{"id":500155,"date":"2022-08-26T23:00:42","date_gmt":"2022-08-26T23:00:42","guid":{"rendered":"https:\/\/wncen.com\/?p=500155"},"modified":"2024-06-11T14:23:03","modified_gmt":"2024-06-11T14:23:03","slug":"worldwide-crypto-ownership-cross-320-million-here-are-the-countries-leading-the-charge","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/worldwide-crypto-ownership-cross-320-million-here-are-the-countries-leading-the-charge\/","title":{"rendered":"Worldwide Crypto Ownership Cross 320 Million, Here Are The Countries Leading The Charge"},"content":{"rendered":"

Crypto adoption worldwide has accelerated in the last couple of years. Thanks are especially in order to the 2021 bull run that saw the price of bitcoin reach as high as $69,000, triggering an influx of new users into the market, both on the retail and institutional investor side. As it now stands, there are now more than 320 million crypto users around the world, according to recent data. Here are the countries that dominate the list.<\/p>\n

The United States Takes The Lead<\/h2>\n

The United States has actually seen one of the most rapid adoptions of cryptocurrencies. Data from Triple A<\/a> shows that there are more than 46 million crypto users in the country. This is made even more evident that more than 80% of all crypto ATMs installed in the world exist in this region. So in total, the United States has 13.74% of its total population who are crypto users.<\/p>\n

Related Reading: What The Negative Bitcoin Funding Rates Say About Investor Outlook<\/a><\/em><\/strong><\/p>\n

Coming in second is India. Over the years, there have been reports of Indians flocking to cryptocurrency as the new gold. Their numbers have grown rapidly as a result, and there are now more than 27.4 million crypto users in the region. However, this only makes up about 2% of the total Indian population. Pakistan comes in 3rd place with more than 26.4 million crypto users, accounting for 11.5% of the total population.<\/p>\n

\"Total<\/p>\n

Total market cap falls to $976 billion | Source: Crypto Total Market Cap on TradingView.com<\/a><\/pre>\n

Nigeria unsurprisingly comes in 4th place. The economic situation in the country has gotten worse over time with double-digit inflation, and residents have turned to cryptocurrency to maintain the value of their wealth. The country has more than 22.3 million users, making up 10.34% of the total population.<\/p>\n

Vietnam comes in 5th place with more than 20.2 million users. However, despite being 5th, it is the country with the largest percentage of the population using crypto, with 20.27%. This puts it ahead of China, with 19.88 million, and Brazil, with 16.65 million. Russia, Indonesia, and South Africa complete the top 10 with 14.6 million, 12.23 million, and 7.7 million, respectively.\u00a0<\/span><\/p>\n

Crypto Spreads Over The Continents<\/h2>\n

On a control-by-country scale, the United States led the charge in terms of adoption, but when zoomed out and looked at from the perspective of continents as a whole, the West is quickly dethroned. Instead, Asians lead the charge in this regard.<\/p>\n

Related Reading: Crypto Market Returns Plunges Into The Negative, Here\u2019s Why<\/a><\/strong><\/em><\/div>\n

The data shows that Asia boasts 130 million crypto users. In contrast, the African continent has 53 million uses. This puts North America in 3rd place with a total of 51 million users. Europe follows with 43 million, and South America with 27 million. Oceania came out to 1 million users.<\/p>\n

Holder demographics are also skewed towards the male popular. In total, 63% of all crypto users are men, while 37% are females. 72% of all users are under the age of 34, indicating that the market appeals to the younger popular. The majority (71%) have at least a Bachelor\u2019s degree.<\/p>\n

Featured image from Finance Feeds, chart from TradingView.com<\/pre>\n

Follow <\/i><\/b>Best Owie on Twitter<\/i><\/b><\/a> for market insights, updates, and the occasional funny tweet\u2026<\/i><\/b><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

