Consumers from countries in Africa, Asia, and South America were most likely to be an owner of cryptocurrencies, such as Bitcoin, in 2025. This conclusion can be reached after combining ** different surveys from the Statista's Consumer Insights over the course of that year. Nearly one out of three respondents to Statista's survey in Nigeria, for instance, mentioned they either owned or use a digital coin, rather than *** out of 100 respondents in the United States. This is a significant change from a list that looks at the Bitcoin (BTC) trading volume in ** countries: There, the United States and Russia were said to have traded the highest amounts of this particular virtual coin. Nevertheless, African and Latin American countries are noticeable entries in that list too. Daily use, or an investment tool? The survey asked whether consumers either owned or used cryptocurrencies but does not specify their exact use or purpose. Some countries, however, are more likely to use digital currencies on a day-to-day basis. Nigeria increasingly uses mobile money operations to either pay in stores or to send money to family and friends. Polish consumers could buy several types of products with a cryptocurrency in 2019. Opposed to this is the country of Vietnam: Here, the use of Bitcoin and other cryptocurrencies as a payment method is forbidden. Owning some form of cryptocurrency in Vietnam as an investment is allowed, however. Which countries are more likely to invest in cryptocurrencies? Professional investors looking for a cryptocurrency-themed ETF were more often found in Europe than in the United or China, according to a survey in early 2020. Most of the largest crypto hedge fund managers with a location in Europe in 2020, were either from the United Kingdom or Switzerland - the country with the highest cryptocurrency adoption rate in Europe according to Statista's Global Consumer Survey. Whether this had changed by 2025 was not yet clear.
Between 2020 and 2023, a country ranking that estimates crypto adoption based on transaction volume consistently placed the U.S. in ********** of the world. The figure for 2022, especially, stands out as it broke a declining trend in 2021 and was likely caused by the change of the methodology to now include Decentralized Finance (DeFi) in the index. For example, the United States ranked second in the world when it comes to on-chain retail value received from DeFi protocols - or consumers who were buying certain DeFi protocols. This may refer to the growing use of OpenSea and other Web3 wallets within the U.S. particularly in the first months of 2022.
The United Kingdom was believed to be in the top ** countries in the world in 2022 regarding crypto adoption. This is according to a model based on website traffic patterns from individual websites used for cryptocurrency transactions. The UK ranks consistently in the top ** throughout the years under consideration, although its P2P activities - ranked at position ** in 2023 - seem to lower its global ranking when compared to countries from Asia.
Brazil's ranking in the world when it comes to crypto adoption based on transaction volume went down by ****places between **** and 2023. Positioned well into the top 10 countries in the world in 2023, Brazil was estimated to be the number ***** country for crypto transactions in both centralized and decentralized - such as Decentralized Finance (DeFi) - services. Brazilians used crypto noticeably more for P2P exchange, ranking at position ** out of 146 in the world in 2023.
Predictions were that **** out of 10 e-commerce vendors in India would offer cryptocurrency payment options on their website come 2024. This is according to a survey held in early 2022, asking e-commerce professionals on which payment method they are already offering and which ones they hope to either add or not add in the future. By January 2024, India did not feature in the survey. This is notable, as India had one of the highest crypto adoption rates worldwide, whereas the Netherlands was said to be more into crypto than other countries in Europe. By the latest survey in 2024, Ireland ranked as Europe's most likely country where e-commerce vendors would offer cryptocurrency as a payment method.
In 2024, the share of cryptocurrency owners in Singapore's population was estimated at **** percent. In comparison, the cyptocurrency ownership rate in India was estimated at *** percent in 2024.
Colombia's ranking in the world in terms of crypto adoption based on transaction volume declined, as the country **********************. This is according to estimates based on web traffic toward individual websites that are used to perform cryptocurrency transactions. The main area of use for crypto in Colombia is P2P exchanges. The South American country receives millions worth of remittances each year, much like Argentina.
