Survey: Japanese Investors Prefer Bitcoin and XRP Over Ethereum
A recent survey by cryptocurrency exchange BitMax indicates Japanese investors are more interested in bitcoin and XRP than Ethereum.
According to the survey results published to Twitter, 26% of polled investors said bitcoin was their preferred cryptoasset. XRP came in a close second among investors, with 25% of those polled indicating XRP as their preference.
Despite having the second-largest market capitalization behind bitcoin, the survey found that ether was less popular with Japanese investors. According to the results, only 9 percent of respondents indicated ether as their top choice.
— BITMAX (@BITMAX_JP) June 12, 2020
The remaining 40% of voters were split between altcoins, with NEM (XEM), monacoin and nano being the most popular choices.
Ripple, the payment protocol startup behind XRP, has had some success with their crypto-asset in Asian markets. Earlier in the year, it was announced that the Japanese financial services giant SBI Holdings would be offering XRP as a benefit to shareholders.
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