Crypto adoption worldwide has accelerated in the last couple of years. Thanks are especially in order to the 2021 bull run that saw the price of bitcoin reach as high as $69,000, triggering an influx of new users into the market, both on the retail and institutional investor side. As it now stands, there are now more than 320 million crypto users around the world, according to recent data. Here are the countries that dominate the list. The United States Takes The Lead The United States has actually seen one of the most rapid adoptions of cryptocurrencies. Data from Triple A shows that there are more than 46 million crypto users in the country. This is made even more evident that more than 80% of all crypto ATMs installed in the world exist in this region. So in total, the United States has 13.74% of its total population who are crypto users. Related Reading: What The Negative Bitcoin Funding Rates Say About Investor Outlook Coming in second is India. Over the years, there have been reports of Indians flocking to cryptocurrency as the new gold. Their numbers have grown rapidly as a result, and there are now more than 27.4 million crypto users in the region. However, this only makes up about 2% of the total Indian population. Pakistan comes in 3rd place with more than 26.4 million crypto users, accounting for 11.5% of the total population. Total market cap falls to $976 billion | Source: Crypto Total Market Cap on TradingView.com Nigeria unsurprisingly comes in 4th place. The economic situation in the country has gotten worse over time with double-digit inflation, and residents have turned to cryptocurrency to maintain the value of their wealth. The country has more than 22.3 million users, making up 10.34% of the total population. Vietnam comes in 5th place with more than 20.2 million users. However, despite being 5th, it is the country with the largest percentage of the population using crypto, with 20.27%. This puts it ahead of China, with 19.88 million, and Brazil, with 16.65 million. Russia, Indonesia, and South Africa complete the top 10 with 14.6 million, 12.23 million, and 7.7 million, respectively.\u00a0 Crypto Spreads Over The Continents On a control-by-country scale, the United States led the charge in terms of adoption, but when zoomed out and looked at from the perspective of continents as a whole, the West is quickly dethroned. Instead, Asians lead the charge in this regard. Related Reading: Crypto Market Returns Plunges Into The Negative, Here\u2019s Why The data shows that Asia boasts 130 million crypto users. In contrast, the African continent has 53 million uses. This puts North America in 3rd place with a total of 51 million users. Europe follows with 43 million, and South America with 27 million. Oceania came out to 1 million users. Holder demographics are also skewed towards the male popular. In total, 63% of all crypto users are men, while 37% are females. 72% of all users are under the age of 34, indicating that the market appeals to the younger popular. The majority (71%) have at least a Bachelor\u2019s degree. Featured image from Finance Feeds, chart from TradingView.com Follow Best Owie on Twitter for market insights, updates, and the occasional funny tweet\u2026<\/p>\n","protected":false},"author":541,"featured_media":500163,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[83386,3],"tags":[75,6664,15561,17244,1557,86687],"class_list":["post-500155","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto","category-news","tag-adoption","tag-crypto","tag-crypto-adoption","tag-crypto-users","tag-cryptocurrencies","tag-worldwide-crypto-users"],"acf":[],"yoast_head":"\nWorldwide Crypto Ownership Cross 320 Million, Here Are The Countries Leading The Charge<\/title>\n<meta name=\"description\" content=\"Crypto adoption worldwide has accelerated in the last couple of years. 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Best is a highly skilled professional with a track record of producing engaging and informative content. With a keen eye for detail and a passion for accuracy, Best is committed to ensuring that each article published meets the highest standards of quality. Best has over six years of experience in the crypto industry and has overseen the creation and publishing of thousands of articles over the years. Best is always abreast of everything that is going on in the crypto industry in order to create and curate the most relevant content for readers. This shines through in Best\u2019s publications, which are always clear and concise, enabling easy reading and understanding for all. Best is also an avid learner and advocate for new technology. This has seen Best dive into topics in areas such as decentralized finance (DeFi), non-fungible tokens (NFTs), Layer 2 blockchains, etc. In addition to this, Best is a vocal member of the crypto community across various social media platforms such as X and Reddit. Best\u2019s work garners tens of thousands of readers monthly, who rely on the information in these publications to keep up-to-date with everything happening in the crypto community. Best\u2019s articles explore breaking news, intricate systems such as yield farming, liquidity pools, and other decentralized finance (DeFi) systems. This is because Best understands the importance of information to gaining financial freedom and believes that everyone should have access to this information. Best also believes in leveraging the blockchain for philanthropy to create the most positive social impact. This involves work with charitable organizations focused on financial literacy and education. With each article, Best lends a voice to important issues such as a more financially inclusive future, transparent systems for growth and development, and technology that is not self-serving but one that serves all of humanity. When not curating engaging content, Best can be found reading a book with a cup of hot chocolate, enjoying a Netflix series, or exploring the outdoors with Green - the world\u2019s most quiet and well-behaved Husky. Best\u2019s interests also span other industries such as art, finance, and security, attending seminars and conferences in not just the crypto industry but other industries as well. As an animal lover, Best is also involved with charities for animals, local shelters, and rescues. Best is also involved in local events that promote inclusivity, such as being a prominent member of hiking clubs and a cycling club, as well as being a part of a very happy group of animal lovers. Best is a true professional in every sense of the word, with an exceptional dedication to producing high-quality work. This shines through in Best's work on and off the clock. These include advocating for inclusive crypto education for all, the impact of financial illiteracy, and the benefits of adopting new technologies such as cryptocurrencies. Best\u2019s prolific career in the media industry is a testament of how hard work and dedication pays.","sameAs":["https:\/\/www.linkedin.com\/in\/best-owie-41a150178\/","https:\/\/x.com\/https:\/\/twitter.com\/BestOwie"],"url":"https:\/\/wncen.com\/author\/owiebest\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Worldwide Crypto Ownership Cross 320 Million, Here Are The Countries Leading The Charge","url":"http:\/\/wncen.com\/news\/worldwide-crypto-ownership-cross-320-million-here-are-the-countries-leading-the-charge\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/worldwide-crypto-ownership-cross-320-million-here-are-the-countries-leading-the-charge\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2022\/08\/crypto-adoption.png?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2022\/08\/crypto-adoption.png?fit=840%2C443"},"articleSection":"Crypto","author":[{"@type":"Person","name":"Best Owie"}],"creator":["Best Owie"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["adoption","crypto","crypto adoption","crypto users","cryptocurrencies","worldwide crypto users"],"dateCreated":"2022-08-26T23:00:42Z","datePublished":"2022-08-26T23:00:42Z","dateModified":"2024-06-11T14:23:03Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Worldwide Crypto Ownership Cross 320 Million, Here Are The Countries Leading The Charge\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/worldwide-crypto-ownership-cross-320-million-here-are-the-countries-leading-the-charge\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/worldwide-crypto-ownership-cross-320-million-here-are-the-countries-leading-the-charge\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2022\\\/08\\\/crypto-adoption.png?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2022\\\/08\\\/crypto-adoption.png?fit=840%2C443\"},\"articleSection\":\"Crypto\",\"author\":[{\"@type\":\"Person\",\"name\":\"Best Owie\"}],\"creator\":[\"Best Owie\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"adoption\",\"crypto\",\"crypto adoption\",\"crypto users\",\"cryptocurrencies\",\"worldwide crypto users\"],\"dateCreated\":\"2022-08-26T23:00:42Z\",\"datePublished\":\"2022-08-26T23:00:42Z\",\"dateModified\":\"2024-06-11T14:23:03Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2022\/08\/crypto-adoption.png?fit=840%2C443","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/500155","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/541"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=500155"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/500155\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/500163"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=500155"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=500155"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=500155"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}