85% of Crypto Traders Use AI Trading Tools and 6.5% Would…
By Tobi Opeyemi Amure
AI summary of the source article
A survey by crypto exchange MEXC found that 84.8% of 3,708 respondents used AI to research or trade crypto over six months. However, only 6.5% would authorize AI to trade more than half of their account balance.
Why it matters
The report notes that "an 84.8% AI trading adoption rate against 6.5% willing to delegate most of their balance shows the constraint on AI in crypto is permission rather than access."
Key facts
- A survey of 3,708 MEXC users found 84.8% had used AI tools for research or trading in the previous six months.
- Only 6.5% of respondents would authorize AI tools to trade more than half their account balance, while 54% would limit it to at most 20%.
- Willingness to allow automated AI execution rose from 55% to 71.8% when hard limits on funds, positions, leverage, and losses were introduced.
Source excerpt · FinanceFeeds
Almost every crypto trader in MEXC’s new AI trading survey has used the technology, and almost none of them will let it near the money. The exchange’s AI Trading Report , published on Wednesday, found 84.8% of 3,708 respondents had used AI to research or trade crypto in the previous six months, while 6.5% would authorize it to trade more than half their account balance. One methodological caveat g…