OnePlus May Be Working on Introducing Its Cryptocurrency Wallet, Survey Suggests

The ongoing survey by OnePlus is asking users about whether they invest in cryptocurrencies and which platforms they use for the investment.

• OnePlus is found to be running a survey on blockchain technology
• It is asking users questions about their interest in cryptocurrencies
• Bitcoin and other such currencies attracted Apple and Samsung in the past

Bitcoin has attracted some of the leading tech companies despite being volatile

Photo Credit: Reuters

OnePlus could be the next big name in the growing market of cryptocurrencies led by Bitcoin as the Chinese company is found to be conducting a survey on blockchain research. The survey is aimed at getting user feedback on cryptocurrencies. The company is asking users whether they have used trading platforms such as Coinbase, Gemini, Robinhood, and Binance. It seems to be a hint at OnePlus venturing into the cryptocurrency platform/ wallet space. Bitcoin and other digital currencies such as Ethereum and Dogecoin have become quite popular among young smartphone users, especially because of the easy access to cryptocurrency trading apps. This might have led OnePlus to think of a native solution for its users to at least store cryptocurrencies — if not invest and trade.

As initially reported by MySmartPrice, the survey titled OnePlus Blockchain Research suggests the company’s interest in building a product around cryptocurrency. Although the focus of the survey from its title solely appears to be around understanding the blockchain technology, some of the questions available to its respondents hint at the development of a new cryptocurrency platform that could be a wallet to save digital assets such as Bitcoin.

The survey asks users about whether they invest in cryptocurrencies and which platforms they use for the investment. It also includes a question on understanding problems and inconvenience investors have encountered when investing in or holding a cryptocurrency. Further, the company is seeking information on whether the respondents have used any “software hot wallets” such as the Coinbase Wallet or MetaMask.

TechBeat has reached out to OnePlus for a comment on the matter and will update this space when the company responds.

Cryptocurrency remains a very volatile investment. You would know if you have been reading about or tracking Bitcoin price in India. But nonetheless, companies in tech appear to have plans to step into the cryptocurrency market.