Who Loves Crypto? Americans? Germans? Japanese?

Who Loves Crypto? Americans? Germans? Japanese?

By Drake Flyer | Revolution is Crypto | 12 Jan 2023


If the question - which crypto is the most owned - easy (it's BTC), is the question of crypto users per country more difficult.

It is impossible to predict which country has the highest number of crypto users.

However, some of the countries with high adoption of cryptocurrency are Japan, South Korea, The United States, Germany, China, and Canada.

After reading several articles, the six countries mentioned above usually came out as countries with the highest crypto adoption.

If we look at the Binance's data, we see a similar representation.

Binance reported that a significant percentage of users come from Asia, particularly from countries such as China, South Korea, and Japan. These countries have a high adoption rate of cryptocurrency, which contributes to the high number of users on Binance from these regions.

USA

Summary: around 30 million Americans own crypto.

According to a survey conducted by the investment platform eToro in 2020, it was estimated that around 7% of Americans own some form of cryptocurrency. Another survey by CoinDesk in 2021 found that around 11% of Americans own or have owned cryptocurrency. It is important to note that these are just estimates, and the actual number of Americans who own cryptocurrency may be different.

Germany

Summary: around 9 million Germans own crypto.

According to a survey conducted by the German Central Bank in 2020, it was estimated that around 8% of Germans own some form of cryptocurrency. Another survey by the German Digital Association (BVDW) in 2021 found that around 6% of Germans own or have owned cryptocurrency.

China

Summary: around 80 million Chinese own crypto.

A survey conducted by the Beijing-based blockchain research firm Chainalysis in 2020, conducted it was estimated that around 7% of Chinese own some form of cryptocurrency. Another survey by the Chinese research firm, QuestMobile in 2021 found that around 4.5% of Chinese own or have owned cryptocurrency.

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Drake Flyer
Drake Flyer

Hi. I am a crypto enthusiat since 2018 and I love writing about it on Medium. I write about the current market situation, to expose frauds and my personal experiences in the crypto world.


Revolution is Crypto
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