How will crypto currencies by used in emerging markets by Siglo users?

Siglo
Siglo Blog
Published in
1 min readSep 27, 2018

We asked users signed up for Siglo apps in Mexico and Colombia, ‘What would you most like to use cryptocurrencies for?’ We got more than 5000 unique responses. Most of the users that were surveyed said they don’t have a bank account.

  • 29% ‘To invest in order to see their value increase.’
  • 15% ‘To pay for digital services like Netflix.’
  • 14% ‘To pay for services like water and electricity.’
  • 13% ‘To invest safely.’
  • 11% ‘To pay for services like TV and phone.’
  • 10% ‘To send and receive money between friends and family.’
  • 5% ‘To receive loans.’

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Siglo
Siglo Blog

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