According to ChainCatcher, the 2024 Crypto Literacy Survey released by Crypto Literacy showed that 98.6% of respondents who considered themselves knowledgeable owned cryptocurrencies, while only 32% had limited understanding.
The survey found that respondents with advanced knowledge were three times more likely to own cryptocurrencies than those with limited knowledge, with 31.8% of respondents reporting a deep understanding of cryptocurrencies, a significant increase from 11.0% in 2022.
29% of respondents see cryptocurrencies as a long-term retirement strategy, and 22% use them for daily transactions. 59% believe that regulatory clarity is an important task for the new government.
The proportion of people who think that cryptocurrencies are "extremely dangerous" has dropped from 43.1% to 35.2%, and 26.6% have doubts about the source of the value of cryptocurrencies. Only 22% correctly identify the importance of private keys, 14% understand the function of DeFi, and 9% know the role of staking.
The survey, conducted in October 2024, included 670 U.S. respondents of varying ages, genders, and income levels, and was designed to provide insights for education and policy initiatives.