20% of Spaniards with cryptocurrencies allocate more than half of their capital in these assets.
5 out of 10 Spaniards with cryptocurrencies see them as a reserve of inflationary value or protection.
Binance, the cryptocurrency exchange with more commerce volume in the world, presented today a study on the use and perception of digital assets such as Bitcoin (BTC) in Europe, with special focus in Spain.
The report is based on a survey made to more than 16,000 users from five countries – Spain, France, Italy, Lithuania and Poland -, among which distinguishes differences in the typical investor behavior.
“In comparison to the other countries, Spaniards tend to assume a greater exposure in cryptocurrencies, although with a balanced approach to diversification,” says Binance in the report sent to cryptootics.
19% of respondents in Spain declare that more than half of their investments are in cryptoactive, a figure above 15% recorded in the European average. In congruence, 22% of Spaniards say they invest between 25% and 50%, a percentage greater than 19% European.
This happens despite the fact that the majority of respondents in Spain, 40%, claims to allocate less than 10%to cryptocurrency investment, a figure aligned with the European average of 38%. And 19% indicate that they invest between 10% and 25%, a percentage somewhat lower than the European average that is 22%.
55% of Spaniards say that the most attractive factor of cryptocurrencies is their function as a “value reserve” or “inflation protection”, surpassing 13% that seeks “potential for high yields.” “This contradicts the speculative stereotype that is usually associated with the sector, giving prominence to its practical utility and showing a Spanish community that values stability and a more sustainable use,” says Binance.
According to research, 74% of Spanish users surveyed trust long -term cryptocurrencies, while only 4% are skeptical.
Studies, new participants and women dominate the Spanish community
As for the profile of those enchanted in Spain, 46% have higher studiesplacing itself near the European average. For Binance, this reflects an educational level that favors informed and strategic decisions in the field of cryptocurrencies.
In addition, with 39% of full -time workers and 44% autonomous or freelance, Spain shows a community of cryptocurrencies linked to an active working life, exceeding the European average in this aspect.
“These data show a positive change in the perception of cryptocurrencies, which are adopted by both professionals and entrepreneurs as an integral part of their financial planning, leaving behind the vision of a simple speculative alternative,” the Exchange considers.
More than half of the Spaniards surveyed (52%) began to get involved with cryptocurrencies during the last yearwhile 38% have been participating in this ecosystem between one and five years. Although this last figure is lower than the European average (45%), it indicates a sustained interest over time.
Regarding learning channels, 44% of Spanish users first accessed cryptocurrency information through social networks such as Instagram or Twitter, while 30% did so thanks to friends or family. In countries like Italy, the family or friendly environment has even more weight, with more than 35% learning about the sector through that way, exhibiting a cultural difference.
The study also distinguishes that 58% of Spanish users are between 26 and 45 years old, a group considered as professional maturity. 22% is in the range of 18 to 25 years, and 20% have more than 45. This last figure indicates that interest in digital assets also extends to more adult generations in the country.
In terms of gender, Spain presents the highest percentage of female participation among the countries evaluated: 18% of the users surveyed are women, compared to a European average of 13%.
Bitcoin will exceed USD 200,000 by 2030, according to most Spaniards surveyed
Regarding price expectations, both in Spain and in the rest of Europe, Bitcoin projections in 2025 mostly coincide: around 31% of respondents believe that it can reach up to $ 125,000 (USD).
However, Europeans are more optimistic in the upper ranges (16% expect it to exceed 175,000 dollars) compared to 15% in Spain, as the following graph exhibits with the survey results.
In the longest term, for 2030, 44% of Spaniards believe that Bitcoin will reach between $ 200,000 and $ 400,000exceeding 33% of the European average. However, in higher ranges (above $ 400,000), Europe is more optimistic: 28% compared to 24% in Spain.
In the case of Ether (ETH), the Ethereum cryptocurrency, 43% of Spanish users estimate that their price will be between $ 3,000 and $ 5,000 in 2025, in tune with 46% European. Meanwhile, 22% in Spain expects them to exceed $ 12,500, compared to 16% European.
Already by 2030, 15% of Spaniards believe that ETH will exceed $ 35,000, above 12% in the rest of the continent.
At the moment, the historical maximum that Bitcoin has registered has been about $ 112,000 two weeks ago, while Ether Usd 4,900 four years ago.
