A survey conducted by Binance has revealed that more than half of cryptocurrency users in Latin America are using cryptocurrencies as a long-term investment, opting to hold digital assets. The survey, which surveyed 10,000 users from Argentina, Brazil, Colombia and Mexico, found that 50.3% of surveyed users (one out of every two clients) prefer to use cryptocurrencies as an investment vehicle. 18.8% of surveyed users said they use these assets for trading on a daily basis, and the survey also found other use cases including peer-to-peer (P2P) trading (8.4%), DEFI (8.2%) and buying (4.9%).