Crypto Payments Face Global Hesitation as Hack Threats Loom, Survey Finds
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Despite growing interest in crypto asset payments across emerging markets, concerns over security remain a primary obstacle to wider adoption, according to a new report.
A global survey conducted by Bitget Wallet, involving 4,599 participants, revealed that more than one-third of users cite security vulnerabilities—such as hacks and phishing scams—as the biggest barrier preventing them from using cryptocurrency for day-to-day transactions.
Fighting The Security Concerns
While 46% of those surveyed said they preferred using crypto over fiat currencies due to faster transaction speeds and…