Countries With The Highest Rates Of Crypto Ownership (Poll)

[Sim_card]

I am not surprised seeing the UAE at the top most of the rankings with respect to crypto ownership globally based on OP analysis and write up here. From the onset, the UAE government have set up crypto friendly policies which is favourable for crypto enthusiasts all round the world and for that singular act, people have begun to visit the country for a safe haven for the time being. This alone have made UAE the top most  countries individuals would like to visit and so far they have all the human resources coupled with the fact that you

UAE is one of the best country for tourism and that is why you see that visitors from all over the world are going there, and since the government made the country a crypto friendly place for easy transactions, that has triggered more visitors to pump into the country for their own personal purposes. Such a place should indeed have the highest crypto owners.

[Peter90]

I slightly messed up the poll...

I was trying to improve the order in the list, and in doing so South Asia now has 0 votes, and the vote of South Asia is gone to West Europe.
West Europe should have only 1 vote - and you know him 

Sorry South Asia!
My bad

[Lucius]

30.4% percent? It's crazy high and that means you could talk about cryptocurrency to stranger as conversation starter. Although it's a shame the article doesn't mention how they obtain the number/percentage, which makes me question it's accuracy.

When you look at the fact that, apart from Ukraine, there is not a single other country from Europe that has some of the countries with the highest purchasing power and, accordingly, they certainly have a significant share of people who own cryptocurrencies. This is obviously a very limited survey conducted by a payment processor that apparently generates clients from those countries.

It is always interesting to see China in the top 10 countries when it comes to cryptocurrencies, considering that they banned them some 7-8 years ago. However, for me, a much more significant research would be to get data on where, for example, Bitcoin is mostly used as a cryptocurrency, and not as an investment.

[Baofeng]

30.4% percent? It's crazy high and that means you could talk about cryptocurrency to stranger as conversation starter. Although it's a shame the article doesn't mention how they obtain the number/percentage, which makes me question it's accuracy.

When you look at the fact that, apart from Ukraine, there is not a single other country from Europe that has some of the countries with the highest purchasing power and, accordingly, they certainly have a significant share of people who own cryptocurrencies. This is obviously a very limited survey conducted by a payment processor that apparently generates clients from those countries.

It is always interesting to see China in the top 10 countries when it comes to cryptocurrencies, considering that they banned them some 7-8 years ago. However, for me, a much more significant research would be to get data on where, for example, Bitcoin is mostly used as a cryptocurrency, and not as an investment.

Perhaps there are investors from China who chooses to keep their Bitcoin or some altcoins. Before the total ban, it's more on them going after altcoin if I remember around 2017-2019 era, Bitcoin was not even in their top crypto if I remember it correctly. They have some altcoins that has been developed by the Chinese that is on the top. Now, it's really hard to gauge the data as the game really change already with institutions and whales are into investment with all the ETF's and other instruments and future contracts.

[Rubel007]

This graphic ranks the top 10 countries by their rate of cryptocurrency ownership, which is the percentage of the population that owns crypto.
These figures come from crypto payment gateway, Triple-A, and are as of 2023.

The UAE Takes the Top Spot

The United Arab Emirates (UAE) boasts the highest rates of crypto ownership globally. The country’s government is considered to be very crypto friendly, as described in Henley & Partners’ Crypto Wealth Report 2023:
In the UAE, the Financial Services Regulatory Authority (FSRA-ADGM) was the first to provide rules and regulations regarding cryptocurrency purchasing and selling.
The Emirates are generally very open to new technologies and have proposed zero taxes for crypto owners and businesses.

UAE will lead the crypto space and they are quite enthusiast of crypto. They are providing maximum facility to use crypto currency for all foreign nationals of that country. UAE is an open door for those who want to build their career in crypto. Moreover, the country's government has also announced that they want to see the country as a hub for crypto. Whatever percentage of crypto usage they currently have, I'm sure they'll be able to make a big change in that position in the next few years.

[MUGNIA]

I thought my country was in the top 10 countries with the highest crypto ownership, but it's not, maybe I need to look in what order Asia is in,

[Peter90]

I thought my country was in the top 10 countries with the highest crypto ownership, but it's not, maybe I need to look in what order Asia is in,

When voting in the poll, use this map

[Lucius]

Perhaps there are investors from China who chooses to keep their Bitcoin or some altcoins. Before the total ban, it's more on them going after altcoin if I remember around 2017-2019 era, Bitcoin was not even in their top crypto if I remember it correctly. They have some altcoins that has been developed by the Chinese that is on the top. Now, it's really hard to gauge the data as the game really change already with institutions and whales are into investment with all the ETF's and other instruments and future contracts.

I've seen a lot of different research over the years and it always seemed strange to me that the top countries in terms of "crypto adaptation" are those where there are some kind of bans regarding cryptocurrencies. However, it should probably be taken into account that a country that is quite crypto friendly but has less than 5 million inhabitants may have fewer crypto "users" than a country where cryptocurrencies are partially or completely banned, but that country has a very large population.

As I already wrote, the countries where there are the most people who own cryptocurrencies and the countries that have the most physical and online stores where it is possible to pay with cryptocurrencies are something completely different.

[Peter90]

Although it's a shame the article doesn't mention how they obtain the number/percentage, which makes me question it's accuracy.

Although it's a shame some people can't read
--snip---

You're right, i stand corrected. Anyway, their methodology looks rather complex and they even combine 16 different report/survey. So at very least, i don't think they're faking the number.

Thanks ABC
since the day I was heavily accused of spreading fake news I'm a little touchy when someone questions the accuracy of what I write.


About this Triple-A website
I'm not going to bet my mother over their figures but I find they crunch numbers more than most surveys/articles about the same subject (Countries With The Highest Rates Of Crypto Ownership) that I occasionally met in the past.
If you have something better about the subject, feel free to let us know.