Cryptocurrency
Ownership DataLearn about Cryptocurrency Adoption across
the globe: Trends, Insights and StatisticsGlobal cryptocurrency adoption
Cryptocurrency adoption is growing around the world. As a leading cryptocurrency payments company, we strive to offer key statistics to help businesses better understand the cryptocurrency market—how you can reach untapped markets and grow your business. As of 2024, we estimated global cryptocurrency ownership rates at an average of 6.8%, with over 560 million cryptocurrencies users worldwide.
Leading Countries by Crypto Ownership Percentage
UAE
![](/src/lib/images/united-arab-emirates.webp)
25.3%
Singapore
![](/src/lib/images/sg-circle.webp)
24.4%
Türkiye
![](/src/lib/images/tr-circle.webp)
19.3%
Argentina
![](/src/lib/images/circle-flag-of-argentina.webp)
18.9%
Owners Demographics
61%
Male
39%
Female
US$25,000
is the annual income of the average cryptocurrencies owner
71%
have a Bachelor’s degree or higher
72%
are aged under 34
Cryptocurrency ownership data
Country | Data Year | Population | Ownership | Ownership Percentage | Report |
---|---|---|---|---|---|
India | 2023 | 1,428,627,663 | 93,537,015 | 1,428,627,663 | View Report |
China | 2023 | 1,425,671,352 | 59,134,683 | 1,425,671,352 | View Report |
United States | 2023 | 339,996,563 | 52,888,108 | 339,996,563 | View Report |
Vietnam | 2023 | 98,858,950 | 20,945,706 | 98,858,950 | View Report |
Pakistan | 2023 | 240,485,658 | 15,879,216 | 240,485,658 | View Report |
Philippines | 2023 | 117,337,368 | 15,761,549 | 117,337,368 | View Report |
Brazil | 2023 | 216,422,446 | 25,955,176 | 216,422,446 | View Report |
Nigeria | 2023 | 223,804,632 | 13,261,259 | 223,804,632 | View Report |
Iran | 2023 | 89,172,767 | 12,000,000 | 89,172,767 | |
Indonesia | 2023 | 277,534,122 | 12,205,132 | 277,534,122 | View Report |
Cryptocurrency’s Rapid Growth: A Five-Year Surge
With a compound annual growth rate (CAGR) of 99%, the growth in ownership of cryptocurrencies far exceeds the growth rates of traditional payment methods, which average at 8% from 2018 to 2023. In fact, within the same period, the growth rate for cryptocurrency ownership surpasses that of several payment giants such as American Express.
![](/src/lib/images/growth.webp)
Source: Paypal, Visa, Mastercard, Amrerican Express
Cryptocurrency across industries
E-Commerce
Luxury
Remittance
Gaming
85%
More than 85% of US merchants view enabling cryptocurrencies payments as a high priority
327%
Merchants who accepted cryptocurrencies payments saw an average ROI of 327% and an increase of up to 40% of new customers
$250
Customers who use cryptocurrency spend about $250 more per transaction on average than what the average customer spends
Download Our Report: The State of Global Cryptocurrency Ownership in 2024
Get the latest insights on digital currency ownership in our full report and discover the strategies driving success in this exciting new market!
![](/src/lib/images/140524-Triple-A-Global-Crypto-Currency-Adoption-Report-Kais-edit-v2-1-724x1024.png)
About the Methodology
For the latest TripleA Global Cryptocurrencies Ownership data, TripleA utilized the
following metrics: (i) Country Weighted Scoring, (ii) Global Weighted Scoring, (iii)
Outlier Research and (iv) Primary Data Collection to obtain the most encompassing and
accurate set of statistics in conjunction with the various data sources that we evaluate.
i. Country Weighted Scoring
Our ownership data is derived based on the report “The Chainalysis 2022 Geography of
Cryptocurrency Report” in which each country is given a score based on 3 factors:
(1) the country on-chain cryptocurrency value received, (2) the country on-chain retail
value received, and (3) the Peer-to-Peer exchange trade volume
Our number of users per country estimations are based on Canada’s score and a recent
Central Bank of Canada report, which estimates that 5% of the Canadian population own
cryptocurrencies. In order to estimated for all the countries, we calculated the
correlation between the Chainalysis score (=0.196) and the Central Bank ownership = 5% and
then applied the same rationale to other countries’ scores.
ii. Global Weighted Scoring For reports with findings on global cryptocurrency ownership,
our number of users per country estimations are then based on the global data findings
from the report. For example, in a recent University of Cambridge report which estimates
that 1.83% of the worldwide population own cryptocurrencies, we applied the data across
all countries to obtain the cryptocurrency ownership findings.
iii. Outlier Research For the specified countries: (a) China, and (b) India, in-depth
research and data sampling was conducted due to the inherent nature (i.e large population
size) of these countries that resulted in less accurate findings based on the above 2
approaches. Data collected from third-party providers and local TripleA data is then
evaluated to obtain a more precise figure for the specified countries.
iv. Primary Data Collection TripleA has recently embarked on market research projects for
select countries and we will be gradually expanding the scope of countries. Ownership
results from the market research are representative of the national population of each
country and are used in the evaluation and benchmarking along with the other methodologies
utilizing secondary data sources.
The dataset from TripleA was supplemented with additional research and web scraping using
commonly applied methodologies. Furthermore, publicly available data from a variety of
sources was used to complement survey data. Utilizing data that are crunched with numerous
criterias, various databases and significantly different factors, the processed data and
findings are then weighed and analysed against each other based on the following
benchmarks (i) Time of Publishing (ii) Scope and Scale of Survey (iii) Internet
Penetration Rate for selected big, developing countries (iv) to obtain a finalised
ownership number specific to each country. Hence, TripleA believes that our benchmarking
study accurately captures the global economic activity in the cryptocurrencies asset
industry.
A total of 16 reports and surveys were included and weighted to derive at our final
numbers. These sources include:
- FCA UK
- PYMNTS
- PSYMA
- Finder
- Finder Cryptocurrencies Report
- RBK Russia
- Gallup
- University of Cambridge
- Cryptocurrencies.com
- Bank of America
- Gemini
- NORC
- IFOP
- Statista
- Willy Woo
The data contained or reflected herein are proprietary of Triple-A.
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