OKX Survey: Gen Z Wants to Pay for Dates with Crypto

OKX cryptocurrency exchange’s survey conducted by Pollfish in January among 1,000 adults in the US revealed that Gen Z Americans are interested in paying for dates with crypto but most don’t due to practical reasons. 13% of Gen Z participants said they paid for dates with crypto, while the main issue for those who didn’t was the lack of direct payment methods.

OKX’s Valentine’s Day Survey Results. Source: OKX

Trends in Paying for Dates with Crypto Among Gen Z

According to the survey, 31% find buying crypto as a Valentine’s Day gift appealing. 76% see financial literacy as a desirable trait in a partner. This data shows the potential for younger generations to integrate crypto not just as an investment tool but also into the romantic aspects of daily life. Once practical barriers are overcome, popular assets like BTC detailed analysis could emerge as payment methods.

Crypto Ownership and Partner Attractiveness

Crypto ownership is limited; 29.5% of participants have owned crypto assets currently or in the past. Knowledge of digital assets and wallets adds 52-55% attractiveness, while owning crypto was found appealing by only 17%. In younger generations, digital finance awareness is linked to overall financial competence. Tools like BTC futures can play a role in increasing this awareness.

Romantic Scam Risks Are Increasing

On the other hand, crypto-related romantic scams are on the rise; US and Canada authorities have warned against scams on dating apps. The interest shown in the survey also brings these risks. Users should be protected with secure wallets and verification methods. Infrastructure needs to be developed for the widespread adoption of crypto payments.