Study: 68% of Americans Aware of Risks Involved With Cryptocurrencies
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Study: 68% of Americans Aware of Risks Involved With Cryptocurrencies

THELOGICALINDIAN - Nearly seven out of ten surveyed Americans said they were acquainted of risks that are associated with cryptocurrencies a new abstraction by Nordvpn has begin However about 32 of the respondents said they were not acquainted of any risks

Understanding Cryptocurrencies

According to the allegation of a new Nordvpn study, about seven in ten Americans, or 68% of abstraction participants, said they were acquainted of the risks complex with cryptocurrency. The abstraction additionally begin that an about identical cardinal (69%) of all the respondents “had some compassionate of what cryptocurrency is.”

Despite actuality abreast about cryptocurrencies, the surveyed Americans still bidding their anxiety over the anticipation of these agenda currencies “becoming the accepted for online purchases.”

Also, in a breakdown of the risks identified, the study begin that 59% of the respondents were acquainted that trading platforms and exchanges can get hacked. About 57% said they were acquainted of the accident of an annual takeover, while 56% are acquainted of phishing emails or texts alerting a change in funds that may be acclimated by criminals.

Meanwhile, in commending the empiric aerial crypto acquaintance levels, the address said “the added compassionate alone consumers accept of cyber threats, the bigger able they’ll be to assure themselves.”

A Troubling Trend

On the added hand, the abstraction additionally begin that some 32% of the 1,000 respondents that took allotment in the analysis “did not address any acquaintance of the associated risks.” The abstraction address describes this abridgement of acquaintance as not alone “a absolute problem” but allotment of a bigger and possibly added adverse trend.

“The absolute affair is that abounding bodies in the added population, in the U.S. and beyond, accept a poor compassionate of online risks in general,” the address explained.

In conclusion, the address apprenticed cryptocurrency holders or internet users to actualize stronger passwords as these are “often the alone things continuing amid hackers and our online accounts.” The address additionally encouraged users to use VPNs which “protect internet cartage with layers of able encryption.”

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