Top 10 Countries With The Most Cryptocurrency Holders

Bitcoin and cryptocurrency adoption has grown year over year. Currently, Bitcoin hovering around $23k makes its global crypto market cap is $1.04 trillion. This brings up an obvious question. Which country is the most bullish on Bitcoin and cryptocurrency? Which country has the most crypto holders and users? Let’s start with the top 5 countries that have the most crypto holders or owners. According to Triple-A, in October 2021, India has more cryptocurrency holders than any other country, i.e., more than 100 million.

Top 5 countries with most cryptocurrency holders are the following,

  1. India 100 million
  2. USA 27 million
  3. Russia 17 million
  4. Nigeria 13 million
  5. Brazil 10 million

Top 10 Countries Cryptocurrency Holders

Let’s look at some of the demographics of crypto owners.

  • 58% of crypto holders are under 34 years of age.
  • 79% of them are male and 21% are female.
  • 82% of them have bachelor’s degree or higher.
  • 36% of them have annual income US$ 100k or more.

World’s Top 10 Crypto Countries

Millions of people in the world today owns cryptocurrency. When it comes to the percentage of population that owns cryptocurrency, Ukraine, Russia, Kenya, USA, and India are top 5 countries with following total percentage population owns crypto.

  1. Ukraine 12.73%
  2. Russia 11.91%
  3. Kenya 8.52%
  4. USA 8.31%
  5. India 7.3%

The following table shows top counties by their % population crypto owners.

Who owns the most Bitcoin?

Total bitcoin supply is 21 million. There can never be more BTC than 21 million. The most bitcoins are owned by Satoshi Nakamoto, the anonymous creator of Bitcoin, who mined more than 22,000 blocks and received more than one million BTC. That is estimated to be the single account that holds more than 1 million BTC.

Three accounts, Binance, Bitfinex, and Unknown address owns more than 100,000 BTC.

Public company Microstrategy holds about 105k BTC and Tesla holds about 43k BT as 2021.

According to Statista, United States has the most Bitcoin trading volume on exchanges followed by Russia, Nigeria, EU, and China.

Top 10 Countries with Crypto Adoption

A report published by Chainalysis shows that in past year, Vietnam, India, and Pakistan are the top countries in global crypto adoption. Here is a list of top 10 countries of crypto adoption in last year.

  1. Vietnam
  2. India
  3. Pakistan
  4. Ukraine
  5. Kenya
  6. Nigeria
  7. Venezuela
  8. USA
  9. Togo
  10. Argentina

As listed above, India now has more than 100 million people own cryptocurrency followed by United States with 27 million.

References

  • https://river.com/learn/who-owns-the-most-bitcoin/
  • https://triple-a.io/crypto-ownership/
  • Statista.com

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