These 10 Countries With the Highest Cryptocurrency Ownership

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Dzulfiqar Fathur Rahman 22/08/2022 16:20 WIB

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Turkey, Argentina, South Africa, Thailand, and the Philippines had the largest proportions of respondents owning cryptocurrency in July, according to We Are Social.

Percentage of Internet Users Owning Cryptocurrency, Top 10 Countries (July 2022)

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Percentage of Internet Users Owning Cryptocurrency, Top 10 Countries (July 2022)

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Cryptocurrency remains an attractive financial instrument for some, despite the drastic devaluation of several assets recently.

According to We Are Social, Turkey has the highest percentage of cryptocurrency owners in the world. Approximately 24.7% of internet users aged 16 to 24 in Turkey reported owning cryptocurrency.

Following Turkey are Argentina (23.6%), South Africa (21.8%), Thailand (21.3%), and the Philippines (21.1%). Globally, 12.1% of internet users reported owning cryptocurrency. The lowest percentage of internet users owning these assets was recorded in Morocco, at 3.7%.

In Indonesia, approximately 18.4% of internet users reported owning cryptocurrency.

The cryptocurrency market itself is experiencing a downturn. The value of Bitcoin, for example, had fallen 53.47% by Monday morning, August 22, 2022, from the beginning of the year.

Editor : Annissa Mutia

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."