Italy: knowledge of cryptocurrency trading 2017

In 2017, a survey on fintech and digital finance revealed that 66 percent of Italians have never heard of cryptocurrencies trading. According to the results only 5 percent of the respondents were involved in cryptocurrencies trading. Moreover, the same survey also showed that 59 percent of Italians have never heard of mobile wallets, and only 8 percent used this digital service.

Financial knowledge is lacking

According to another survey about financial knowledge and financial education conducted in 2017 in Italy, Italians seemed to be lacking basic knowledge regarding banking and financial products. In fact, 53 percent of the respondents admitted to not be well informed about the aforementioned topics. Surprisingly enough, only seven percent of the respondents claimed that they were very well informed.

Do Italians want to learn more about banking and finance?

The answer to this question is yes and no. Italians would like to know more about savings, investments and payment protect, as well as mortgages and personal loans. However, 55 percent of the survey’s respondents said that they would be eager to improve their knowledge on banking and financial products only if they were offered free trainings or courses.

Level of knowledge of cryptocurrency trading in Italy in 2017

Share of respondents
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Sources

Release date

December 2017

Region

Italy

Survey time period

2017

Number of respondents

1,500 respondents

Special properties

internet users

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Statistics on "Alternative finance in Italy"

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