March 29, 2024

How many cryptocurrency users are there in the world?

How many cryptocurrency users are there in the world?

A study by the Cambridge Center for Alternative Finance says that about 100 million people in the world have alreadyown cryptocurrencies.

In 2018, a similar study was carried out, then it was found that about 35 million people own bitcoin and other coins.

As of the end of the third quarter of 2020up to 191 million addresses were registered on cryptocurrency exchanges. At the same time, analysts are unable to establish the number of anonymous wallets, which they indicated in their report.

The growing interest in digital currencies is evidenced by numerous surveys that are periodically conducted in a variety of countries.

The report of the Cambridge specialists notes:

«The 189% increase in the number of [crypto exchange] users can be explained by the increase in the number of accounts, which grew by 37%».

It was found that up to 40% of holderscryptocurrencies periodically show activity. The lion's share of Bitcoin (BTC) and other coin holders live in North America and Europe. Latin America and the Asia-Pacific region is also home to a large number of people who have bought digital currencies.

In its research, the Cambridge Center used both public data and the results of opinion polls.

However, the authors of the report themselves note that their research cannot be fully called objective, since it is not yet possible to obtain comprehensive information on this issue.

How many cryptocurrency users are there in the world?

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