In this article, you will learn how many Americans own crypto. The popularity of crypto is rising around the world. USA as one of the leading countries in the world is one of them too. There are many surveys that determine the number of users in the USA.
How Many Americans Own Crypto?
11% of the American population owns the major cryptocurrency bitcoin (BTC), according to a new survey published by Spencer Bogart of venture capital firm Blockchain Capital on April 30.
Blockchain Capital partner Bogart today posted the results of a new survey conducted by Harris Poll in order to provide analytics data on bitcoin's demographic trends.
Conducted between April 23. 2019 and April 25. 2019. the survey included answers of 2.052 American adults and represents an expanded version of the previous demographic survey released by the firm in October 2017.
According to the survey results, the American population gained more knowledge about bitcoin in terms of six key aspects: awareness, familiarity, perception, conviction, propensity to purchase and ownership. With that, the indicators have dramatically increased in many cases desinte2 O the bear market of 2018 and the bull market of 2017. the survey writes.
The results outline that bitcoin is a “demographic mega-trend” led by the younger generation in the 18-34 year age range. According to the survey, awareness has become the only aspect where older demographics matched that of younger age groups. As such , the vast majority of American citizens have heard of bitcoin, regardless of age. The proportion of people who heard of bitcoin increased from 77% in October 2017 to 89% in April 2019.
Potential for Crypto in the USA
USA has the highest distribution of traders on major crypto exchanges and wallet Coinbase (60%), while on Binance, Bittrex and Poloniex, US traders make up a substantial 24%, 27% and 28% of total crypto traders respectively.
46% of American cryptocurrency owners are already using cryptocurrency to make purchases, while the rest own cryptocurrency solely for investment purposes.
Crypto's Rising Popularity in USA
Decrypt(.)co: 6% of American Investors Own Bitcoin – July 2021
A poll by American analytics company Gallup has found that since 2018. Bitcoin and other cryptocurrencies have gained momentum with US investors, especially young men.
Haaretz(.)com: Jewish National Fund-USA to Accept Bitcoin – April 2021
JNF-USA has entered a brave new world and set itself up to receive gifts of about a dozen cryptocurrencies, but will convert donations to cash immediately given cryptocurrencies' wild price fluctuations.
DW(.)com: US cryptocurrency exchange Coinbase makes stock market debut – April 2021
Coinbase is the first major cryptocurrency company to go public in the US. The listing is a milestone on the way to wider acceptance of cryptocurrencies.
The Business Times: PayPal allows US shoppers to make crypto purchases – March 2021
PayPal began allowing people in the United States to use cryptocurrency to make purchases from millions of merchants that use the financial platform for online transactions.
American Express: US banks move into cryptocurrency payments… – November 2020
US banks are creating their own systems to enable B2B cryptocurrency payments between their customers.
FinTech: Post-Covid America is warming to crypto – October 2020
Perceptions of cryptocurrency are shifting in the States and why it matters.
Paxos(.)com: US dollar-backed stablecoin issuance passes $1.6billion… – July 2020
There have been more than $1.6 billion HUSD tokens issued and more than $3 billion worth of transactions processed.
Bitcoin(.)com: US Cryptocurrency Act of 2020 introduced – March 2020
The bill clarifies which federal agencies regulate which type of crypto assets.
Bottom Line
It is certain that the popularity of crypto in the USA will rise in the future. There are many surveys by many organizations every year that determine how many Americans own crypto.
