<\/p>\n<p>The most in-demand were DeFi tokens and yield farming.<\/p>\n<p>Uniswap became one of the most-used DeFi services.<\/p>\n<div class=\"qc_equal_height sb ah\">\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-116822\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/Mask-Group-31.png\" alt=\"Bitcoin and Other Cryptocurrencies in Our Lives: ForkLog Survey Results\" width=\"668\" height=\"448\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/Mask-Group-31.png 668w, https:\/\/u1f987.com\/wp-content\/uploads\/Mask-Group-31-300x201.png 300w\" sizes=\"auto, (max-width: 668px) 100vw, 668px\" \/><\/p>\n<div id=\"attachment_116823\" style=\"width: 814px\" class=\"wp-caption alignleft\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-116823\" class=\"size-full wp-image-116823\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/Group-2731.png\" alt=\"Bitcoin and Other Cryptocurrencies in Our Lives: ForkLog Survey Results\" width=\"804\" height=\"272\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/Group-2731.png 804w, https:\/\/u1f987.com\/wp-content\/uploads\/Group-2731-300x101.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/Group-2731-768x260.png 768w\" sizes=\"auto, (max-width: 804px) 100vw, 804px\" \/><\/p>\n<p id=\"caption-attachment-116823\" class=\"wp-caption-text\">How did you invest in DeFi?<\/p>\n<\/div>\n<div id=\"attachment_116825\" style=\"width: 760px\" class=\"wp-caption alignleft\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-116825\" class=\"size-full wp-image-116825\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/image-20-1.png\" alt=\"Bitcoin and Other Cryptocurrencies in Our Lives: ForkLog Survey Results\" width=\"750\" height=\"272\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/image-20-1.png 750w, https:\/\/u1f987.com\/wp-content\/uploads\/image-20-1-300x109.png 300w\" sizes=\"auto, (max-width: 750px) 100vw, 750px\" \/><\/p>\n<p id=\"caption-attachment-116825\" class=\"wp-caption-text\">Which DeFi service do you use?<\/p>\n<\/div>\n<\/div>\n<\/div>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/Group-13848-1.png\" alt=\"Bitcoin and Other Cryptocurrencies in Our Lives: ForkLog Survey Results\" width=\"2401\" height=\"620\"><\/p>\n<div class=\"review_single_blk qb1\">\n<h2>Trading<\/h2>\n<p>Trading cryptocurrencies is profitable for 43.1% of respondents.<\/p>\n<p>Traders favour centralized venues. The share of DEX users is small.<\/p>\n<div class=\"qc_equal_height\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-116838\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/Mask-Group-32.png\" alt=\"Bitcoin and Other Cryptocurrencies in Our Lives: ForkLog Survey Results\" width=\"732\" height=\"448\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/Mask-Group-32.png 732w, https:\/\/u1f987.com\/wp-content\/uploads\/Mask-Group-32-300x184.png 300w\" sizes=\"auto, (max-width: 732px) 100vw, 732px\" \/><br \/>\n<img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-116976\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/dex.png\" alt=\"Bitcoin and Other Cryptocurrencies in Our Lives: ForkLog Survey Results\" width=\"852\" height=\"448\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/dex.png 852w, https:\/\/u1f987.com\/wp-content\/uploads\/dex-300x158.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/dex-768x404.png 768w\" sizes=\"auto, (max-width: 852px) 100vw, 852px\" \/><\/div>\n<\/div>\n<div class=\"reviews_has_halves stretch\">\n<div class=\"review_half\">\n<div class=\"review_single_blk\">\n<p>The majority of respondents trade on Binance.<\/p>\n<div id=\"attachment_116916\" style=\"width: 1088px\" class=\"wp-caption alignleft\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-116916\" class=\"size-full wp-image-116916\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/image-21.png\" alt=\"Bitcoin and Other Cryptocurrencies in Our Lives: ForkLog Survey Results\" width=\"1078\" height=\"470\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/image-21.png 1078w, https:\/\/u1f987.com\/wp-content\/uploads\/image-21-300x131.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/image-21-1024x446.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/image-21-768x335.png 768w\" sizes=\"auto, (max-width: 1078px) 100vw, 1078px\" \/><\/p>\n<p id=\"caption-attachment-116916\" class=\"wp-caption-text\">On which centralized exchanges do you trade?