Crypto Adoption in Australia: Key Trends and Ownership Statistics in November 2022 According to Finder.com

The latest report from Finder's Cryptocurrency Adoption Index reveals that 3.3 million Australians own cryptocurrency, with Bitcoin being the most commonly owned asset. Men are 1.4 times more likely than women to own crypto in Australia. The report also shows that Australia ranks 9th globally for crypto adoption and has a higher ownership rate than the global average. This article delves into the key trends and ownership statistics in Australia for November 2022, including the ownership of popular cryptocurrencies like Ethereum, Dogecoin, and Cardano.

Finder’s Cryptocurrency Adoption Index regularly surveys internet users in 26 countries to track the global growth of cryptocurrencies. The November 2022 report shows the last in the series of released data.

In the November 2022 report, Finder's survey found that 3.3 million Australians own cryptocurrency, with men being 1.4 times more likely than women to own it. Bitcoin is the most commonly owned cryptocurrency among Aussies, with 59% of owners having BTC.

Australia ranks 9th globally for crypto adoption, with a 17% ownership rate that is higher than the global average of 15%. India leads with 29%, while Germany is at the bottom with 6%. Among the surveyed Australians, 10% own Bitcoin, 8% own Ethereum, 3% own Dogecoin, and 3% own Cardano.

Globally, Bitcoin ownership has increased to 36%, while Ethereum is owned by 24% of crypto owners. In Australia, however, 46% of crypto owners have Ethereum, which is well above the global average. Dogecoin ownership is also higher in Australia, with 21% of crypto owners holding the asset.

Men in Australia are more likely than women to own cryptocurrency, with 59% of owners being male and 41% being female. This gender gap is present in other countries, with the United Kingdom having the widest gap at 75% male ownership.

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