Cryptocurrency

The number of cryptocurrency owners in the U.S.

The information about digital currencies is available even in remote areas thanks to the Internet. However, it is interesting to have a look at the number of cryptocurrency owners around the world. It will be hard to say how many people own digital currencies in every country due to various factors.

Nevertheless, an Australia-based financial services firm called Finder decided to learn more about U.S. cryptocurrency owners. They conducted a survey to identify crypto owners as well, which digital currency they own etc.  More than 2,000 Americans participated in the survey, more precisely 2,068.

This survey helps to learn more about the demographics of digital currency owners. For example, according to the survey, out of 2,000 participants who said that they own cryptocurrency, 19% are men. Only 10% of women are crypto owners. The digital currencies have a huge potential to attract new owners and to increase the number of women in this industry.

Another important information is that among the participants, the number of “crypto polygamists” is quite high. Let’s explain what the definition of “crypto polygamists” means that a person owns two or more different cryptocurrencies. It is an interesting fact that 55.4% of Bitcoin owners said that they are crypto polygamists.

According to Finder, the number of cryptocurrency owners nearly doubled in 2019. At the moment, 14.4% of U.S. citizens own digital currencies. It will take multiple studies to confirm this fact. However, it is hard not to agree that the number of owners increased during the last several years.

It is also interesting information that 61% of respondents bought digital currencies for investment purposes.

The cryptocurrency market in Japan

Another news connected to digital currencies comes from Japan. Huobi Japan, which is a subsidiary of Singapore-based crypto exchange Huobi raised funds from Financial Products Group. The Houbi Japan raised 5 million yen or $.6 million from this group.

It is worth mentioning that Huobi Japan is a licensed crypto exchange in Japan. It is one of only 16 licensed crypto exchanges in the country. Huobi Japan received a license to operate a crypto exchange from Japanese authorities.

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Published by
John Marley

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