<\/p>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"review_half\">\n<div class=\"review_single_blk\">\n<p>22.7% of respondents have traded crypto derivatives. The survey shows that traders employ modest leverage \u2014 up to 25x.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-116917\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/Mask-Group-34.png\" alt=\"Bitcoin and Other Cryptocurrencies in Our Lives: ForkLog Survey Results\" width=\"760\" height=\"448\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/Mask-Group-34.png 760w, https:\/\/u1f987.com\/wp-content\/uploads\/Mask-Group-34-300x177.png 300w\" sizes=\"auto, (max-width: 760px) 100vw, 760px\" \/><\/p>\n<\/div>\n<\/div>\n<\/div>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/Group-13852.png\" alt=\"Bitcoin and Other Cryptocurrencies in Our Lives: ForkLog Survey Results\" width=\"2400\" height=\"628\"><\/p>\n<h2>Wallets<\/h2>\n<div class=\"reviews_has_halves stretch\">\n<div class=\"review_half\">\n<div class=\"review_single_blk\">\n<p>When storing cryptocurrencies, users prefer software wallets, for example Bitcoin Core. Non-custodial wallets, such as Blockchain.com and Electrum, remain prominent leaders.<\/p>\n<div id=\"attachment_116923\" style=\"width: 1088px\" class=\"wp-caption alignleft\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-116923\" class=\"size-full wp-image-116923\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/Group-2732.png\" alt=\"Bitcoin and Other Cryptocurrencies in Our Lives: ForkLog Survey Results\" width=\"1078\" height=\"436\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/Group-2732.png 1078w, https:\/\/u1f987.com\/wp-content\/uploads\/Group-2732-300x121.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/Group-2732-1024x414.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/Group-2732-768x311.png 768w\" sizes=\"auto, (max-width: 1078px) 100vw, 1078px\" \/><\/p>\n<p id=\"caption-attachment-116923\" class=\"wp-caption-text\">Which wallet do you use?<\/p>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"review_half\">\n<div class=\"review_single_blk\">\n<p>Only 30% of respondents use hardware wallets. Popular ones include Ledger and Trezor.<\/p>\n<div id=\"attachment_116924\" style=\"width: 1088px\" class=\"wp-caption alignleft\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-116924\" class=\"size-full wp-image-116924\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/image-23.png\" alt=\"Bitcoin and Other Cryptocurrencies in Our Lives: ForkLog Survey Results\" width=\"1078\" height=\"444\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/image-23.png 1078w, https:\/\/u1f987.com\/wp-content\/uploads\/image-23-300x124.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/image-23-1024x422.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/image-23-768x316.png 768w\" sizes=\"auto, (max-width: 1078px) 100vw, 1078px\" \/><\/p>\n<p id=\"caption-attachment-116924\" class=\"wp-caption-text\">Which hardware wallets do you use?<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/Mask-Group-35.png\" alt=\"Bitcoin and Other Cryptocurrencies in Our Lives: ForkLog Survey Results\" width=\"2402\" height=\"558\"><\/p>\n<div class=\"review_single_blk qb1\">\n<h2>Investments<\/h2>\n<p>63.2% of respondents have never participated in ICOs or IEOs. Among ICO investors, 15.7% incurred losses and only 5.5% broke even. 14.2% managed to multiply their investments.<\/p>\n<p>18.9% of respondents plan to invest in STOs in the future.<\/p>\n<div class=\"qc_equal_height\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-116928\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/Mask-Group-36.png\" alt=\"Bitcoin and Other Cryptocurrencies in Our Lives: ForkLog Survey Results\" width=\"826\" height=\"448\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/Mask-Group-36.png 826w, https:\/\/u1f987.com\/wp-content\/uploads\/Mask-Group-36-300x163.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/Mask-Group-36-768x417.png 768w\" sizes=\"auto, (max-width: 826px) 100vw, 826px\" \/><br \/>\n<img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-116978\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/IEO.png\" alt=\"Bitcoin and Other Cryptocurrencies in Our Lives: ForkLog Survey Results\" width=\"878\" height=\"448\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/IEO.png 878w, https:\/\/u1f987.com\/wp-content\/uploads\/IEO-300x153.