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New research has revealed Nigeria has the 4th most crypto owners in the world.

A new global study from CoinJournal reveals the countries that have had the most success in the cryptocurrency industry looking at factors including the number of owners, crypto gains and number of companies and start-ups.

You can find the results here: https://coinjournal.net/research-center/most-successful-crypto-countries/

RELATED: Coinbase adds 19m verified users in 2022 despite crashing crypto markets

The 10 countries with the most crypto owners:

 

Rank

Country

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Crypto owners

% of population

Crypto owner score/10

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1

United States

46,020,521

13.74%

9.94

2

Vietnam

20,210,834

20.27%

9.87

3

Pakistan

26,457,317

11.50%

9.78

4

Nigeria

22,332,791

10.34%

9.72

5

South Africa

7,712,116

12.45%

9.62

6

Brazil

16,652,150

7.75%

9.52

7

Kenya

6,101,599

11.60%

9.49

8

Philippines

6,986,919

6.13%

9.27

9

Thailand

4,332,129

6.47%

9.17

10

Indonesia

12,237,009

4.45%

9.14

  • The United States had by far the largest number of crypto owners, with over 46 million active traders of cryptocurrency in the country as of 2021. There was a total of 13.74% of the US population involved in crypto.

  • Vietnam came in second place for the highest number of crypto owners by country, with over 20 million active traders of cryptocurrency in 2021. There was also a higher percentage of the population involved in crypto than in the US (20.27%).

  • Pakistan ranked in third place for the countries with the highest number of cryptocurrency owners, with almost 26.5 million active traders in the country. Pakistan had a lower percentage of the population involved in crypto than Vietnam and the US (11.5%).

Key findings:
  • Countries saw a considerable increase in crypto gains last year with the US experiencing a 476% increase in gains while the UK and Germany had increases of 431% and 423% respectively.

  • The USA has the most crypto companies at over 4,600, however, the tiny island of Singapore comes in 2nd with 643.

  • Estonia has the 3rd most crypto startups in the world, behind the US and UK, with 406.

You can find the full list of countries by clicking here.
COVER IMAGE: PYMNTS.com

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