About
Newsroom
Careers
Crypto Ownership Data
Blog
White Paper
Support
API Documentation
Exchange Rate
Vietnam
Cryptocurrency information about Vietnam
How many crypto owners in Vietnam?
It is estimated that over 5.9 million people, 6.1% of Vietnam’s total population, currently own cryptocurrency.(1)
Vietnam – potential global crypto hub?
Vietnam ranked second in the world for the value of retail and all on-chain cryptocurrency transactions, ahead of countries such as USA, China and Russia. In addition, access from Vietnam to cryptocurrency websites and trading platforms were in the top five highest in the world.(2)
Are Vietnamese open to crypto?
More than half of Vietnamese (59%) expressed interest in investing in cryptocurrencies in the future while 31% said that they would use crypto for online payments. In addition, there was a high level of awareness (82%) and understanding (62% had some level of understanding) of cryptocurrencies.(3)
Crypto’s rising popularity in Vietnam
- SGGP: Vietnam has second highest rate of cryptocurrency use – April 2021
Out of 74 countries in the Statista Global Consumer Survey, the second highest rate of cryptocurrency use in the survey was recorded in Vietnam while Nigerians were the most likely to say they used or owned cryptocurrency. There has been a recent boom of cryptocurrencies (bitcoin) in Vietnam as investors realize the potential of this currency, while the government and experts have constantly been warning of possible risks, including Cybercrime. Cryptocurrency has not been recognized as a legitimate means of payment in Vietnam. - VietnamPlus: Vietnam to set up research group on cryptocurrency… – May 2020
The research group will help the country stay abreast of new developments within the rapidly evolving blockchain sector. - AsiaBlockChainReview: Outlook for Vietnam’s blockchain and crypto industries… – February 2020
The Vietnamese government has made clear its intentions to provide comprehensive support for the use of digital technologies in the country. - Binance: Binance adds peer-to-peer trading for Vietnamese Dong… – January 2020
Binance commented that Vietnam has enormous economic growth potential and wide cryptocurrency acceptance, making it the next global blockchain hub.
Member of
© TripleA. 2023. All Rights Reserved.
