Australia Has Third Highest Rate of Crypto Adoption in the World

Finder, a global comparison platform, publishes the Cryptocurrency Adoption Index. The 2021 Cryptocurrency Adoption Index was published, and Nigeria has come right up top. 24% of Nigerians own cryptocurrencies, followed by Malaysia (18%) and Australia(17.7%).

India stands at 7th place, where 15 per cent of the population owns cryptocurrency.

Nearly 1 in 5 adults in Australia own some crypto, and Bitcoin is the most popular coin as 65.2% of Australians owns it. Ethereum is the second-most popular coin with 42.1%, Cardano’s comes in third at 26.4%, and Doge goes 4th.

Some more interesting findings from the survey:

• A little over 1 in 10 (11.4%) adults own crypto globally.

• Japan has the lowest adoption, with only 4.6% of adults saying they own any cryptocurrency.

• Globally, men are 1.4 times more likely to own cryptocurrency than women.

• Nigeria, Malaysia and Australia have the highest rates of cryptocurrency ownership among internet users, with the US ranking in 10th place.

“Australian’s love to gamble. They are also super savvy in terms of finance. Banking in Australia is really smooth and super easy to withdraw and deposit,” says Finder CEO Fred Schebesta