of Canadians
own cryptocurrency
It is estimated that over 1.2 million people, 3.2% of Canada’s total population, currently own cryptocurrency.(¹)
As of 1st June 2020, cryptocurrency exchanges and payment processors are legally recognized as Money Service Businesses (MSB) within Canada.(2)
More Canadian men (19.45%) had bought cryptocurrency than women (14.10%). Additionally, millennials are the largest group of crypto owners in Canada, with 31.68% of millennials owning cryptocurrency.(3)
Canada’s domestic survey on Bitcoin ownership – of which the latest edition was released in late 2019 – revealed a growth among people ages 35 and up. Not only was there are growth of 1.7 percentage in the age group of 35-to 54-year-olds, there was also a noticeable increase in the oldest age group was observed. No newer figures were available for 2020 or 2021: The period that the price of Bitcoin started the climb towards a value of 60,000 U.S. dollars.(4)
Age groups who own a cryptocurrency in Canada from 2016 to 2018:
