In this article, we take a look at the 5 countries with the highest cryptocurrency adoption. If you would like to read our detailed analysis of the cryptocurrency industry, you can go to the 20 Countries with the Highest Cryptocurrency Adoption.
5. Vietnam
Total Population as of 2023: 98.8 Million
Percentage of the Total Population that Owns Crypto in 2023: 21.19%
Number of People that Own Crypto: 20,945,706
Around 20 million of Vietnam’s residents own some type of cryptocurrency, earning the country a good fifth spot on our list. As of 2022, around 70% of the country’s digital currency owners are between the ages of 18 and 34, showing a vast disparity between the contrasts in the interests of different generations.
4. Brazil
Total Population as of 2023: 216.4 Million
Percentage of the Total Population that Owns Crypto in 2023: 11.99%
Number of People that Own Crypto: 25,955,176
Brazil ranks fourth in our list of countries with the highest crypto adoption, and is amongst the friendliest countries in the world when it comes to the use of crypto. This is one of the primary reasons why the country has seen a significant increase in crypto adoption over a year.
3. United States
Total Population as of 2023: 339.9 Million
Percentage of the Total Population that Owns Crypto in 2023: 15.56%
Number of People that Own Crypto: 52,888,108
The United States ranks third on our list of countries with highest crypto adoption, with most crypto owners in the 18-34 age bracket. About 15.56% of people in the country own some kind of cryptocurrency from among a total population of 333.9 million.
2. China
Total Population as of 2023: 1.425 Billion
Percentage of the Total Population that Owns Crypto in 2023: 4.15%
Number of People that Own Crypto: 59,134,683
About 5.5% of China’s gigantic population of 1.42 billion own cryptocurrency as of 2023. The country is placed second on our list of countries with the highest crypto adoption. The numbers have increased to 59 million in 2023, showing a positive crypto adoption in the country.
1. India
Total Population as of 2023: 1.428 Billion
Percentage of the Total Population that Owns Crypto in 2023: 6.55%
Number of People that Own Crypto: 93,537,015
India tops the charts regarding the highest cryptocurrency adoption in the world, with around 93.5 million people from its population of 1.42 billion owning cryptocurrency as of 2023. Despite the Indian government’s inclinations to impose a flat-out ban on the trading and use of digital currencies, the country has taken hold of the first spot in our index rating due to its population’s increasing interest in digital currencies backed by a thriving IT industry.
You can also take a look at 25 Most Valuable Tech Companies Outside The US and 20 Most Overpriced Housing Markets in America.
