The most notable trend is the popularity of mobile wallets/apps, with of respondents using them for crypto storage. Mobile wallets provide quick access, enabling users to manage their assets on the go, which may be particularly appealing for those who actively trade or make payments using cryptocurrency. Cryptocurrency exchanges are also widely used (). Many South Africans also prefer to keep their assets within platforms that allow for easy buying, selling, and trading, although this comes with the risk of exchange security.
For further insights, explore Top payment methods in South Africa, cryptocurrency awareness in South Africa, cryptocurrency engagement levels in South Africa.
