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Kenya ranks 12th for cryptocurrency ownership out of 27 countries

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16% of Kenyan adult internet users, an estimated 4.8 million people, own cryptocurrency, according to Finder.com’s latest Cryptocurrency Adoption Index which is based on an online survey of 52,883 people across 27 countries.

This is slightly higher than the global average of 15%, with Kenya ranking 12th out of the countries included in the study. Cryptocurrency ownership in Kenya is behind countries like Nigeria (21%) and Ghana (17%), but ahead of countries like Argentina, Mexico, and Venezuela (15% each) and Brazil (14%).

Bitcoin is still the most popular coin to have (9%), followed by Ethereum and Dogecoin (3% each).

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Vietnam has the most cryptocurrency owners (29%), followed by India and Australia (23% each), and Indonesia (22%). On the other end of the spectrum, Japan and the UK have the fewest crypto owners (6% each), followed by Germany (8%).

You can read the full report here: https://www.finder.com/ke/finder-cryptocurrency-adoption-index

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Percentage of adults who own cryptocurrency:

  1. Vietnam: 29%
  2. India: 23%
  3. Australia: 23%
  4. Indonesia: 22%
  5. Philippines: 22%
  6. Nigeria: 21%
  7. Malaysia: 20%
  8. Russia: 20%
  9. Ghana: 17%
  10. Hong Kong: 16%
  11. Singapore: 16%
  12. Kenya: 16%
  13. Argentina: 15%
  14. Mexico: 15%
  15. Venezuela: 15%
  16. Colombia: 14%
  17. Brazil: 14%
  18. Norway: 13%
  19. Canada: 13%
  20. Ireland: 12%
  21. South Africa: 11%
  22. United States: 10%
  23. Sweden: 10%
  24. New Zealand: 9%
  25. Germany: 8%
  26. United Kingdom: 6%
  27. Japan: 6%
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Sam Wakoba
Sam Wakobahttp://techmoran.com
Taking you on tour through Africa's tech and business ecosystem, one story at a time since 2010! Based out of Nairobi, Kenya, Sam is the founder and managing director of Moran Media, which runs  TechMoran.com, various other digital platforms and a startup incubation hub for Kenya's youthful entrepreneurs. Drop me a mail at [email protected]

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