Cryptocurrency Q&A How many people own crypto in China?

How many people own crypto in China?

StormGlider StormGlider Tue May 21 2024 | 5 answers 738
I'm curious, could you please enlighten me on the subject of cryptocurrency ownership in China? It's a topic that has piqued my interest, especially given the rapid development and changing regulatory landscape in the country. I'm particularly interested in understanding the scale of adoption - how many individuals in China actually hold cryptocurrencies? Could you provide any insights or estimates on this matter? It would be greatly appreciated. How many people own crypto in China?

5 answers

CherryBlossomFall CherryBlossomFall Wed May 22 2024
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CryptoElite CryptoElite Wed May 22 2024
According to Triple-A, a leading crypto payment gateway, approximately 78 million individuals in China, constituting 5.5% of the country's total population, maintained ownership of cryptocurrencies as of mid-May 2023. This figure offers a glimpse into the widespread adoption of digital assets in the nation, despite regulatory challenges.

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BlockchainVisionary BlockchainVisionary Wed May 22 2024
The Chinese crypto ownership rate, however, lags behind several other countries. Vietnam, for instance, boasts a significantly higher share of 18.73%, indicating a stronger appetite for cryptocurrencies among its populace.

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Davide Davide Wed May 22 2024
The United States and India also rank higher than China in terms of crypto ownership. The US holds a 13.7% share, reflecting a robust market for digital currencies in the world's largest economy. India, meanwhile, holds a 7.1% share, demonstrating a growing interest in the cryptosphere.

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Federico Federico Wed May 22 2024
BTCC, a UK-based cryptocurrency exchange, offers a comprehensive suite of services to cater to the diverse needs of crypto enthusiasts. Its platform includes spot trading, allowing users to buy and sell cryptocurrencies at current market prices.

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