The American independent investment bank and financial services company, Piper Sandler has published its latest “Taking Stock With Teens” survey which notes that 9% of U.S. teenagers have traded cryptocurrencies. 7,000 teenagers were polled and roughly 81% of those who have traded digital currencies were male.
9% of American Teens Claim to Have Traded Crypto Assets, But Cash Is Still King Among US Teenagers
Piper Sandler Companies has published a new study that surveyed 7,000 American teenagers.
According to the findings as far as payments are concerned “cash is (still) king for teens” and this is followed by Apple Pay and Venmo. Food, video games, and clothes purchases are very important to American teens and 9% of the crowd has traded digital currencies.
Piper Sandler’s survey shows that only 19% of the respondents who have traded crypto were female. A great majority or 81% of the teen participants who have traded crypto assets were male. Piper Sandler’s survey is part of a semi-annual research project that has surveyed more than 201,800 teens since 2001.
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Out of the 7,000 American teens in this specific survey, the average age was 16.1 years. The financial services company says that it leverages data from a
