The Esports and cryptocurrencies business fields are expanding over the years. The acceleration seen in both industries is recommendable. eSports that sponsored teams who are issuing their currency and crypto games are most likely linked with cryptocurrency. This increasing trend of cryptocurrency usage is growing support with eSports fans. Every year the number of eSports fans increases by buying cryptocurrency. If you are just getting started with Bitcoin trading, Immediate Profit is the most trusted trading platform.
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Esports Fan Investments In Cryptocurrency Increases
A recent survey reveals that people in the UK related to eSports are buying cryptocurrency more than in previous years. They are increasing by 10 points every succeeding year while buying cryptocurrency. The margin of crypto buyers between previous and current years is huge. Sportspersons in the UK prefer to buy cryptocurrency rather than fiat currency. 37% of eSports fans were counted over 6% of the general population.
This change did not happen overnight. When people realised that eSports cryptocurrency’s future market value is much better than fiat currency, 18 % of the general population left. On the other hand, 52% of people find it confusing to view finance as compared to 36% of the general public. YouGov is the survey site that is giving all these statistics.
Cryptocurrencies That Esports Fans Buy
As per the research done, it is evident that eSports buyer of cryptocurrency is much higher than the general public. We are also aware of cryptocurrency-based data. there are several cryptocurrencies available in the market and each one has its pros and cons. Due to these reasons, cryptocurrency value upgrades and their popularity affect if these Bitcoins are in use.
- Bitcoin – 6%
- Litecoin – 3%
- Ethereum – 4%
- Binance Coin – 3%
- Monero – 4%
- Ripple – 3%
- Verge 3%
The sequence of crypto according to their popularity is given above. It can be observed from the list that Ethereum took 3rd place in the list. Although Ethereum is the second largest currency yet its position is 3rd which clarifies that it is not supported by eSports fans. The position of the Binance coin makes sense. It is because buying smaller coins is also a necessity for users. These results encourage people to go more towards cryptocurrency in eSports. Several esports crypto users are much higher than the general public h who were encouraged by the companies, crypto sponsors or projects. Although it is very confusing to compare eSports crypto users and the general public.
Types of Crypto Fans Purchase
Esports fans used different types of cryptocurrencies whose data was collected by the company during a survey. This data characterise the advantages and disadvantages of using cryptocurrency for traders, investors and export fans. The survey was accorded on most of the famous currencies like Bitcoin, Ethereum, Monero and Ripple.
An interesting fact that came out during a survey on the best cryptocurrencies were, Monero was tied with Ethereum because it is Esports Fans’ second favourite cryptocurrency among all. Although Bitcoin and Litecoin were considered to be the most popular currencies, till the time Binance coin comes into the picture, it provides provision to Esport fans to buy smaller cap cryptocurrencies. The result of the survey was surprising with the conclusion for the esports industry that most of the fans prefer to buy cryptocurrencies as compared to the general public. It also favours the increasing number of companies and organizations doing their work on cryptocurrency.
Rising Interests Across the Board
Not the only UK where eSports crypto persons are increasing surprisingly but crypto gaming has also made an impact on crypto-related products. It is stated that 300 million eSports fans, most of them gamers themselves have used cryptocurrency and are bringing a massive rise in the crypto world. As both fields are on a progressive path, therefore several tokens and gaming NFTs changed significantly. The rise in trading is $17.6 billion as compared to last year, as stated by a firm’s researcher named L’Atelier which is an eye-watering change which reflects a surge of 21000% from a total of $82 million in the 2020s. Despite regulatory uncertainty, countries like the U S. And China noticed a sharp change in interest. While several eSports persons are still low. But data bought by eSports persons in cryptocurrency and blockchain is much higher.