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/IEO-768x392.png 768w\" sizes=\"auto, (max-width: 878px) 100vw, 878px\" \/><\/div>\n<\/div>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/Mask-Group-38.png\" alt=\"Bitcoin and Other Cryptocurrencies in Our Lives: ForkLog Survey Results\" width=\"2402\" height=\"558\"><\/p>\n<div class=\"review_single_blk qb1\">\n<h2>Media<\/h2>\n<p>The vast majority of respondents read the press daily.<\/p>\n<p>However, their attention is gradually shifting toward Telegram and YouTube channels.<\/p>\n<div class=\"qc_equal_height sb ah\">\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-116932\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/Mask-Group-39.png\" alt=\"Bitcoin and Other Cryptocurrencies in Our Lives: ForkLog Survey Results\" width=\"794\" height=\"448\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/Mask-Group-39.png 794w, https:\/\/u1f987.com\/wp-content\/uploads\/Mask-Group-39-300x169.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/Mask-Group-39-768x433.png 768w\" sizes=\"auto, (max-width: 794px) 100vw, 794px\" \/><\/p>\n<div id=\"attachment_116933\" style=\"width: 1200px\" class=\"wp-caption alignleft\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-116933\" class=\"size-full wp-image-116933\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/image-24.png\" alt=\"Bitcoin and Other Cryptocurrencies in Our Lives: ForkLog Survey Results\" width=\"1190\" height=\"398\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/image-24.png 1190w, https:\/\/u1f987.com\/wp-content\/uploads\/image-24-300x100.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/image-24-1024x342.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/image-24-768x257.png 768w\" sizes=\"auto, (max-width: 1190px) 100vw, 1190px\" \/><\/p>\n<p id=\"caption-attachment-116933\" class=\"wp-caption-text\">Which media channels do you prefer for up-to-date information?<\/p>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"reviews_has_halves stretch\">\n<div class=\"review_half\">\n<div class=\"review_single_blk\">\n<p>In addition to ForkLog, respondents consult financial and economic media as well as broad-spectrum media. 17.8% of respondents get all the information they need about the cryptocurrency industry from ForkLog.<\/p>\n<div id=\"attachment_116938\" style=\"width: 1102px\" class=\"wp-caption alignleft\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-116938\" class=\"size-full wp-image-116938\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/image-25-1.png\" alt=\"Bitcoin and Other Cryptocurrencies in Our Lives: ForkLog Survey Results\" width=\"1092\" height=\"360\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/image-25-1.png 1092w, https:\/\/u1f987.com\/wp-content\/uploads\/image-25-1-300x99.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/image-25-1-1024x338.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/image-25-1-768x253.png 768w\" sizes=\"auto, (max-width: 1092px) 100vw, 1092px\" \/><\/p>\n<p id=\"caption-attachment-116938\" class=\"wp-caption-text\">Which media, besides ForkLog, do you read?<\/p>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"review_half\">\n<div class=\"review_single_blk\">\n<p>The most-read sections of our site are News and Exclusives. The majority prefer to receive fresh information from Telegram channel @forklog.<\/p>\n<div id=\"attachment_116939\" style=\"width: 1088px\" class=\"wp-caption alignleft\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-116939\" class=\"size-full wp-image-116939\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/image-27.png\" alt=\"Bitcoin and Other Cryptocurrencies in Our Lives: ForkLog Survey Results\" width=\"1078\" height=\"358\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/image-27.png 1078w, https:\/\/u1f987.com\/wp-content\/uploads\/image-27-300x100.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/image-27-1024x340.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/image-27-768x255.png 768w\" sizes=\"auto, (max-width: 1078px) 100vw, 1078px\" \/><\/p>\n<p id=\"caption-attachment-116939\" class=\"wp-caption-text\">What do you read on ForkLog?<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"review_single_blk\">\n<p>25.5% of respondents are viewers of ForkLog&#8217;s YouTube channel. 