April 24, 2024

Already 20% of Australians own cryptocurrency

Almost 20% of Australians now own digital currencies, according to survey results.conducted by the local crypto exchange Independent Reserve.

At the same time, more than 90% of respondents said thatknow about the existence of bitcoin and other virtual coins. At the moment, almost 91.5% of the country's population is aware of the existence of cryptocurrency. The most popular coins remain bitcoin and ether.

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BTC is much more popular than any altcoin, among which not only Ethereum stands out, but also EOS, XRP, and Litecoin.

Approximately 7.8% of respondents said they knew aboutthe existence of the DeFi decentralized finance market. Among the younger generation of Australians (18-24 years old), 14.4% of respondents admitted that they have already bought the tokens of this ecosystem.

18.5% of the country's citizens own various digitalassets, 42.7% of them admitted that in 2020 they received a good return on investments in bitcoin and other coins. As in the past year, the largest share of cryptocurrency holders is among people aged 25 to 34.

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