Huobi: crypto investment start time 2022

When trading platform Huobi asked its users in January 2022 when they made their first crypto investment, most respondents said they started recently. Nearly seven out of 10 people began investing in cryptocurrencies within the last year. The source observes this growing group of crypto holders might not necessarily have backgrounds in programming or tech, but has more of a general interest in cryptocurrencies. No information is provided, however, on where these users come from. Most visitors to the Seychelles-based cryptocurrency trading platform in 2022 came from Russia and Ukraine, despite that the exchange was originally founded in China.

Time frame when users of crypto exchange Huobi started with their first investments in cryptocurrencies when compared to January 2022

Characteristic	Share of respondents
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Release date

February 2022

More information

Region

Worldwide

Survey time period

January 2022

Number of respondents

3,144*

Age group

18 years and older

Special properties

Cryptocurrency owners on the Huobi platform; The source does not provide additional details on the survey respondents, such as the country of origin.

Supplementary notes

* The source does not clarify the exact number of respondents to this question, only stating it concerns "respondents that did report owning crypto". It asked elsewhere how many of the 3,144 respondents (53% women, 47% men) invested in cryptocurrencies. Roughly 28 percent of the respondents said "yes" to this question, with other answers being "no, but I plan to" and "no, and I do not plan to".

The source does not provide information regarding the type of survey conducted.

The source does not provide information regarding multiple answering options.

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