Safety issues Slow CRIPTO Adoption of payment around the world – Poll

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Safety issues Slow CRIPTO Adoption of payment around the world - Poll

Safety worrying remains the biggest obstacle to the main adoption of the payment cryptocurrency payment, because hackers and phishing fraud continue to damage the legitimacy of the industry.

More than 37% of investors identified security risks as the main barrier to use cryptocurrency for payments, toward In a survey of 4,599 users, which was conducted by Bitget Fanners as part of the latest attack report shared with cointelegraph.

However, 46% of users said they preferred cryptic payment through fiats for their speed and efficiency.

Bitget’s Female has implemented multilayer protection mechanisms to provide “main priority” and inspire more confidence in the CRIPTO payment, according to Alvin Kan, the main operative officer Bittember Novter:

“This includes MEV protection that is now enabled by default through major chains such as Ethers, BNB chain and salt, helping users avoid common risks such as attacks on front and sandwiches.”

“We also introduced smart detection of authorization through our GetsShield Engine, which actively scans smart contracts, Dapps and URLs to set malware before anything,” said everything users sign.

Bitget Valleta support $ 300 million fund as an additional layer of insurance in case of “property loss due to the issue on the platform.”

His security concerned was strayed industry, especially from the appearance of a new kind of phishing attacks known as address poisoning or Wallet poisoning pollsinvolving victims of victims in sending their digital assets in false addresses belonging to fraudsters.

Victims of overshaving poisoning solutions have been overliped in willingly Sending over $ 1.2 million The value of means of fraud in the first three March in the first three weeks.

While the Gen X users state security as their most concern, Gen Z users priority priorities usability and economy, Kan said.

Africa and Southeast Asia Water in Crypto Adoption of Payment

The Bitget Wallet report found that 52% of African respondents and 51% of Southeast Asia respondents show interest in CRIPTO payments, conducted by high remittance and limited bank access.

To help worldly non-banked regions, Bitgetni Name offers simplified on board with ungivative wallets who do not require a traditional bank account, Khan said, adding:

“With support for over 130 blocks and stablecoin, users can easily send and receive value on the global side, using assets that maintains purchasing power.”

“Local Fiat On-Ramps and Multichain Support Ensure that users can touch the crypt without the need for deep technical knowledge or centralized platforms,” he added.

In Latin America, high transaction costs associated with traditional wires reports the main factor that drives users who adopt the CRIPTO payment, Kan said.

Such remittance fee is on average 7.34% during 2024. Year if they included bank account transfers, toward At statistics.

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