Survey shows 70% of Hong Kong investors turn to digital banks to trade crypto

An increasing number of Hong Kong investors are turning to digital banks on crypto exchanges due to a single window convenience, reveals an investigation.

A new ZA Bank survey shows that almost 70% of cryptographic investors in Hong Kong Prefer to use digital banks to exchange crypto.

ZA Bank said in a press release shared with Crypto.News that the main reasons to choose digital banks are the possibility of negotiating directly with bank deposits and the ease of use of a single account. The bank says that the results show a change in the way people in Hong Kong approach cryptographic trading.

“While the interest of investors for virtual assets continues to grow, cryptocurrencies are increasingly considered as an emerging component of diversified wallets. In the future, we will continue to extend our unique digital investment platform, covering a wide range of asset classes, including cryptography, funds and actions. ”

The CEO of the ZA Bank Calvin from

ZA Bank said the trend shows how digital banks become a new way for many investors to enter the cryptography market. It combines easy -to -use applications with rules that help keep things safe.

The survey also revealed that almost 70% of respondents believe that the growing regulatory clarity of the cryptocurrency market will help attract more participants. Many investors also want more features, because more than 81% want to take care of cryptocurrency transactions “to improve the flexibility of assets”, according to the report.

Awaiting regulatory clarity

At the end of March, an investigation by the Hong Kong University of Sciences and Technologies find That a quarter of Hongkongers plan to keep cryptocurrencies, up 6% compared to a survey carried out in September 2023. Despite the collapse of the FTX in November 2022, many respondents have always expressed their confidence in the use of regulated exchanges.

The survey has revealed that Hongkongers are much more ready to use crypto exchanges if they are regulated, 20% more additional respondents saying that they would feel safe by depositing money in regulated platforms than those not regulated.