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A Passfolio survey shows which are the cryptocurrencies with the highest volume invested by users in Brazil.

An exclusive survey from Passfolio released a list with the most invested cryptocurrencies by volume by its users in Brazil during the year of 2021.

Check out the list:

  1. Bitcoin (BTC)
  2. Ethereum (ETH)
  3. Dogecoin (DOGE)
  4. Amp (AMP)
  5. Litecoin (LTC)
  6. Chainlink (LINK)
  7. Bitcoincash (BCH)
  8. Decetraland (MANA)
  9. ZCash (ZEC)
  10. Uniswap (UNI)

Why invest in crypto
A study commissioned by Sherlock Communications and carried out through the Toluna research platform shows that Brazil has more than 1.4 million registered cryptocurrency users.

And the demand for cryptoactives is growing. At Passfolio, the amount invested in digital coins has tripled since September last year. “Exposure to this type of asset has also increased,” says David Gobaud, founder of the San Francisco, Calif.-based company.

Among the reasons that lead Brazilians to invest, according to a survey by Sherlock Communications, are: to diversify investments (55%), protect themselves from inflation and financial instability (39%) and follow the technology trend (37%). 

“To invest successfully, you need to know your own risk tolerance, set goals, study sectors and trends. Financial education is essential for anyone wishing to enter this market”, warns Goubad.

Invest in Cryptocurrencies with Passfolio

With Passfolio Financial, you can start investing in cryptocurrencies with as little as US$1. We make crypto investing accessible and even accept local deposit methods such as TEDs. 

Download Passfolio on the App Store or on Google Play. Find out more at www.passfolio.com

¹ Please see our fractional shares disclosure.Please read important legal disclosures that apply to your relationship with Passfolio.

Please read important legal disclosures that apply to your relationship with Passfolio.