The global user base of cryptocurrencies increased by nearly *** percent between 2018 and 2020, only to accelerate further in 2022. This is according to calculations from various sources, based on information from trading platforms and on-chain wallets. Increasing demographics might initially be attributed to a rise in the number of accounts and improvements in identification. In 2021, however, crypto adoption continued as companies like Tesla and Mastercard announced their interest in cryptocurrency. Consumers in Africa, Asia, and South America were most likely to be owners of cryptocurrencies, such as Bitcoin, in 2022. How many of these users have Bitcoin? User figures for individual cryptocurrencies are unavailable. Bitcoin, for instance, was created not to be tracked by banks and governments. What comes closest is the trading volume of Bitcoin against domestic fiat currencies. The source assumed, however, that UK residents were the most likely to make Bitcoin transactions with British pounds. This assumption might not be accurate for popular fiat currencies worldwide. Moreover, coins such as Tether or Binance Coin - referred to as "stablecoins"—are" often used to buy and sell Bitcoin. Those coins were not included in that particular statistic. Wallet usage declined Total crypto wallet downloads were significantly lower in 2022 than in 2021. The number of downloads of Coinbase, Blockchain.com, and MetaMask, among others, declined as the market hit a "crypto winter" over the year. The crypto market also suffered bad press when FTX, one of the largest crypto exchanges based on market share, collapsed in November 2022. Binance, on the other hand, regained some of the market share it had lost between September and October 2022, growing by *** percentage points in November. As of 2025, the highest forecast for the global user base of cryptocurrencies is projected to reach *** million.
In 2023, Argentina was close to reaching the top 10 of the world when it comes to crypto adoption based on transaction volume. This is according to estimates based on web traffic toward individual websites that are used to perform cryptocurrency transactions. A significant stand-out for Argentina, when compared to countries like Brazil or Mexico, is the importance of P2P exchanges. The South American country is known to receive millions worth of remittances and industry experts believe this practice impacts the use of crypto in Argentina.
The use of decentralized finance, or DeFi, was highest in countries that traded or moved large amounts of cryptocurrencies, including *******************. This is a different conclusion when compared to a country ranking on cryptocurrency ownership worldwide: consumers from developing countries were much more likely to own crypto than those from developed countries. The figures shown here might therefore suggest that in countries like the United States, China, the UK, and India, cryptocurrencies mostly receive attention from traders and institutional investors - and DeFi is meant to either get access to crypto or to move them around.
A country ranking that estimates crypto adoption based on transaction volume put Italy in the top 50 of the world for the first time in 2023. Until then, Italy's crypto adoption was considered to be relatively stable. The figure for 2022, especially, stands out as it broke a declining trend in 2021 and was likely caused by the change of the methodology to now include Decentralized Finance (DeFi) in the index. For example, Italy reached a significantly higher index score in 2022 than in 2021.
Cryptocurrency as a payment method rarely exceeded ***** percent of overall payments within a country between 2021 and 2023. This is according to multiple payment diary surveys held domestically across the world at various times. Due to the decentralized nature of cryptocurrencies—Bitcoin itself, for example, was initially created as a protest against central authorities—there is no unified approach or database to track how much the digital asset is used as a payment method. Some central banks or financial watchdogs therefore included crypto payments in their payment diary surveys. The figures above indicate that cryptocurrency payments are relatively rare, and most consumers use the asset for investment purposes.
Germany nearly entered the top 20 of countries in the world in 2023 when it comes to crypto adoption based on transaction volume. The figure for 2023 stands out in that the importance of Decentralized Finance (DeFi) in Germany declined. For both metrics covering DeFi, Germany ranked well into the top 20 of the world in 2022 - namely, position ** for cryptocurrency value received via DeFi and position ** for retail value received via DeFi. Interestingly, Germany ranked higher for decentralized services than it did for centralized services, where it ranked especially low for centralized P2P trading.