34.8% read articles by ForkLog Hub residents.<\/p>\n<div class=\"qc_equal_height\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-116941\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/Mask-Group-40.png\" alt=\"Bitcoin and Other Cryptocurrencies in Our Lives: ForkLog Survey Results\" width=\"448\" height=\"448\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/Mask-Group-40.png 448w, https:\/\/u1f987.com\/wp-content\/uploads\/Mask-Group-40-300x300.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/Mask-Group-40-150x150.png 150w\" sizes=\"auto, (max-width: 448px) 100vw, 448px\" \/><br \/>\n<img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-116942\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/Mask-Group-41.png\" alt=\"Bitcoin and Other Cryptocurrencies in Our Lives: ForkLog Survey Results\" width=\"866\" height=\"448\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/Mask-Group-41.png 866w, https:\/\/u1f987.com\/wp-content\/uploads\/Mask-Group-41-300x155.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/Mask-Group-41-768x397.png 768w\" sizes=\"auto, (max-width: 866px) 100vw, 866px\" \/><\/div>\n<\/div>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/Group-13851.png\" alt=\"Bitcoin and Other Cryptocurrencies in Our Lives: ForkLog Survey Results\" width=\"2400\" height=\"473\"><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>In 2020, in ForkLog&#8217;s annual survey \u201cBitcoin and Other Cryptocurrencies in Our Lives,\u201d 1,815 people from Russia, Ukraine, Belarus, the United States, and countries across Asia and Europe participated. Key takeaways: 94.6% of ForkLog&#8217;s audience are men. Bitcoin and Ethereum remain the most popular cryptocurrencies. In 2020, 72.3% of respondents reported a return on their investment portfolios. Survey participants prefer trading on the Binance exchange and generally trust centralized trading platforms. Half of respondents use a VPN. Uniswap is one of the most-used DeFi services.<\/p>\n<p>Portrait of ForkLog Readers: The majority are aged 26\u201335 and mostly men. About 91.7% live in Russia and nearby regions. Top five visitors include Russians, Ukrainians, Belarusians, Kazakhstani, and Polish residents. A profile of ForkLog readers is shown through several image galleries. Forty-five percent report a middle income, 30.7% low, 19.1% above average, and 5.2% high. A third can afford occasional trips abroad; a slightly smaller share did not travel outside their home country. One in three owns their own business. 28.9% are directly connected with the blockchain and cryptocurrency sector. 7.6% learned about cryptocurrencies in the early years of their existence, but most learned during the Bitcoin boom of 2016\u20132017.<\/p>\n<p>Cryptocurrencies are held by a large majority; almost half bought digital assets during 2016\u20132017. 57% plan to expand their portfolios, 10% are considering creating one, and 72.3% earned a return in 2020. The report also covers mining and staking, anonymity and the darknet, DeFi, trading, wallets, ICO\/IEO\/STO investments, and media consumption. The majority trade on centralized exchanges like Binance, with some participation in derivatives and limited use of DeFi services such as Uniswap. The document also notes privacy measures, VPN use, and media preferences, including ForkLog as a primary source for crypto information.<\/p>\n","protected":false},"author":1,"featured_media":31953,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[1144],"tags":[1740,1741,167],"class_list":["post-31952","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-longreads","tag-bitcoin-industry-in-numbers","tag-forklog-news","tag-research"],"aioseo_notices":[],"amp_enabled":true,"views":"32","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/31952","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=31952"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/31952\/revisions"}],"predecessor-version":[{"id":31954,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/31952\/revisions\/31954"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/31953"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=31952"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=31952"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=31952"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}