Image showing Bitcoin, which is a type of cryptocurrency

Last updated on February 1, 2022

Flush with time on their hands and few activities to spend money on, many consumers have indulged in trading cryptocurrency for the first time during the pandemic. Cryptocurrency has become a global phenomenon in recent years.

Keeping this in mind, Caddle asked our Daily Survey Panel what Canadians’ thoughts are on cryptocurrency. 

Canadians are Slowly Catching on

Many Canadians are slowly but surely familiarizing themselves with cryptocurrency. According to Caddle, 30% of Canadians are familiar with cryptocurrency, out of which most are men and younger generations like Gen Z. In comparison, 34% are not very familiar, and 36%