Canada is in the top 20 in the world in 2023 when it comes to crypto adoption based on transaction volume. This is according to estimates based on web traffic towards individual websites that are used to perform cryptocurrency transactions and then compared for *** countries of website traffic origin. Notable for Canada is the high ranking of decentralized websites, especially for retail. The source does not explain why this is the case, although it might have to do with the NFT craze that still existed in the early months of 2022.
In 2024, a country ranking that estimated crypto adoption based on transaction volume placed Indonesia in the top ***** of the world. Indonesia ranked ***** in the world when it comes to retail value received from DeFi protocols or consumers who were buying certain DeFi protocols.
Sweden consistently ranked low compared to other countries worldwide when it comes to crypto adoption based on transaction volume. This is according to estimates based on web traffic toward individual websites that are used to perform cryptocurrency transactions. Sweden did not have a specific main area in which it preferred to use crypto. Initial estimates showcased an interest in *** payments, but this ranking continuously declined as more research released.
Turkey observed a large gender gap when it comes to the use of cryptocurrency for payments or trading in 2020. This according to a survey held that year, which investigated a sample group that had used Bitcoin for transactions. A large majority were of this group were men. Note that the figures shown in here are different from other sources that mention Turkey as one of the leading countries worldwide in terms of crypto. Statista's own consumer surveys also lists Turkey as one of those countries. Unlike most other surveys - which focus on ownership - this particular survey seems to look at practical use, asking respondents whether they used cryptocurrencies for transactions or trading.
Crypto adoption in Peru was substantially lower than elsewhere in the world or in other countries in South America. This is according to estimates based on web traffic toward individual websites that are used to perform cryptocurrency transactions. Peru's ranking in the world declined as time went by, initially focusing on P2P exchanges as its main use for cryptocurrencies. The use of P2P is likely connected to remittances - or the sending of money back home from people working abroad - although countries such as Colombia receive millions worth of remittances each year.
According to Statista Global Consumer Survey, around ** percent of Vietnamese respondents are reported to have owned or used cryptocurrencies in 2022. Vietnam has been among the leading countries for cryptocurrency usage in recent years.
The Netherlands briefly ranked in the top 10 of the world in terms of crypto adoption based on transaction volume, but this was no longer the case in 2023. This is according to estimates based on web traffic toward individual websites that are used to perform cryptocurrency transactions. The main area of use for crypto in the Netherlands is Decentralized Finance protocols, reinforcing observations that the Netherlands mostly sees crypto as an investment tool.
Consumers from countries in Africa, Asia, and South America were most likely to be an owner of cryptocurrencies, such as Bitcoin, in 2025. This conclusion can be reached after combining ** different surveys from the Statista's Consumer Insights over the course of that year. Nearly one out of three respondents to Statista's survey in Nigeria, for instance, mentioned they either owned or use a digital coin, rather than *** out of 100 respondents in the United States. This is a significant change from a list that looks at the Bitcoin (BTC) trading volume in ** countries: There, the United States and Russia were said to have traded the highest amounts of this particular virtual coin. Nevertheless, African and Latin American countries are noticeable entries in that list too. Daily use, or an investment tool? The survey asked whether consumers either owned or used cryptocurrencies but does not specify their exact use or purpose. Some countries, however, are more likely to use digital currencies on a day-to-day basis. Nigeria increasingly uses mobile money operations to either pay in stores or to send money to family and friends. Polish consumers could buy several types of products with a cryptocurrency in 2019. Opposed to this is the country of Vietnam: Here, the use of Bitcoin and other cryptocurrencies as a payment method is forbidden. Owning some form of cryptocurrency in Vietnam as an investment is allowed, however. Which countries are more likely to invest in cryptocurrencies? Professional investors looking for a cryptocurrency-themed ETF were more often found in Europe than in the United or China, according to a survey in early 2020. Most of the largest crypto hedge fund managers with a location in Europe in 2020, were either from the United Kingdom or Switzerland - the country with the highest cryptocurrency adoption rate in Europe according to Statista's Global Consumer Survey. Whether this had changed by 2025 was not yet clear.