Crypto User Security Concerns Hinder Mass Adoption

Pinterest LinkedIn Tumblr +
A new Ramp Network survey reveals that crypto user security remains a top barrier to mainstream adoption. Around 80% of respondents said robust protection against scams would make them feel safer and encourage their first crypto steps, while 46.8% cited security as their primary concern.

Rising Fears of Scams and Hacks

Crypto novices face significant hurdles, including fraud, phishing attacks, and potential financial losses. “The strangest thing about crypto is I don’t know what’s safe,” one respondent noted. “I just want to know my wallet won’t get hacked or my card details won’t leak.” Ramp’s data shows 33% of users who made transactions started with less than $100, reflecting cautious entry.

Interface Issues Frustrate Experienced Users

Beyond security, 69.7% of intermediate and advanced users flagged clunky interfaces as a major issue. Many respondents research platforms extensively—reading reviews, checking app glitches, and even analyzing smart contract activity—before depositing funds. Some are willing to pay higher fees for better security standards, Ramp found.

Seeking Safer Alternatives

To mitigate risks, some users opt for hardware wallets or avoid platforms requiring “Know Your Customer” (KYC) checks. These trends highlight the urgent need for enhanced crypto user security measures and intuitive designs to build trust and drive wider adoption in the crypto space.
author avatar
Alexandr
Share.

Leave A Reply