Ukraine Tops the List
Global Crypto Ownership
Rank |
Country |
% of the population holding crypto |
1 |
Ukraine |
12.73% |
2 |
Russia |
11.91% |
3 |
Kenya |
8.52% |
4 |
United States |
8.31% |
5 |
India |
7.30% |
6 |
South Africa |
7.11% |
7 |
Nigeria |
6.31% |
8 |
Thailand |
5.20% |
9 |
United Kingdom |
4.95% |
10 |
Brazil |
4.88% |
Leading Countries for Crypto Ownership
Russia and Kenya also came in the top three with 11.91% and 8.52% of their populations holding cryptocurrency respectively. In the U.S. 8.31% of the population are crypto owners with more than 27 million people in the country holding a cryptocurrency.
Crypto Awareness Score
The research assessed a range of factors, including cryptocurrency-related searches and home countries of BrokerChooser Users before assigning countries a crypto awareness score (out of 10).
Ukraine scored highest with a score of 7.97, closely followed by Russia who had a score of 7.46.
In third place was the US with a score of 6.03. The US has received a lot of press regarding their involvement with cryptocurrencies with Elon Musk becoming a household name for cryptocurrency traders around the world.
The UK received a score of 4.54, not dissimilar from that of Nigeria (4.24), India (4.39) and South Africa (4.82).
Emerging Market
Cryptocurrency trading is going from strength to strength, garnering more and more usage around the world. As awareness for cryptocurrencies increases, the figures found in the study can only look to grow over the coming years as cryptocurrency becomes more ubiquitous.
The growth has been rapid. In 2015, PwC carried out a Consumer Cryptocurrency Survey which found that only 6% of respondents identified as being “very” or “extremely” familiar with cryptocurrencies, leaving a staggering 83% in the dark when it comes to cryptocurrencies. Knowledge since then has increased exponentially.
This dramatic change in six years provides a good indication of how knowledge and awareness of cryptocurrencies is set to grow in the next 5-6 years.