Majority of UK Bitcoin Users Have Never Sold, CoinCorner Report Shows

By: bitcoin magazine|2025/05/15 01:00:13
0
Share
copy
Bitcoin MagazineMajority of UK Bitcoin Users Have Never Sold, CoinCorner Report Shows A new report from CoinCorner reveals that most UK Bitcoin investors are playing the long game. According to its 2024 UK Customer Report based on a sample of 2,000 users, 51% of customers have never sold their Bitcoin. Instead, they’re consistently buying in small amounts, embracing the HODL strategy. “The 2024 Bitcoin analysis revealed that our sample tended to buy in small, frequent amounts and sell in larger, more significant transactions, strategically reacting to Bitcoin’s price movement,” the report explains.On average, users bought £412 worth of Bitcoin per transaction, with some starting as low as £5. Meanwhile, the average sell was £5,513 (10x higher) indicating that customers are accumulating on a regular basis and only selling during strong price surges. This behavior aligned closely with Bitcoin’s market highs in 2024.A staggering 86% of all transactions were buys, reinforcing the accumulation trend. Even more telling: 88% of customers bought more than once, and 51% have been buying Bitcoin for over three years.Demographics in the report also challenge stereotypes. Instead of the usual young, risk-driven image of crypto traders, 56% of CoinCorner users fall within the 35–54 age range. The report notes, “This suggests CoinCorner... attracts a more mature and financially established user base.” Regionally, London led both in user count and total transaction volume, likely due to higher average savings in the capital. Male users made up 86% of the sample, and those working in IT held the largest portion of Bitcoin, while retirees recorded the highest overall transactional volume.At the end of 2024, 97% of users who had only bought and sold Bitcoin through CoinCorner were in profit. This result underscores how long-term engagement and strategic buying patterns are paying off. Even among smaller investors (56% of whom held under £1,000) conviction remains strong. In the chart below, you can see the results over the last seven years. As Bitcoin adoption grows in the UK, CoinCorner’s data shows that investors are treating it more like digital gold than a get-rich-quick scheme. “These insights reinforce Bitcoin’s evolving role in the financial landscape,” the report concludes, “balancing steady accumulation with active, strategic engagement.” This post Majority of UK Bitcoin Users Have Never Sold, CoinCorner Report Shows first appeared on Bitcoin Magazine and is written by Jenna Montgomery.

You may also like

Electric Capital: Tracking 501 types of yield-generating RWA assets, we discovered these patterns

From private credit to GPU leasing, from catastrophe bonds to music royalties, the range of tokenizable assets is much richer than the market perceives. However, the biggest challenge is not technology, but distribution—existing RWAs heavily rely on a few large deployers, and the concentration of ri...

Those who are cut off by AI will not disappear; they will become the creators of the next round of the economy

AI is not eliminating people, but rather the superstition of "stable careers": those who break the shackles of organizations and understand how to rewrite themselves are ushering in the ultimate revenge.

Stablecoins reshaping cross-border payments in Asia? Strategic panorama and investment opportunity analysis

With the popularity of local payment channels, the costs of traditional transfers have been significantly reduced, and the fees are now mainly concentrated in the domestic settlement phase, which is precisely what stablecoins cannot bypass.

Zuckerberg is building an AI agent to help him as CEO

Zuckerberg is reported to be personally developing a "CEO proxy" to accelerate information acquisition and reduce management layers.

Bloomberg: Swiss Private Bank Old Guard Rifts, Is Bitcoin the Spark?

For Marc Syz, this is both a bet on the digital asset track and a complete break from Switzerland's long-established private banking dynasty.

Zuckerberg is building an AI assistant to help him be CEO

Mark Zuckerberg has been reportedly personally developing a "CEO Proxy" to speed up information flow and reduce management layers.

Popular coins

Latest Crypto News

Read more