Finder’s Poll Shows Vietnam Holds the Highest Percentage of Crypto Ownership Worldwide

Finder’s Cryptocurrency Ownership Report published on August 13, 2021, has some interesting findings after the researchers polled over 42K people. The survey covered 27 countries and measures crypto asset ownership.

According to the Finder poll, men are more likely than women to own a digital asset. James Edwards, Finder’s writer, explained that the gender gap in ownership is approximately six percentage points.

According to a study, 41% of Vietnamese have cryptocurrencies. The study claims that 30% of Indonesian citizens have crypto assets, while India boasts around 30%.

The research shows that Vietnam has the highest percentage of holders. However, it joins Singapore and the Philippines with the largest gender gap (9-11%). The smallest gender gap is found in New Zealand, South Korea and Portugal (1-2%).

Edwards stated that’remittance payments may have played an important role in these numbers. With cryptocurrency being an option for migrants wanting to send money home and not pay exchange fees,’ Edwards added.

The countries with the lowest amount of crypto ownership are Japan, Spain, Germany, USA, Germany and Japan

The top three countries with high ownership percentages are Malaysia (29%), South Korea (23%), Brazil (22%), Italy (21%), and Belgium (26%). The five countries with the lowest cryptocurrency ownership are Spain (12%) and Japan (11%), Germany (11%), and the United States (9%) respectively.

This contrasts sharply with the way things are described by the media. The U.S., U.K. and Japan are frequently highlighted as being hotbeds for cryptocurrency adoption. A number of South American countries are noted to have high adoption rates. Most often, they include Venezuela.

Finder’s survey doesn’t reveal Venezuela’s adoption rates, but Colombia’s is lower than Brazil’s 22%. However, Colombia’s crypto ownership percentages are around 14%. According to the Finder poll, there were approximately 1,160 and 2,511 people surveyed in each country for the ownership report.

Edwards stated that the report shows that bitcoin is still the dominant cryptocurrency despite speculations that ethereum might become the most popular. He added that Bitcoin had the highest adoption rates of any single country.