On Friday, the product comparison website Finder published the
company’s August Cryptocurrency Ownership Report, which surveyed 42,040
citizens across 27 countries. The report ranks countries by digital
currency adoption and it shows regions like Vietnam, Indonesia and India
have the highest number of people who reported owning cryptocurrency.
In Terms of Crypto Ownership Vietnam, Indonesia, and India Rule the Roost
Finder’s Cryptocurrency Ownership Report
published on August 13, 2021, has some interesting findings after the
researchers polled over 42K people. Basically the researchers measured
crypto asset ownership from people in each country and the survey covers
a total of 27 countries.
According to the Finder’s poll, men are more likely to own a digital
asset in every country covered in the survey. The gender gap between
ownership is around six percentage points, the writer at Finder, James
Edwards detailed in the report.
The largest amount of crypto ownership stems from Vietnam as the
study claims 41% of Vietnamese own cryptocurrencies. In Indonesia, 30%
of citizens own crypto assets and India has around 30% as well.
While Vietnam boasts the largest percentage of holders, the country
joins Singapore, the Philippines, and Ireland with the largest gender
gap (9-11%), the research highlights. Meanwhile, Portugal, South Korea,
and New Zealand command the smallest gender gap (1-2%).
“Remittance payment may have played a significant role in these
numbers, with cryptocurrency an option for migrants who want to send
money home and avoid exchange fees,” Edwards wrote.
Spain, UK, US, Germany, and Japan Show the Least Amount of Crypto Ownership
Following the top three countries with large ownership percentages,
Malaysia (29%), the Philippines (28%), Belgium (26%), Hong Kong (26%),
South Korea (23%), Brazil (22%), and Italy (21%) follow respectively.
The last five countries in the list of 27, that show the least amount of
cryptocurrency ownership, include Spain (12%), Japan (11%), Germany
(11%), the United States (9%), and the United Kingdom (8%).
This is a stark contrast to the way things are described in the
media, as the U.S., U.K., and Japan are often highlighted as hotbeds of
cryptocurrency adoption. Meanwhile, a number of countries in South
America are often noted as having high adoption rates, typically naming
Venezuela.
Finder’s survey does not disclose adoption levels in Venezuela but
below Brazil’s 22%, Colombia shows it has around 14% in terms of crypto
ownership percentages. The Finder poll indicates that for all 27
countries, roughly 1,160 and 2,511 citizens per country were surveyed
for the ownership report.
“The report reveals that bitcoin still reigns supreme despite
speculation that ethereum could become the most widely transacted
cryptocurrency,” Edwards said. “Bitcoin had the highest adoption rates
in every single country,” he added.
source link : https://news.bitcoin.com/finders-poll-shows-vietnam-holds-the-highest-percentage-of-crypto-ownership-worldwide/
