By Dubai, United Arab Emirates – March 13, 2023 (Investorideas.com Newswire) Vietnam ranks as the most Cryptocurrency-obsessed county in the world with majority of ownership being Bitcoin, according to a new study analyzing crypto ownership percentages per country.
Cryptocurrency betting experts cryptobetting.org obtained data on Crypto ownership per country. The data shows that the majority of Cryptocurrency ownership across the world is in popular Cryptocoin Bitcoin. Below is a ranking of the top ten countries with the highest ownership of Cryptocurrency.
1. Vietnam – 26.00%
According to the data, a significant percentage of the Vietnamese population has invested in cryptocurrency, with Bitcoin being the most popular option. Specifically, 26.00% of Vietnam’s population has invested in cryptocurrency at some point, making it the country with the highest percentage of crypto investors worldwide. This statistic highlights the increasing interest in and adoption of digital currencies in Vietnam, which can be attributed to factors such as the country’s growing economy and the ease of access to crypto trading platforms. It also suggests that Vietnam may be an attractive market for businesses and investors looking to expand their operations in the cryptocurrency space.
2. United States – 13.22%
The data has shown that a significant number of Americans have invested in cryptocurrency, with Bitcoin being the most popular choice. Specifically, 13.22% of the US population has invested in digital currencies at some point, placing the country in the second spot globally. This suggests that there is a growing interest in cryptocurrency among Americans. The fact that over 13.22% of Americans have invested in cryptocurrency highlights its growing mainstream acceptance and suggests that it may become an increasingly important part of the country’s financial landscape in the years to come.
3. Philippines – 13.00%
Data has revealed that a significant proportion of Filipinos have invested in cryptocurrency, with Bitcoin being the most popular choice. Specifically, 13.00% of the Philippines’ population has invested in digital currencies at some point, ranking the country as the third globally with the highest number of cryptocurrency investors. This statistic indicates that the use of digital currencies is gaining traction in the Philippines.
4. India – 11.50%
A significant percentage of the Indian population has invested in cryptocurrency, with Bitcoin being the most popular option. Specifically, 11.50% of India’s population has invested in digital currencies at some point, placing the country fourth globally in terms of cryptocurrency adoption. Given India’s enormous population, this represents a large number of individuals who have embraced the use of digital currencies. Possible reasons for this trend include a growing interest in alternative investments and a relatively young and tech-savvy population.
5. Singapore – 11.00%
Recent data has revealed that a significant number of Singaporeans have invested in cryptocurrency, with Bitcoin being the most popular option. Specifically, 11.00% of the country’s population has invested in digital currencies at some point, placing Singapore as the fifth globally in terms of cryptocurrency adoption. Despite its small size, Singapore is known for its highly developed financial industry, and its residents are increasingly exploring new investment opportunities, including cryptocurrencies. Moreover, the government has been supportive of the development of the fintech industry and has taken a progressive stance on cryptocurrency regulation, which could be contributing to the growing interest in digital currencies among Singaporeans. Overall, the fact that over 11% of Singaporeans have invested in cryptocurrency suggests that the country is becoming a key player in the global crypto landscape, with the potential to attract more businesses and investors in the years to come.
Where do the other countries place on the list?
Ukraine places sixth on the list and is the European country with the highest ownership in Bitcoin, rounding out the top ten is Venezuela, South Africa, Thailand and Brazil.
Commenting on the findings, a spokesperson for cryptobetting.org said: “Bitcoin is by far the most popular cryptocurrency across the world, this piece ranks Cryptocurrency ownership across the globe. While it was expected that the United States would place on the list, It’s interesting to see that four of the five countries are all from the continent of Asia.”
The study was conducted by cryptobetting.org, which specialises in reviewing cryptocurrency betting websites.
If you would like to see the published study, please click here https://cryptobetting.org/blog/countries-with-highest-interest-in-bitcoin/
Country
Ownership percentage
Vietnam
26.00%
United States
13.22%
Philippines
13.00%
India
11.50%
Singapore
11.00%
Ukraine
10.30%
Venezuela
10.30%
South Africa
10.00%
Thailand
9.30%
Brazil
8.30%
Sources: TripleA Global Crypto Ownership data.
For more information please contact Mohsin Hanif mohsin.hanif@journoresearch.org
credit to cryptobetting.org.
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