Cryptocurrency adoption and trends in Netherlands in 2021
It is estimated that over 520 thousand people, 3.04% of Netherlands’ total population, currently own cryptocurrency.
A survey about which types of cryptocurrencies are owned by consumers in the Netherlands as of February 2018 showed thatapproximately 70 percent of the respondents indicated they owned Bitcoin. Ethereum, another well-known cryptocurrency, was owned by 33 percent of the respondents. Bitcoin is a so-called cryptocurrency, a digital currency that uses blockchain technology as a means of security. Because of its design, it is difficult to get an insight in the full size of the Bitcoin market in individual countries. Because Bitcoin and other cryptocurrencies reached the news often in 2017, approximately 60 percent of the households in the Netherlands who invest in cryptocurrencies started doing so in 2017. In the first three quarters of 2017, there were approximately 44,000 transactions in Bitcoin from the Netherlands on a trading platform called BTC Direct. In addition, Belgium and the Netherlands have several Bitcoin ATM installations.